Scorpio Bulkers shares collapse

The NYSE-listed stock of Scorpio Bulkers plunged 37% over two consecutive trading sessions as the company sold shares to fund its newbuildings.
Late on 10 June, the company priced 133 million shares at USD1.50/share, a 31% discount versus the 9 June closing price and a 38% discount versus the 8

Callao post-strike gridlock eases

APM Terminals estimates it will take 7-10 days for operations to return to normal now striking stevedores are back at work at APMT’s general cargo terminal at Peru’s Port of Callao.
The three-week-long strike, which ended on 5 June with a tentative two-year agreement, had been most damaging to