Genco refinances with new credit facility and stock sale
Dry bulk shipping company, Genco Shipping and Trading, has closed on a new US$400 million credit facility and completed a US$125 million stock sale.
Shipping - 16 December 2016
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DryShips agrees refinancing package
DryShip’s founder and chairman George Economou is to provide a US$200 million loan facility to the company as part of a refinancing package.
GE Shipping takes delivery of secondhand supramax dry bulk carrier
GE Shipping has taken delivery of a secondhand supramax dry bulk carrier, Jag Radha, (2009 built) of about 58 000 DWT.