Star Bulk, Eagle Bulk to merge
NewsIn one of the largest mergers between dry bulk shipping companies, Star Bulk is to absorb Eagle Bulk in an all-share merger.
The governments of Zambia and Angola held talks in June over building a new cross-border railway to connect with Angola’s Benguela Railway to carry copper exports. The Benguela line runs for 1,300 km from the Atlantic port of Lobito as far east as Luau in Angola before running for another 400 km to Kolwezi in Democratic Republic of Congo (DRC) to handle Congolese mining exports.
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