GNK News and Press, Genco Shipping & Trading Limited New From 07/01/22

Recovery of the global economy and international trade in commodities has given a significant boost to shipping with operators making a tidy profit. While the global seaborne transportation business is quite prone to volatility, it currently offers opportunities for good pickings in t...

Genco is a long-term turnaround story and dividend play. The company has laid out a value strategy to focus on deleveraging, cash flow and growth. This higher risk stock could provide investors with a boost to their income-producing portion of their portfolios. I first r...

Value Investor's Edge Live returns with an exclusive interview focused on the dry bulk segment of the shipping industry. Hamish Norton, President of Star Bulk Carriers, joined us along with co-CFOs, Christos Begleris and Simos Spyrou, and Head of Research Constantinos Simantiras. ...

The world is shifting, driving inefficiencies in global trade of bulk commodities that benefit maritime shipping. Genco's strengthening balance sheet reduces its exposure to raising rates. Genco is increasing dividends with the stock yielding over 17% at the moment. For furt...

Two new Breakout Stocks for Week 26 with better than 10% short-term upside potential and a Dow 30 Pick. Average cumulative returns now up to +88.1% YTD. High frequency breakouts continue despite Negative Momentum Gauge® signals with peak gains in 2 of 4 picks above 10%: ABUS +13....

Spot market rates for liquefied natural gas tankers set new records for the year this week as traders bid up available vessels to meet rising global demand, Reuters reported on Monday. Spot rates for transporting 160k cm of LNG in the Atlantic Basin reached $100K/day and $85K/for Asia, or the...

June 10%+ Yield data was all sourced from YCharts. Unsustainable-dividends above 21% were discarded; others were deleted for infrequent-dividends. Not all paid consistent annual-dividends. Variable dividends were rampant. Analyst top-ten net-gain estimates from these 72 bargain-baseme...

Shipping stocks led by ZIM Integrated Shipping (NYSE:ZIM) sank in Wednesday's trading as J.P. Morgan analysts said they anticipate a slowdown in freight traffic will hurt the sector and singled out the company as a stock that will underperform, according to Bloomberg. While ZIM closed -1...

Since topping out at 3,369 two weeks ago, the Baltic Exchange Dry Index (BDI) -- which tracks the prices that ocean transporters can get for carrying cargoes of coal, iron, grain, and other dry bulk commodities -- has tumbled 25% in just 16 days. As of today, the index sits at just 2,514. ...

The stock prices of Golden Ocean and Star Bulk have reached my previous targets. Now, I have new targets for the stocks. Comparing the asset turnover, expense ratio, gross margin, and adjusted EBITDA return on assets of SBLK and GOGL shows that Star Bulk is doing more efficiently. ...