A day after
led the shipping sector in losses on news of a fourth-quarter loss, shares of the company were on the mend.
Shares of DryShips, which Wednesday
as low as $4.53 after the company announced a $1.02 billion quarterly loss due in large part to one-time charges, were recently climbing 9.1% to $5.18.
Things were generally on the up and up for the rest of the shipping sector, as well:
Genco Shipping was up 3.7% to $13.87.
Diana Shipping was up 1.7% to $12.60.
Eagle Bulk was up 0.5% to $4.39.
Horizon Lines ( HRZ) was rising 4.1% to $3.79.
Excel Maritime was rising 8.5% to $4.85.
Star Bulk was up 8% to $2.43.
Teekay Corp. was up 0.3% to $15.91.
Tidewater rose 0.9% to $38.98.
Kirby rose 5.5% to $27.86.
Apparently not invited to the party,
, was off 3.8% to $19.33, and Seacor Holdings was down 0.1% to $60.76.