Star Bulk Acquires 34 Vessels from Excel Maritime
International dry bulk shipping company Star Bulk announced Tuesday an agreement to acquire 34 vessels from troubled shipowner Excel Maritime
International dry bulk shipping company Star Bulk announced Tuesday an agreement to acquire 34 vessels from troubled shipowner Excel Maritime
Excel Maritime Carriers Ltd., the Athens-based operator of 38 dry-bulk vessels, filed for bankruptcy protection in the U.S. after extending a voting deadline
The outlook for the drybulk shipping market is brightening after a stormy four years, but only those shippers that managed to avoid getting swamped by debt are
Troubled Athens-based shipping company Excel Maritime (EXM) revealed in yesterday’s press release one of industry’s worst kept secrets: The
Drybulk shipper Excel Maritime Carriers Ltd intends to file for Chapter 11 bankruptcy making it the latest victim of a downturn in the shipping
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