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DryShips Inc is a dry bulk shipping company based in Athens, Greece. It is a Marshall Islands corporation, formed in 2004. On October 11, 2019, it was taken private by CEO and Chairman George Economou. As of February 2019, the company is a diversified owner and operator of ocean going cargo vessels that operate worldwide.
Baltic Dry Index 1985 - 2022. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Foremost Group is a privately held American shipping company, headquartered in New York City. It operates globally, chartering vessels to companies in the dry bulk shipping industry. Its clients include Bunge (St. Louis, MO), Cargill (Minnetonka, MN), Dreyfus (Rotterdam), MOL (Tokyo) and NYK Line (Tokyo).
Many dry-shipping stocks trade at market price levels far below the accounting values placed on their books or book value. These huge market value discounts could prove to spell big returns. Let's ...
Plagued by overcapacity, dry shipping rates for things such as iron ore, grains, and coal have taken quite a beating the last few years. Stock prices of many shipping companies have likewise ...
Diana Shipping was the last among the major public dry shipping companies to report third-quarter results. While the other dry shipping companies such as Safe Bulkers and Navios Maritime Partners ...
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On Oct. 21, many dry shipping stocks had their worst stock price performance in weeks. Genco Shipping & Trading plunged 12.8%, DryShips fell 10.07%, and Eagle Bulk Shipping dropped 8.04%, all amid ...