Finance

Drybulk logistics firm and shipowner saw higher revenue amid improved charter rates and lower expenses.

US-listed diversfied tanker owner’s second quarter results, which include $4.9m in credit facility-related charges, beat Wall Street consensus.

Financing updates come alongside second quarter profit and promising third quarter guidance.

Danish shipowner sees stock tick up again with analysts suggesting further forecast revisions unlikely.

Commitments to shipping remain at EUR 1bn ($1.16bn ) for the first half of this year.