Star Bulk books new major loss for Q1

The first quarter 2016 finished as the worst in 30 years, says the Star Bulk Carriers CEO after the Greek-based dry bulk player suffered a new bottom line deficit. The carrier is negotiating with its banks and have secured deferral until the end of August.

BY NIKLAS KRIGSLUND

In recent months, one dry bulk carrier after another has published major losses for the first quarter in which rates dipped close to an all-time low back in February.

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Star Bulk books new major loss for Q1

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Major bulk shares take dramatic roller coaster ride in 2016

Losses at eight bulk carriers could reach astronomic heights

Star Bulk cancels newbuildings after huge deficit

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Front page now

Singapore shipowners on green transition: Business comes first

Wärtsilä sees more carriers improving efficiency instead of switching fuel

US Coast Guard strengthens measures against violations on commercial ships

Maersk Tankers moves into new segment with latest pool

MSC wins first case on congestion charge to customer

Orders for LNG and methanol ships increased over summer

Typhoon closes 12 shipping routes off southern Taiwan

Small feeder ships headed for extinction in European market

Maersk's new methanol venture moves forward with project by Suez Canal

Three new cars stacked in one shipping container to reduce long waiting times

Liquidation company puts an end to crisis in North German shipping bank

BW Group sells millions of shares in gas shipping company

Further reading

Singapore shipowners on green transition: Business comes first

MSC wins first case on congestion charge to customer

Three new cars stacked in one shipping container to reduce long waiting times

Maersk Tankers moves into new segment with latest pool

Media: Sale of DB Schenker enters next phase

"I just don't understand what they will do with all the conventional ships"

Jobs