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Dry bulk shipping stocks showed strong gains, led by Genco (GNK +12.3%) and DryShips (DRYS...

Dry bulk shipping stocks showed strong gains, led by Genco (GNK +12.3%) and DryShips (DRYS +8.7%) as capesize shipping rates have doubled to $7,569/day since Friday. The Baltic Dry Index is up 15% since Friday following recent developments in Europe; many dry bulk shippers are based out of Greece.
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