Shipping

The presentation will take place today at 4:30 pm Eastern Time, and a webcast of the presentation will be available on the company’s website tomorrow.

The company recorded a full year profit after tax of US$4.2 million, despite significant losses in one business unit.

ESL Shipping strengthens its chartering team to respond to the requirements of growing fleet.

Delivering more competition in coastal shipping will cut costs for business and consumers.

Eagle Bulk has provided an update on its fleet following the company’s acquisition of an ultramax bulk carrier and the sale of two of its supramaxes.

Eagle Bulk Shipping has announced that its subsidiary, Eagle Bulk Ultraco LLC, has received a loan commitment from a consortium of banks for approximately US$208 million.

Star Bulk Carriers Corp. has announced the expiration of the restricted period of the Songa consideration shares.

Star Bulk Carriers Corp. has launched an incentive programme for its key employees, pursuant to which 4 million shares have been issued.

Star Bulk Carriers Corp. has announced that the restricted period regarding Songa Bulk ASA’s acquired consideration shares could end this week.

The Canadian operator of dry bulk carriers has increased its interest in the CSL International Pool to approximately 40%.

Oldendorff has sold the last of its three self-unloaders to Algoma Central Corp. in a deal worth US$100.5 million.

Star Bulk Carriers Corp. has provided a fleet update as well as an updated share count following the recent stock repurchasing programme.

The company has shipped four cargoes to Chinese based converters in recent weeks.

Safe Bulkers reports quarterly dividends on its 8% Series C and Series D cumulative redeemable perpetual preferred shares.

Grieg Star and Maas Capital establish a new joint venture called GriegMaas AS.