Genco Shipping & Trading NYSE: GNK said it is benefiting from a strong dry bulk shipping market, supported by low fleet growth, longer-haul commodity routes and rising demand for Capesize vessels used to transport iron ore, coal and bauxite. At Sidoti's Virtual Small-Cap Conference, CFO Peter Allen said the company operates a fleet of 44 dry bulk vessels with an estimated current asset value exceeding $1.5 billion. The fleet includes 20 Capesize and Newcastlemax vessels, which are primarily tied to iron ore ...