(NEW YORK)The growing financial crisis is constraining world trade with a jumbled mess of frozen credit that could mean shortages of food and energy supplies for some countries.READ MORE
(NEW YORK)Shares of drybulk shipping companies fell sharply amid a broader market rout on Wednesday, as an analyst said shipping demand will likely remain sluggish over the next year.READ MORE
(NEW YORK)Drybulk shipping stocks accelerated Tuesday amid a shaky broader market, as a JPMorgan analyst suggested the stocks were oversold. Analyst Jonathan B. Chappell said in a client not...READ MORE
(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