DryShips Inc. and OceanFreight Inc. have entered into a definitive agreement. The former will acquire the outstanding shares of the latter for consideration per share of $19.85, consisting of $11.25 ...

'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...

OceanFreight Inc., has acquired the M/T Tigani, a 1991 built 95,951 dwt double-hull Aframax crude oil tanker. The vessel was purchased from interests associated with George Economou for a purchase ...

OceanFreight (NASDAQ: OCNF) is down six percent on the day after announcing a 1-for-20 reverse stock split this week. The stock is temporarily trading under the OCNFD ticker while the market adjusts ...

Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.