Star Bulk Carriers delivered a better-than-expected decline in its net loss as cost cutting help improve the bottom line.
The New York-listed bulker owner reported a loss of $39.4m in the third quarter, better than the $42m earned a year earlier.
But the adjusted loss per share of $0.44 was somewhat smaller than the average $0.56 predicted by analysts.
"Adjusted Ebitda was $11.9m,
