When John Wobensmith pulls a card out of his jacket pocket these days, it says Baltic Trading.

Likewise, when Wobensmith appeared as keynote speaker for the annual cargo conference of the Association of Ship Brokers and Agents (ASBA) last week, he did it as chief financial officer of Baltic Trading.

This is all well and good, of course, except that Wobensmith is also chief financial officer of Genco Shipping & Trading — Baltic’s parent, vessel manager and significant shareholder.

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