Star Bulk reduced its deficit in 2016

Star Bulk Carriers exits 2016 with a new deficit, though the dry bulk carrier noted improvements toward the end of the year. The company's cost numbers remain "exceptional," says JP Morgan.

Photo: Star Bulk

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Trade war inches closer in US-China tariff clash

US President Donald Trump has signed a tariff on Chinese goods into force. According to the US president, China's trade surplus is "out of control." Restrictions on trade could trigger severe negative consequences for global trade, warns Maersk.

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