Greek dry bulk ship operator Star Bulk Carriers booked a fleet impairment of USD 30 million in the second quarter, and this contributed significantly to the shipping company finishing the quarter with a deficit of USD 40.2 million.
The large deficit comes after a quarter which, according to Star Bulk Carriers CEO Petros Pappas, experienced "significant dry bulk market weakness."
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.