Costamare bulker spin-off starts life with a loss as legacy positions liquidated
CEO Gregory Zikos says company is ‘well positioned to grow’ as fleet renewal moves progress
Bulkers
Star Bulk focused on more ship sales as buying ruled out for now
Executives say smaller, less efficient vessels will be offloaded
Himalaya Shipping profit falls due to weaker capesize freight market
But monthly dividends have been trending up as fleet earnings improve
Cold snap in August: Pangaea Logistics Solutions falls to a rare loss
Operator makes first stock buybacks under new authorisation
Genco Shipping still hot on capesize sector after $63.6m splash
Transaction under new revolving credit facility will edge up shipowner’s small debt load
Darrell Crate’s Easterly Clear Ocean plots move into bulkers with new $250m-plus fund
US player also eyeing more offshore ships and crude tankers as it diversifies
Pacific Basin bulker earnings fall as company braces for USTR impact
First six months were lower year on year, but operating margins remain firm
United Maritime confirms profitable capesize sale as earnings rise
Bulker owner also seeing interest from charterers in new offshore vessel
Intercargo and GCMD to team up on boosting fuel-saving tech on bulkers
Two-year agreement will promote pay-as-you-save financing model
Houthis warn 64 shipowners to swerve Israeli or face ‘consequences’
Militants say companies have ignored their demands over port calls