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Shipping News: Gloomy Monday

Dry bulk shipping stocks follow the broader market down, with virtually all widely held names trading in the red.

Dry bulk shipping stocks followed the broader market down Monday, with virtually all widely held names trading in the red.

DryShips

(DRYS)

, leading its peers in trading volume, was recently down 5% to $4.99. Next in volume was

Excel Maritime

(EXM)

, which was losing 5.7% to $5.83.

Diana Shipping

(DSX)

was down 2.8% to $13.06.

Eagle Bulk

(EGLE)

was down 3.5% to $4.48.

Genco

(GNK)

was down 5.4% to $13.52.