(NEW YORK)Shares of drybulk carriers sank in early afternoon trading Monday, posting double-digit percentage declines with the broader market awash in a sea of losses.READ MORE
(NEW YORK)One analyst suggests that the spreading credit crisis and the lifting of some temporary factors will allow drybulk shipping demand to rebound by the end of this year.READ MORE
(NEW YORK)Shares of several drybulk shipping companies set new year-lows on Friday, as vessel activity continued to spiral down and a key shipping index plunged.READ MORE
Among the earnings stories for Friday, Aug. 22, from AP Financial News: LONDON (AP)--British services company Rentokil Initial PLC posted an 82 percent drop in first-half profit Fr...READ MORE
(MINNEAPOLIS)Greek drybulk shipper DryShips Inc. said its second-quarter profit nearly tripled, driven by the sale of three ships, but its adjusted results were well below what analysts had exp...READ MORE
(NEW YORK)A JPMorgan analyst downgraded one drybulk shipper and upgraded another Thursday, saying that Eagle Bulk Shipping Inc. should benefit from near-term fleet growth while Diana Shippin...READ MORE
(NEW YORK)A Jefferies & Co. analyst raised his full-year earnings predictions for several drybulk shippers Monday, saying robust demand for iron ore, coal and grain should drive up rates for...READ MORE