EdgeWater 1/17/2011 11:48:09 PM
News / Business

Shipping (DRYS, FRO, EGLE, GMR)

Shipping

DryShips Inc. (NASDAQ:DRYS) slid 0.73% to $5.41. The stock has a 52-week range of $3.28-$6.82.

The stock has average daily volume of 20.70 million shares. At Friday`s closing market price, the market capitalization of the company stands at $1.60 billion.

Frontline Ltd. (USA) (NYSE:FRO) fell 0.34% to $26.12. Frontline Ltd. is a shipping company.

The stock opened at $26.36 and was trading within the range of $25.81-$26.40.

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) went down 0.81% to $4.91. The stock has a 52-week range of $3.91-$6.08. The stock has average daily volume of 1.42 million shares. At Friday`s closing market price, the market capitalization of the company stands at $305.85 million.

Eagle Bulk Shipping Inc. is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.

General Maritime Corporation (NYSE:GMR) lost 1.49% to $3.30. The stock opened at $3.34 and was trading within the range of $3.28-$3.37.

General Maritime Corporation is a provider of international seaborne crude oil transportation services.

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