Bulk

Genco Shipping hopes China will kickstart dry cargo market

The US dry cargo carrier took a big dip in the last quarter, but a low order book for new vessels and China as a growth engine create good prospects for the market, Genco explains in its Q2 report.
Photo: Pr / Genco Shipping
Photo: Pr / Genco Shipping
by DANIEL LOGAN BERG-MUNCH

Genco Shipping & Trading becomes the latest dry cargo carrier to report a major decline in the second quarter of the year.

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