Scorpio Bulkers led a rally in US-listed dry-bulk shipping shares Tuesday as analysts greeted the New Year with a more optimistic outlook for the sector.
The Emanuele Lauro-led bulker owner rocketed 15.8% to close at $5.85 on the first trading day of the year for US markets.
That came after Deutsche Bank analyst Mehrotra upgraded the stock to "buy" from "hold" and outlined an increasingly positive view of the dry-bulk sector.
Bottom
