SOURCE: StockCall

StockCall

December 13, 2010 08:10 ET

Research on DryShips Inc. and Genco Shipping & Trading Ltd. - Dry Bulk Shipping Beginning to Improve

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 13, 2010) - www.stockcall.com/ offers investors comprehensive research on the shipping industry and has completed analytical research on DryShips Inc. (NASDAQ: DRYS) and Genco Shipping & Trading Ltd. (NYSE: GNK). Register with us today at www.stockcall.com/ to have free access to these researches. 

The dry bulk shipping industry is starting to show signs of life again. The recession was exceptionally hard on the industry and left many companies heavily burdened with debt. Sharp, sustained drops in demand were the primary reasons for the industry's undoing. Many companies throughout the industry were forced to sell more shares to generate capital, diluting the value of existing shares. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the shipping industry can have easy and free access to our analyst research and opinions on DryShips Inc. and Genco Shipping & Trading Ltd.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

The dry bulk-shipping index rose again this week along with trading volume, possibly indicating greater investor confidence as well as a recovery for the industry as a whole. It is also an ideal time for less debt-burdened companies to expand their fleets by acquiring smaller underpriced companies. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the shipping industry.

Overall, despite the uptick in the shipping index, a still sputtering global economy continues to slow the return of demand for shipping services. Some within the industry like DryShips Inc. are using this time to their advantage, raising capital and better positioning themselves for long-term growth when demand improves. Investors can register for free to access the research report on DryShips Inc. at www.stockcall.com/DRYS131210.pdf.

Looking at results from some of the players for the third quarter 2010, DryShips Inc. posted profits of $49.3 million on revenue of $225.5 million beating Wall Street estimates. Profits came in as a result of higher rates on the company's long-term contracts. Another dry cargo transporter that released results ahead of analyst was Genco Shipping & Trading Ltd. The company posted a surge in profit to $36.2 million on revenue of $117.6 million that it is a rise of 27% as compared to the same quarter of 2009. Investors can register for free to access the research report on Genco Shipping & Trading Ltd. at www.stockcall.com/GNK131210.pdf.

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