Bulk carrier warned of potential forced delisting

The US Nasdaq exchange authorities have notified Greek-based DryShips that the bulk carrier no longer meets the criteria required for trading the company's shares.

BY OLE ANDERSEN

Greek-controlled DryShips is no longer in compliance with the required criteria for a listing on the Nasdaq stock exchange in New York and trading of the company's shares, which have now traded at less than USD 1 for a 30-day period. The US stock exchange authorities have notified the dry bulk carrier of this fact, and DryShips now has 180 days to correct these conditions.

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Bulk carrier warned of potential forced delisting

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DryShips sells tanker fleet to CEO

Major bulk carrier falters on the stock exchange

Tense prelude ahead of bulk carriers' annual reports

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

Seven Seas: Customers' green ambitions and actions don't align

DSV's strategy could block acquisition of DB Schencker

German bank to broker CO2 allowances to shipping customers

Jobs