Jackalope

Genco Shipping's New Bulk Carrier Leased at a Whopping Rate

I don't think you understand, Cartledge is calling you an amateur, not the owners of the stock. The shipping contract with Cargill was signed several months ago at much higher rates. Genco is just now delivering the newly built ship to Cargill at the previously agreed rate.

I suggest doing a little more homework before you post to Seeking Alpha