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Is The Worst Still To Come For Dry Bulk Shipping?

02:18pm, Thursday, 27'th Feb 2020
Not surprisingly, coronavirus is a major topic on the quarterly calls of public dry bulk shipping companies — executives maintain it's having a negative effect on rates. The dual indices assess the
There's a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Entercom Communications (ETM), Genco Shipping (GNK) and
NEW YORK, NY / ACCESSWIRE / February 26, 2020 / Genco Shipping & Trading Ltd. (NYSE:GNK) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 26,
NEW YORK, Feb. 25, 2020 -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the.
Genco Shipping & Trading (NYSE:GNK) and DryShips (NASDAQ:DRYS) are both small-cap transportation companies, but which is the better investment? We will contrast the two companies based on the strength

Baltic Dry Index continues slow recovery

02:35pm, Thursday, 20'th Feb 2020
The Baltic Dry Index rose 3.23% to 480 points in London to record a fifth straight day of gains for the measure of dry bulking shipping rates. The Baltic Dry Index bottomed out at 411 on February 10.

Investor sentiment improves on shipping

03:09pm, Wednesday, 12'th Feb 2020
The rally in shipping stocks is extending into a second day with tanker and dry bulk rates reported to be improved. While the partial shutdown of China industrial production has been a major talking

Shipping stocks break higher

05:51pm, Tuesday, 11'th Feb 2020
The shipping sector is riding higher with 41 of the 42 sector names with a market cap of at least $50M in positive territory for the day.Analysts are pointing to a potential bottom for shipping rates

IMO 2020 Impacts To Shipping

02:00pm, Thursday, 06'th Feb 2020
Shipping investors, and particularly tanker investors, were very bullish in mid-2019 ahead of the biggest regulatory shift in modern history: IMO 2020. Tanker s
The record for the absolute worst dry bulk shipping spot rate of all time was set in February 2016, when the Baltic Dry Index (BDI) slumped to 219 points and vessel spot rates...
Freight rates for supertankers on the Mideast Gulf and U.S. Gulf routes to Asia sink to their lowest since mid-September as the coronavirus outbreak hit Chinese demand, Reuters reports."The market

IMO 2020 And Shipping - Our Forecasts Vs. Reality

03:00pm, Wednesday, 29'th Jan 2020
IMO 2020 is now in effect, marking a massive shift in the industry. Prior to implementation, theories of astronomical bunker prices, mass scrapping, and slow st
NEW YORK, Jan. 29, 2020 -- Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”) announced today the completion of its exhaust gas cleaning systems.

Cleaves Securities warms up to shipping

12:39pm, Wednesday, 29'th Jan 2020
Cleaves Securities takes a dive into the shipping sector with a series of upgrades. The research firm lifts Genco Shipping (NYSE:GNK), Eagle Bulk Shipping (NASDAQ:EGLE), Golden Ocean (NASDAQ:GOGL) an

Shipping sector smacked by virus repercussions

03:00pm, Monday, 27'th Jan 2020
Shipping stocks are in retreat over investor concerns on the impact of the coronavirus on the global economy. 41 of the 44 publicly-traded shipping stocks with a market cap of at least $50M are down
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