Large Vessel Purchase by Shipping Magnate Bodes Well for Segment (DRYS) (EGLE)

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Dry Bulkers Rise on Expectations for Robust Gains in FY13 (DRYS) (EGLE) (EXM)

January 4, 2013 10:49 AM EST

Dry bulk shippers are trading strong today on a strong outlook for shipping rates in 2013.

The Bloomberg Industries (BI) GL Dry Bulk Shipping Valuation Peers Public Index is up over 7 percent on the session to 110.38. GL DBSVPPI is an equal-weight index. BI said that expectations call for a 17... More