Being like NAT: is that a good thing?

If Genco Shipping & Trading manages to become a dry bulk version of Nordic American Tankers (NAT), would that be a good thing?

On the plus side, the Herbjorn Hansson-led company is proud of its 94 consecutive shareholder dividends. It has survived the worst tanker markets, and even today trades at a sector-best 142% of net asset value.

On the downside, NAT has had its financial struggles.