Holly Birkett

Bulker owner has lost just over $131m since January, including more than $100m in impairments

Cash on hand, cost cuts and charter coverage are key in weathering the difficult period until a recovery next year for the Fredriksen-backed owner

Focus on bigger bulkers is paying off, but still no dividend for investors due to ‘continued market uncertainty’

A new pool would give higher vessel earnings and lower emissions by making operations more efficient, Petros Pappas said

Bulker owner’s bottom line impacted by hefty one-off charge in finance costs