Ticker	Volume	Price	Price Delta
DJIA	15,179.80	+109.67	0.73%
S&P 500	1,639.04	+12.31	0.76%
Nasdaq	3,452.13	+28.58	0.83%

Ticker

Volume

Price

Price Delta

DJIA

15,179.80

+109.67

0.73%

S&P 500

1,639.04

+12.31

0.76%

Nasdaq

3,452.13

+28.58

0.83%

Ticker	Volume	Price	Price Delta
STOXX 50	2,702.69	+35.37	1.33%
FTSE 100	6,330.49	+22.23	0.35%
DAX	8,215.73	+87.77	1.08%

Ticker

Volume

Price

Price Delta

STOXX 50

2,702.69

+35.37

1.33%

FTSE 100

6,330.49

+22.23

0.35%

DAX

8,215.73

+87.77

1.08%

Ticker	Volume	Price	Price Delta
Nikkei	13,007.30	-25.84	-0.20%
Hang Seng	21,160.10	-65.82	-0.31%
S&P/ASX 200	4,814.40	-11.48	-0.24%

Ticker

Volume

Price

Price Delta

Nikkei

13,007.30

-25.84

-0.20%

Hang Seng

21,160.10

-65.82

-0.31%

S&P/ASX 200

4,814.40

-11.48

-0.24%

BREAKING NEWS

Draghi Says ECB Has 'Open Mind' on Non-Standard Monetary Policy

Sanko Asks to Defer Vessel-Hire Payments, Golden Ocean Says

By Michelle Wiese Bockmann - 2012-03-12T17:05:50Z

Golden Ocean Group Ltd. (GOGL), an operator of commodity-carrying ships, said Sanko Steamship Co. asked to defer hire payments for a Capesize vessel.

The Golden Feng is chartered to Sanko at $46,000 a day until Jan. 10, 2014, Oslo-based Golden Ocean said today in a statement.

Sanko, which operates about 200 ships, said today it asked creditors to defer payments after freight rates slumped amid a global oversupply of vessels and rising fuel prices. The Tokyo- based company has asked shipowners, shipyards and lenders for a standstill agreement and intends to eventually pay all debts, a March 9 statement showed.

Sanko owns 41 of the ships it operates, according to vessel-owning data compiled by Bloomberg.

To contact the reporter on this story: Michelle Wiese Bockmann in London at mwiesebockma@bloomberg.net

To contact the editor responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net

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