And Diana Shipping (DSX) has made a similar move into containerships. Its spinoff plans are more solid than DryShips', however. Diana will float stock in the container business next week, on Jan. 18.
Meanwhile, Excel Maritime (EXM) continues to strive to pay down a heavy load after leveraging itself to buy a dry-bulk fleet in 2008. And Genco Shipping & Trading (GNK), which itself made a big fleet-building acquisition back in June, has the most exposure to spot rates among its peers.
With all that in mind, which dry bulk stock do you think will outperform the sector over the course of 2011? Take our poll below to see what TheStreet predicts....
-- Written by Scott Eden in New York>To contact the writer of this article, click here: Scott Eden. >To follow the writer on Twitter, go to http://twitter.com/ScottEden. >To submit a news tip, send an email to: firstname.lastname@example.org.
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