Why Safe Bulkers and Golden Ocean Group Stocks Are Up, but Castor Maritime and Diana Shipping Are Down

What happened There’s more good news for investors in the dry bulk shipping industry today, but it isn’t being shared equally across the industry. By 3 p.m. EST on Tuesday, shares of Monaco-based Safe Bulkers (NYSE: SB) and Bermuda’s Golden Ocean Group (NASDAQ:GOGL) were enjoying strong gains, up 7.3% and 16.1%, respectively. In contrast, Greece’s …

The post Why Safe Bulkers and Golden Ocean Group Stocks Are Up, but Castor Maritime and Diana Shipping Are Down first appeared on Hellenic Shipping News Worldwide.

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