Fears of a debt default by Chinese property developer Evergrande are prompting a major sell-off of New York-listed shipping equities, hours after hurting those trading in Europe and Asia.
A dozen New York-listed dry bulk shipping stocks fell more than 10% by early afternoon on Monday on Wall Street.
Shares of Golden Ocean Group, which trade on the Nasdaq stock exchange under the ticker symbol GOGL, plummeted 14.7%
