Managing Costs Key for SALT to Return to Profitability
TCE revenues follow an upward trajectory q/q, albeit corresponding growth in expenses dampens net income: In 1Q18, SALT reported TCE revenues of...
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Dry Bulk Shipping - Recovery to Normalise in 2018
After a strong freight rate rally in 2017, which also rubbed on stock prices, we have seen a significant correction in the recent past as the BDI...
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Dry Bulk Market on Strong Footing, While Tanker/Gas Shipping Rates up on Seasonal Demand
Credit markets: Global yields reached their lowest levels in a year this September, driven by the sustained low interest rate environment and the...
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Scorpio Bulkers – 2Q17 Result Update – Earnings Recovery in Line with Expectations
2Q earnings aided by higher revenues and lower costs: TCE revenues increased by 8.6% q/q to reach USD 37.6m, in line with our estimate of USD...
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Jeil Holdings IPO (Part 2): Holdco for the Biggest Chicken Producer & Dry Bulk Shipper in Korea
This report is part 2 of the Jeil Holdings IPO. Jeil Holdings is expected to complete its IPO in late June. Jeil Holdings is the Holdco for the...
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