June 11 (Reuters) - Drybulk shipper Excel Maritime Carriers Ltd intends to file for Chapter 11 bankruptcy, regulatory filings showed.
our dry-bulk shippers: Diana Shipping DSX, Navios Maritime Holdings NM, Genco Shipping & Trading GNK, Excel Maritime Carriers EXM , and Eagle Bulk Shipping EGLE. Despite oversupply issues continuing to weigh on the industry, we still believe
management's actions begin to prove accretive to shareholders. Excel Maritime Carriers is a global provider of transportation services for ..... issues reaffirms our very high uncertainty rating. Excel Maritime Carriers owns one of the largest and most diversified fleets
We are placing our coverage for Excel Maritime Carriers EXM and Genco Shipping & Trading GNK under review as we reassess our assumptions. While the Baltic Dry Index has recovered since reaching
Excel Maritime EXM reported fourth-quarter results that came in below our expectations, but we're leaving our fair value estimate unchanged at
We are downgrading our credit rating on Excel Maritime Carriers EXM to CCC from B- to reflect weakening credit measures related to the highly volatile dry-bulk shipping industry. We expect that
On Tuesday, Excel Maritime EXM reported third-quarter results that were in line with our expectations, and we’re maintaining our fair value estimate of
On Friday, Excel Maritime EXM reported second-quarter results in line with our expectations, but we're keeping our dry-bulk shipping coverage universe