Finance

Songa Bulk’s failure to perform in capital markets like it did at asset play helped drive Star Bulk combination.

Owner’s private placement of shares significantly over-subscribed.

Revaluation of maritime book sees lender cut out loan losses in first quarter.

Louise Evans pursuing other interests after deciding not to stand for re-election at AGM.

London-listed shipbroker also sees technical business return to profit as shipbroking arm builds forward orderbook.