Star Bulk and Eagle Bulk to merge operations
Star Bulk Carriers and Eagle Bulk Shipping will merge operations to create the largest dry bulk shipping company listed in the US.
Source: ship-technology.com
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Star Bulk Carriers and Eagle Bulk Shipping will merge operations to create the largest dry bulk shipping company listed in the US.
Nasdaq-listed Star Bulk Carriers recouped its $250m investment on scrubbers in just two and a half years.
As the demand for commodities is picking up, shipping is also seeing a rebound. Around two days back, according to a Maritime Logistics Professional report, the Baltic Dry Index (BDI) rose to its highest peak in the past 11 years. The index was up by 55 points, to 4,147, and according to the report, this ...