(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)Genco Shipping & Trading Ltd. said Tuesday a consortium of banks agreed to extend a $320 million five-year credit line to the drybulk shipper. The facility, which is subject to exe...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
(NEW YORK)Shares of Genco Shipping & Trading jumped Wednesday after the drybulk shipper said it extended a time-charter contract for one of its 2007-built Supramax vessels.READ MORE
(NEW YORK)Drybulk shipper Genco Shipping & Trading Ltd. said Monday it has taken delivery of the Genco Raptor, a Panamax vessel. The company said the Raptor is the first vessel to be deliver...READ MORE