Star Bulk braces for a prolonged bulk downturn
Carrier Star Bulk came out of the second quarter with a smaller deficit on the bottom line, and the company has secured postponement of more than USD 200 in debt until 2018. The carrier is bracing itself for a prolonged downturn in bulk.
BY LOUISE VOGDRUP-SCHMIDT & DANIEL LOGAN BERG-MUNCH
New York-listed carrier Star Bulk continues to struggle with large deficits in the historically low bulk market.
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