SSY Helps Raise $95m for Five Bulkers

Tuesday, June 05, 2007
Thomas M. Kane, President of SSY Capital LLC, announced the completion of a $95m facility for the acquisition of five handysize bulkers on behalf of their client Pacific King Shipping Holding Ltd. Pacific King of Singapore is undergoing a fleet modernization program to keep pace with the growing market demand. Founded in 1998, Pacific King Shipping is primarily engaged in ship owning and chartering as one of the leading providers of log transportation in Southeast Asia, the People’s Republic of China and India, as well as other cargoes globally. The addition of these five ships brings the fleet total to 28.
Email AddThis Feed Button Share
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Steamship Mutual Addresses Underwriting Imbalance

Steamship Mutual released interim financial results for the year ending February 20, 2013. As with all international group clubs, underwriting performance for the year ended February 20,

PSSA Interactive Display Launched at IMO

A new interactive display on Particularly Sensitive Sea Areas (PSSA) has been launched at IMO Headquarters and online at www.pssa.imo.org. A PSSA is an area

Second Consecutive Decline for Stifel Logistics Confidence Index

The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index,

Bulk Carrier Trends

Great Lakes April Coal Shipments Unchanged from a Year Ago

Shipments of coal on the Great Lakes totaled 2.2 million tons in April, a virtual tie with a year ago.  The trade was 19 percent below the month’s five-year average, however.

Euroseas Reports Quarter Results

Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced

Great Lakes Ore Trade Down Nine Percent in April

Shipments of iron ore on the Great Lakes totaled 5.6 million tons in April, a decrease of 9% compared to a year ago. However, loadings were 11% ahead of the month’s five-year average.

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright