Looks like we are in for a nice run here. Everyday i check the BDI and the whole index is up. Especially the capesize index. Judging from the divi's i see from Genco and PRGN although i dont own GNK i do have some PRGN. I think we may be in for a good suprise with GO. Every day FRO is going up nicely. Its contrary to all the reports i have read that said shipping supply was going to outstrip demand this year i think after the accident in Korea all the producers want double hulled tonnage. Add to the the conversion of single hulled tankers into bulk carriers and that must explain it along with the geo political influences that seem to be driving the price of oil up every day.
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