Diana Shipping

Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.

Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.

Dry bulk shipping rates are now double to triple five-year averages. Stock prices of dry bulk owners are on the ascent.

Dry bulk carriers outperformed the S&P 500 by a significant margin today, with Star Bulk Carriers, the largest publicly traded fleet in the segment, gaining 5.1% on the day.