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Marine Freight & Logistics

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Star Bulk Carriers reports Q1 loss per share $1.11

4:05pm EDT

Star Bulk Carriers Corp : Q1 adjusted loss per share $0.87 excluding items . Q1 earnings per share view $-1.04 -- Thomson Reuters I/B/E/S . Qtrly total revenues $46.3 million versus $45.5 million . Qtrly loss per share $1.11 . Entered into standstill agreements covering debt principal repayments as well as certain covenants with lenders for period of three months ending on August 31 2016 . Entered standstill deals covering debt principal repayments, certain covenants with lenders for a period of 3 months ending August 31 .Says Q1 2016 average daily opex per vessel was $3.8 million versus $4.7 million.

Bremer Lagerhaus Gesellschaft says BLG Logistics and Grimaldi become partners in Gioia Tauro

11:53am EDT

Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 : BLG Logistics and grimaldi become partners in Gioia Tauro . Italian grimaldi group, via its associated company automar, has acquired a 50-percent share in Calabrian automobile terminal Gioia Tauro .Previously, BLG Logistics operated terminal alone.

CMA CGM crosses 91.05 pct ownership of Neptune Orient Lines, to exercise compulsory acquisition rights

Tuesday, 28 Jun 2016 12:37pm EDT

CMA CGM SA :Crosses 91.05 percent ownership threshold of Neptune Orient Lines intends to exercise compulsory acquisition rights.

CMA CGM crosses 91.05 pct ownership of Neptune Orient Lines, to exercise compulsory acquisition rights

Tuesday, 28 Jun 2016 12:37pm EDT

CMA CGM SA :Crosses 91.05 percent ownership threshold of Neptune Orient Lines intends to exercise compulsory acquisition rights.

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