Genco Shipping & Trading plans to put most of its bulker fleet into the Atlantic basin in the next two months as it forecasts robust iron ore demand from China.
The New York-listed owner had most of its fleet in the Indian and Pacific oceans off and around Africa, China and Australia as of Thursday, according to VesselsValue.
It had 12 ships in the Atlantic basin but plans to send "a major piece" of its sub-capesize fleet there in early to mid-April.
