(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)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
(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 key shipping index measuring drybulk vessel activity posted its largest one-day drop Thursday, dragged down as rates for the sector's biggest ships lost significant ground.READ MORE
(NEW YORK)Greek drybulk and container shipper Euroseas Ltd. said Wednesday its first-quarter profit grew sharply on higher revenue from additional ships. For the three months ended March 31,...READ MORE