Korea Shipping Line Files for Bankruptcy and Collateral Loses Exposed

1. Eagle Bulk claims modest losses from Korea Lines ‎ Bloomberg - 1 day ago By AP NEW YORK (AP) — Shares of Eagle Bulk Shipping Inc. tumbled Tuesday after insolvent dry-bulk shipper Korea Line Corp., which uses Eagle vessels, ... Korea Line Files for Receivership as Bulk Rates Fall‎ - BusinessWeek Court to decide on future of troubled Korea Line within month-official‎ - Reuters Africa Korea Line Goes Belly-Up‎ - The Chosun Ilbo GlobeNewsWire (press release) - AFP all 32 news articles »  EGLE

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2. DnB NOR Says Korea Line Exposure Less Than $35M ‎ Wall Street Journal - 2 days ago OS) Tuesday said it has less than $35 million in exposure to South Korean dry bulk shipping firmKorea Line Corp. (005880.SE) and that it doesn't expect to ... DnB NOR says Korea Line exposure less than $35 mln‎ - Reuters all 3 news articles »

3. Excel Maritime Carriers Ltd. Announces It Has No Exposure to Korea ... ‎ Trading Markets (press release) - 2 days ago ... "Company") (NYSE: EXM | PowerRating) announced today that the Company does not have any business relations or financial exposure to Korea Line Corp., ...  EXM

4. Dry-Bulk Shipping Customer Files for Bankruptcy, Industry Remains Weak ‎ Morningstar.com - Adam Fleck - 1 day ago On Tuesday, ocean shipping firm Korea Line announced that it will file for bankruptcy protection due... Amid Glut, Where Will Dry Bulk Rates Go?‎ - TheStreet.com FBR Capital Upgrades Eagle Bulk Shipping (EGLE) to Outperform ...‎ - StreetInsider.com (subscription) Brokerage Beat: Eagle Bulk Shipping, Clean Harbors, and JA Solar‎ - Schaeffers Research (press release) all 13 news articles »  EGLE - CLH - FRA:YI2

5. EXCEL MARITIME CARRIERS LTD. ANNOUNCES IT HAS NO EXPOSURE TOKOREA ... ‎ Maritime Global Net (press release) - 20 hours ago ... (“Excel” or the “Company”) (NYSE:EXM) announced today that the Company does not have any business relations or financial exposure to Korea Line Corp., ...