Star Bulk Carriers reports 3Q16 results
Star Bulk Carriers has booked a net loss in 3Q16 of US$39.4 million on revenues of US$59.9 million.
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Star Bulk Carriers has booked a net loss in 3Q16 of US$39.4 million on revenues of US$59.9 million.
Dry bulk shipping company, Globus Maritime, has reported improved year-to-date results, despite an increased third quarter loss,
Dry Bulk shipping company, Golden Ocean Group, has announced an improved loss in 3Q16 on better market conditions.
A proposed merger between MHM Metals and Alliance Mining Commodities will support development of a major direct shipping bauxite project in Guinea.
A stabilisation of China’s economic growth will continue to benefit commodity shipments, following strong imports of iron ore an metallurgical coal in 3Q16.
Japanese shipyards received just two orders to new dry bulk carriers in October, compared to 27 the year before.
Fortescue has secured a US$473 million funding agreement from CDB Leasing for its very large ore carriers.
UWL LLC continues to grow its portfolio following coordinating their customs brokerage services with World Shipping Inc.
Earnings from Australia’s bulk commodity exports are expected to grow by 12% in FY17 to AUS176 billion.
Viterra, a subsidiary of commodities trading giant, Glencore, has reduced rates on its Export Select supply-chain service for the 2016/17 harvest.
Rio Tinto agrees Heads of Agreement to sell its stake in the Simandou iron ore project in Guinea to Chinalco.
Global demolition activity rose in the first nine months of 2016 by 16% (compared the same period in 2015).