Monday Aug 11
Overseas Shipholding CEO Capt. Robert Johnston to Retire
Overseas Shipholding Group, Inc. announced today that Captain Robert Johnston, President and Chief Executive Officer, will retire from the company effective immediately.
Why Is The Shipping Industry Underwater?
The following is a guest post by George Schultze, founder of Schultze Asset Management LLC, an alternative investments firm founded in 1998 that manages approximately $225 million in assets and specializes in event-driven and distressed securities investing .
Shipping company Nautilus files for U.S. bankruptcy
Nautilus Holdings Ltd, a Bermuda-chartered company that leases container ships, has filed for Chapter 11 bankruptcy protection in New York, becoming the latest victim of a depressed shipping industry.
American Shipping Company Can Still Be Considered After A Massive Rally
With long-term bare boat charters, the company offers stable cash flow and dividend visibility along with potential upside from higher day rates.