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Eagle Bulk Shipping reports a narrower than expected loss for its fiscal second quarter as revenue rose 16.5% from a year earlier.
The dry bulk shippers are still dealing with low freight rates because of overcapacity.
Dry-bulk shippers have found themselves in a world of hurt. How did it happen, and when will it end?
Here are the headlines that have moved the dry-bulk stocks so far in 2011.
DryShips gives an update on its planned IPO for its drillships unit, even as first-quarter earnings suffer as the wider drybulk industry drifts through a dark period.
Eagle Bulk Shipping reworks a series of ship charter agreements with one a financially troubled customer.
EBITDA Increase 31% Year-on-Year
A host of dry-bulk shipping companies are facing a credit crunch, according to one shipping-equities analyst who downgraded a slew of names Monday.
Oil tanker shares were soaring as the political turmoil in Egypt triggered speculation that the Suez Canal might be shut down.
Oversupply in the dry-bulk shipping market has caused day rates to plunge, leading to one South Korean shipper's bankruptcy. Will day rates recover in the first half of 2011?
Eagle Bulk Shipping, which lost more than 11% of its value during the previous session after one of its biggest charterers declared bankruptcy, receives a timely upgrade Wednesday.
Eagle Bulk Shipping has been dropping for the last week and on Tuesday the bottom fell out.
Dry-bulk shipping stocks sink after a major Korean freight line files for receivership and threatens to take other companies with it amid a dire market for dry-bulk cargoes
DryShips shares fall sharply amid heavy volume after announcing the purchase of 12 oil tankers from a Korean shipbuilder.
DryShips shares jump Monday after an upgrade from Morgan Stanley.
39th Vessel Joins the Fleet With $44 Million in Contracted Revenue
Dry bulk stocks could rise as a result of falling iron ore prices, analysts say.
Dry bulk shipping companies, in the wake of second -quarter-earnings report season, are looking for a rebound in rates.
Net Revenue and EBITDA Increase 24% Year-on-Year
38th Vessel Joins the Fleet With $56 Million in Minimum Contracted
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