DryShips, Baltic Trading, Safe Bulkers, Navios Maritime Holdings, Freeseas and Knightsbridge all clocked significant gains in the US to follow a trend started by Golden Ocean and its dry cargo peers on the Oslo Bors on Tuesday.
Pacific Basin Shipping led the rally in Asia, spurred by the improving market and an upgrade from Barclays Capital. China Cosco Holdings also gained ground in Hong Kong.
