It was not the best way for US-listed shipping stocks to roll into third-quarter earnings season, and more clouds hovering over the dry bulk market played a big part.
The 29 New York-listed shipping stocks under coverage of investment bank Jefferies fell an average 2.3% last week at a time when the broader S&P 500 index gained 1.3% and the small-cap Russell 2000 index edged up 0.3%.
