Cold snap in August: Pangaea Logistics Solutions falls to a rare loss
Operator makes first stock buybacks under new authorisation
Bulkers
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
Houthis tell 64 shipowners they face consequences for failing to avoid Israel
Militants say companies have ignored their demands over port calls
Houthis warn 64 shipowners to swerve Israeli or face ‘consequences’
Militia says shipping companies have ignored their demands over calling at Israeli ports
Star Bulk ship sales roll on as profit collapses and new loan fixed
Greek owner reveals more disposals but squeaks into the black after revenue plummets