
Star Bulk Carriers ( SBLK ) said one of its ships suffered hull damage entering a Turkish port, forcing the company to declare the vessel off-hire to potential charterers for at least a month. Shares -1.2% AH. Post your comment!
DSX ) Eagle Bulk Shipping Inc. ( EGLE ) FreeSeas Inc. ( FREE ) Genco Shipping & Trading Ltd. ( GNK ) Star Bulk Carriers Corp. ( SBLK ) Seanergy Maritime Holdings Corp. ( SHIP ) Paragon Shipping Inc. ( PRGN ) Excel Maritime Carriers Ltd
When I wrote my last article on Star Bulk Carriers ( SBLK ), about 6 months ago, I recommended it as a "good buy." SBLK traded that day at $1.47 a share ..... 4.4%. I suffered along - as SBLK is my 8th largest holding on a
Nov 9 (Reuters) - Star Bulk Carriers Corp posted a narrower-than-expected quarterly loss as the Greek drybulk carrier cut costs to overcome lower rates in a weak tanker market.
By J. Mintzmyer : Paragon Shipping ( PRGN ) has been badly beaten by the markets along with the entire shipping sector. Paragon reported a loss of $16.8M for Q2-11 (reported August 8 th ), mainly due to a $14.8M loss on sale of assets due to depreciating equity valuations. The entire sector has ...
wide consolidation phase is about to take place. I also wrote articles that broke down the valuations of Starbulk Carriers ( SBLK ) and DryShips ( DRYS ). However, EXM trades at a larger discount than either of these companies and does not have the additional
Star Bulk Carriers ( SBLK -16.4% ) sinks after the Greek shipper prices its 16.7M share secondary offering at $1.80 per share. The Company plans to use the proceeds to purchase two second-hand drybulk carriers. Post your comment!
Glen Bradford submits: Greece wouldn't be in so much trouble if it weren't for the oversupply of shipping capacity and the overcapacity of shipbuilding production -- on a global scale. China has an insatiable appetite for acquiring more industrial commodities than it can put to use using a positive
* Second vessel seen generating $26-31 mln gross rev (Follows Alerts)
The dry bulk market is still depressed after the global financial crisis. Too many ships are on order, there are too few demolitions, there’s too little growth in demand relative to supply and there's a fragmented market. I am not ready to say that the worst is behind us but in the long term I ...