Dry cargo shipping news

The Board of Port Commissioners has certified a Final Environmental Impact Report for the Tenth Avenue Marine Terminal Redevelopment Plan.

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.

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.

Scorpio Bulkers has entered into a time charter-out agreement covering one of its kamsarmax vessels.

Athens-based Seanergy Maritime Holdings has taken delivery of a capesize dry bulk vessel with plans to expand its fleet further in the New Year.

Eagle Bulk plans to raise US$100 million via a private placement of shares, the latest in a string of dry bulk shipping company to announce a capital raising.

The Athens-based dry bulk shipping company has raised US$100 million in a direct offering of new shares and warrants.

Safe Bulkers has raised over US$ 17 million in a public offering.

Rotterdam-based grain trader, Louis Dreyfus, has announced plans to open a new grain export terminal at the port of Azov, Russia.

Athens-based dry bulk shipper, Seanergy, has announced pricing for a US$15 million share offering.