Genco Shipping & Trading expects iron ore growth to propel capesize earnings higher, while the company views supramaxes and ultramaxes as providing a similar recovery story.
President and chief executive John Wobensmith points to the additional output that is starting to flow from Vale's S11D mine in Brazil. Plus, the miner's Samarco joint venture with BHP Billiton is expected to come back online next year after an accident halted production in November 2015.
