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STAMFORD, Conn., June 22, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize drybulk vessel segment, today announced that its Board...
2023-06-21 23:24:51 ET Summary Pangaea Logistics Solutions is a somewhat unique dry bulk shipping company with a diversified strategy and stronghold in the ice class niche. Last month, Pangaea reported seasonally weaker first quarter results, but still managed to generate a respec...
2023-06-20 06:15:00 ET Summary Shipping equities have enjoyed a decent start to 2023 despite market uncertainty and volatility. Dry bulk equities trade near record discounts and are a direct play on China's reopening. Tankers are poised to begin a potential multi-year supercyc...
2023-06-18 00:09:25 ET Summary Eagle Bulk Shipping's shares are down by almost 20% since my recommendation three months ago due to a precipitous decline in dry bulk charter rates in recent weeks. The company reported seasonally weak Q1 results but provided an improved outlook for ...
2023-06-03 01:00:00 ET Summary May 2023 saw a rebound for dividend-paying companies in the U.S. stock market, with an increase in firms raising dividends and a decrease in dividend-paying firms. However, our sampling found 37 announcements of reduced, cut, or suspended dividends, ...
2023-05-22 12:00:00 ET Summary While the recent recovery in Capesize rates may be encouraging, we are uncertain if the trend may hold due to the potential moderation in China's iron ore imports. For now, SBLK has outperformed its peers with the low daily OPEX per vessel, triggerin...
2023-05-17 09:40:54 ET Eagle Bulk Shipping ( NYSE: EGLE ) said Wednesday it has entered into an amended and restated credit agreement. The amended agreement provides for an increased borrowing capacity of $175 million, a reduction in margin, and an extension in maturity by two...
STAMFORD, Conn., May 17, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize drybulk vessel segment, today announced that it has ent...
2023-05-11 17:02:57 ET Summary Eagle Bulk Shipping is a major player in the global transportation industry, specializing in the shipment of dry bulk goods, but seasonality shows revenues decreasing. The shipping industry experienced a significant surge in freight rates, leading to...
2023-05-09 14:27:04 ET Summary Eagle Bulk Shipping owns and operates a fleet of 53 dry bulk vessels that transport various bulk cargoes worldwide, serving miners, producers, traders, and end-users. After all the purchases and sales, now 96% of EGLE's fleet has scrubbers installed ...
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ATHENS, Greece, May 22, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter of 2024. Unles...
STAMFORD, Conn., April 05, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”) today announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and Plan of Merger, d...
STAMFORD, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”), one of the world’s largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter and year ...