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Registration Statement

Double Hull Tankers Files Registration Statement with SEC

Double Hull Tankers, Inc., a wholly owned subsidiary of Overseas Shipholding Group, Inc. announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. Double Hull Tankers, Inc. is a newly formed Marshall Islands corporation which intends to acquire a fleet of seven oil tankers, consisting of three VLCCs and four Aframaxes, from subsidiaries of OSG and to time charter them back to other subsidiaries of OSG. UBS Investment Bank and Merrill Lynch & Co. are serving as joint book-running managers of the offering.


Diana Shipping Announces Public Offering of Common Shares

Diana Shipping Inc. announced that it is commencing a public offering of 10,000,000 primary shares of its common stock pursuant to an effective shelf registration statement. Wachovia Securities and JPMorgan will act as joint book running managers. The Company expects to grant the underwriters an option to purchase an additional 1,500,000 common shares to cover any over- allotments, exercisable within 30 days, and expects to price the offering in due course.


Norwegian Cruise Line Parent to Go Public

According to a report from the Associated Press, the parent company of Norwegian Cruise Line, said on Oct. 26 it filed a registration statement for an initial public offering with the U.S. Securities and Exchange Commission. NCL, which operates 11 cruise ships, did not disclose a share price or proposed stock symbol. (Source: AP)


TEN Files Shelf Registration With the SEC

Tsakos Energy Navigation Ltd. (TEN) announced that it filed a $300 million universal shelf registration statement with the U.S. Securities and Exchange Commission (SEC) on May 18, 2006, replacing a prior shelf registration filed in 2003. The filing will allow TEN to offer, from time to time and as corporate needs dictate, any combination of senior and subordinated debt securities, convertible securities, common shares, preferred shares, warrants and depository shares.


Bulkship Owners, Baltic Trading, Make Public Stock Offering

Baltic Trading say they intend to use the net proceeds from the offering for future vessel acquisitions or as working capital and for general corporate purposes. Jefferies LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering, and DVB Capital Markets LLC is acting as co-manager for the offering. Baltic Trading has filed a registration statement (including a prospectus and related preliminary prospectus supplement for the common stock offering)


Dry Ships Inc. Offers Ocean Rig Shares

Athens, Greece – Dry Ships Inc., a global provider of marine transportation services for dry bulk and petroleum cargoes and off-shore contract drilling oil services, announced that it is offering 9,000,000 common shares of Ocean Rig UDW Inc. (“Ocean Rig”) which it owns in an underwritten public offering pursuant to Ocean Rig’s registration statement on Form F-1, filed with the Securities and Exchange Commission.


Double Hull Tankers Files for IPO

Double Hull Tankers, Inc., a wholly owned subsidiary of Overseas Shipholding Group, Inc. (NYSE:OSG), filed a registration statement with the Securities and Exchange Commission for a proposedinitial public offering of its common stock. Double Hull Tankers, Inc. is a newly formed Marshall Islands corporation which intends to acquire a fleet of seven oil tankers, consisting of three VLCCs and four Aframaxes, from subsidiaries of OSG


Atlas Resource Partners, L.P. Announces Pricing Of Public Offering Of Common Units

Logo

  Atlas Resource Partners, L.P. (NYSE: ARP) announced today that it has priced a public offering of 13,500,000 common units representing limited partner interests at an offering price of $19.90 per unit. The underwriters have been granted a 30-day option to purchase up to an additional 2,025,000 common units. ARP intends to use the net proceeds from this offering to fund a portion of its previously-announced acquisition of oil assets in the Rangely Field in NW Colorado


Nordic American Tanker Shipping Announces Expansion

Hamilton, Bermuda, February 27, 2006 Nordic American Tanker Shipping Ltd. has agreed to acquire a double hull Suezmax vessel of 157,332 dwt built in Korea in 1998, for a price of $69 million. The vessel is expected to be delivered from the seller to the Company in early April 2006. This acquisition will increase the NAT fleet to 9 vessels with an aggregate capacity of 1,383,491 dwt. The vessel is expected to be employed in the spot market


Safe Bulkers Announce Public Offering

Safe Bulkers, Inc., an international provider of marine drybulk transpor tation services, announced that it plans to offer its Series B Cumulative Redeemable Perpetual Preferred Shares, par value $0.01 per share, liquidation preference $25.00 per share to the public. In connection with the public offering, the company intends to grant the underwriters a 30-day option to purchase additional shares of the Series B Preferred Shares


StealthGas Prices Offering

StealthGas Inc is a provider of international seaborne transportation services to LPG producers and users

  StealthGas Inc.,  a shipowning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it has priced an underwritten registered offering of 3,500,000 shares of its common stock, at an offering price of $10


Höegh LNG Partners Launch IPO

  Höegh LNG Partners LP ("Partnership"), a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd. ("Company"), announced today that it has commenced an initial public offering of 9,600,000 common units representing limited partner interests in


SafeBulkers Price Public Offering

Bulk carrier: Photo SafeBulkers

Greece's Safe Bulkers, Inc. has set the price of its public offering offering of shares. The Company says it plans to use the net proceeds of the public offering to fund its newbuilding program and for other general corporate purposes, which may include repayment of indebtedness.


Foster Wheeler Files Definitive Proxy Materials For EGM

Courtesy Foster Wheeler

Foster Wheeler AG announced today that it has filed with the U.S. Securities and Exchange Commission (SEC) definitive proxy materials in connection with its Extraordinary General Meeting (EGM) to be held on July 10, 2014 at the Company’s offices in Baar, Switzerland


Nordic American Companies' Financial News

Image courtesy of NAT

Nordic American Tankers Limited (NAT) says it has bought two Suezmax tankers, bringing its fleet to 22 Suezmax vessels. Secondly, Nordic American Offshore Ltd. (NAO) announces a proposed public share offering. Details as follows: 1. Nordic American Tankers


GasLog Partners Announce Closing of its IPO

GasLog

  GasLog Partners LP, an international owner, operator and manager of LNG carriers, today announced the closing of its initial public offering of 9,660,000 common units representing limited partner interests (the “common units”), including 1,260


NAT Closes Public Offering

Photo: NAT

Nordic American Tankers Limited announced today that, in connection with its previously announced public offering of 12,000,000 common shares at a public offering price of $8.62 per share, the underwriters exercised in full the option granted to them by the company and purchased an additional 1,800


Box Ships announces Prices Public Offering

 Box Ships Inc.,ATHENS,  today announced that it has priced its public offering of 5,000,000 units consisting of its common shares and warrants at $2.05 per unit.  Each unit consists of one common share and a warrant to purchase 0.40 common shares.


Nordic American Tankers Announces Public Offering

Nordic American Tankers Limited (NAT) today announced an underwritten public offering of 10 million common shares pursuant to the company's effective shelf registration statement. Morgan Stanley & Co. LLC is acting as the bookrunning manager for the offering and Global Hunter Securities


MACC Registration to Open April 3

Registration for the Multi-Agency Craft Conference (MACC) 2014 will open at 12:00 EDT on Thursday, April 3. To comply with new government regulations for access to military installations, there are certain pieces of information ASNE will require when an individual registers.


Greek Tankship Operators TEN Public Share Offering

Tankship photo courtesy of TEN

Tsakos Energy Navigation Ltd. (TEN) plans to offer its common shares in a public offering. The Company says it plans to use the net proceeds of the offering to finance the growth and modernization of its fleet, and for general corporate purposes.


Container Ship Owners, Costamare, Plan NY Bourse Stock Offering

Greek shipowners, Costamare Inc., says it plans to offer its Series C Preferred Stock and intends to use the net proceeds for general corporate purposes, including making vessel acquisitions or investments, details as follows: The offering is of Series C Cumulative Redeemable Perpetual


Ireland Publishes New Ship Registration Bill

Minister for Transport, Tourism and Sport, Leo Varadkar TD has announced the publication of the Merchant Shipping (Registration of Ships) Bill 2013. The Bill is one of the Minister’s legislative priorities and is part of an overall objective to update and enhance the national maritime


Varadkar Publishes New Ship Registration Bill

Minister for Transport, Tourism and Sport, Leo Varadkar TD has announced the publication of the Merchant Shipping (Registration of Ships) Bill 2013. The Bill is one of the Minister’s legislative priorities and is part of an overall objective to update and enhance the national maritime


Extended NAT Share Offering Earmarked for Nordic American Offshore

Nordic American Tankers Limited inform that, in connection with its previous public offering of 8,125,000 common shares at a public offering price of $8.00 per share, the underwriters have exercised a portion of the option granted to them by the Company and will purchase an additional 1,018






 
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