Over the past month, drybulk shippers have watched the Baltic Dry Index fall from just under 1700 to just about 1100, as ship supply still far outweighs global demand.
Turnaround Letter Editor George Putnam features Genco in his July newsletter as one of several drybulk shippers whose stocks look attractively valued and could see sharp gains in share price if the economic growth accelerates or at least maintains its current pace.