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Genco's Wobensmith Interview on Shipping Rates
May 3 (Bloomberg) -- John Wobensmith, chief financial officer of Genco Shipping and Trading Ltd., talks with Bloomberg's Pimm Fox about shipping demand and rates, and Baltic Trading Ltd., a newly listed shipping company controlled by Genco. Batlic Trading, a New York-based carrier of commodities such as iron ore and coal will put all its vessels in the spot market, a strategy opposite to that of Genco, and will maintain zero debt, Wobensmith said. (Source: Bloomberg)
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