• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    REMINDER - Leading Dry Bulk & Container Shipping Companies Participating at Capital Link's 18th Annual International Shipping Forum Monday, March 11, 2024 in New York City

    3/6/24 9:00:00 AM ET
    $EDRY
    $ESEA
    $EURN
    $GNK
    Marine Transportation
    Consumer Discretionary
    Marine Transportation
    Consumer Discretionary
    Get the next $EDRY alert in real time by email

    Attendance is complimentary to investors & qualified attendees.

    1x1 Meetings Available Upon Request.

    NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading publicly listed Dry Bulk & Containers shipping companies will participate on panels at Capital Link's 18th Annual International Shipping Forum on Monday, March 11, 2024 at the Metropolitan Club in New York City.

    Featuring senior executives from shipping and maritime companies, the event is organized in partnership with Citi, and in cooperation with Nasdaq & NYSE, and is known for its large attendance by investors, shipowners and financiers.

    The Forum features a series of panel discussions as well as 1x1 meetings between investors and executives from shipping companies.

    LUNCHEON KEYNOTE SPEAKER

    Mr. Alexander Saverys, CEO of Compagnie Maritime Belge and Euronav NV (NYSE:EURN)

    REGISTRATION

    Registration is complimentary for institutional investors and shipping companies. Please register here:

    https://forums.capitallink.com/shipping/2024newyork/agenda.html

    1x1 MEETINGS FOR INSTITUTIONAL INVESTORS

    1x1 meetings between shipping companies and institutional investors only. Please send all requests to [email protected]

    SHIPPING SECTOR PANELS

    The panels will discuss the latest trends, developments and outlook in the specific shipping sector focusing, among other, on demand and supply fundamentals, the global energy markets, operational and commercial issues, freight rates, asset values, and more.

    CONTAINER SHIPPING SECTOR PANEL

    11:45 – 12:25 pm

    Moderator: Mr. Christian Wetherbee, Managing Director Transportation & Shipping Research – Citi Research

    Panelists:

    • Dr. Anastasios Aslidis, CFO – Euroseas Ltd. (NASDAQ:ESEA) & EuroDry Ltd. (NASDAQ:EDRY)
    • Mr. Ted C. Petrone, Vice Chairman – Navios Maritime Partners L.P. (NYSE:NMM)
    • Mr. Cao Deambrosio, Managing Partner & Co-Founder – Seamax Capital Management
    • Mr. John Butler, President & CEO – World Shipping Council

    DRY BULK SHIPPING SECTOR PANEL

    2:40 - 3:30 pm

    Moderator: Mr. James Frew, Business Advisory Director – Lloyd's Register

    Panelists:

    • Mr. John Wobensmith, CEO & Director - Genco Shipping & Trading Ltd. (NYSE:GNK)
    • Mr. Lars-Christian Svensen, CEO – Golden Ocean Group Ltd. (NASDAQ:GOGL)
    • Mr. Steve Kunzer, CEO – Lila Global
    • Mr. Ted C. Petrone, Vice Chairman – Navios Maritime Partners L.P.
    • Mr. Stamatis Tsantanis – Chairman & CEO - Seanergy Maritime Holdings Corp. (NASDAQ:SHIP); Founder, Chairman & CEO - United Maritime Corporation (NASDAQ:USEA)
    • Mr. Hamish Norton, President - Star Bulk Carriers Corp. (NASDAQ:SBLK)

    FORUM OVERVIEW AND STRUCTURE

    Held in New York City every year, the Annual International Shipping Forum is known for its large attendance by investors, shipowners and financiers. It is a meeting place for C-level Executives from the maritime industry and the finance and investment communities involved with shipping.

    The Forum will examine the macroeconomic issues that are shaping and transforming the international shipping markets today, featuring a comprehensive review and outlook of the various shipping markets, made more relevant by the release of companies' annual results. Discussions will include topics of critical relevance to the industry geopolitics, energy security, sanctions, access to capital, regulation, technology, innovation and more.

    The conference will feature senior executives from leading maritime companies, financiers and industry participants who will discuss trends, development and the outlook of the various shipping market segments and will also cover topics of critical interest to the shipping industry.

    The Forum features a series of panel discussions as well as 1x1 meetings between investors and executives from shipping companies.

    This one-day conference is known for its rich informational content and the extensive marketing, networking and business development opportunities.

    LUNCHEON KEYNOTE SPEAKERS

    • Mr. Alexander Saverys, CEO of Compagnie Maritime Belge and Euronav NV

    PRESENTATIONS AND PANEL DISCUSSIONS

    SHIPPING SECTOR PANELS:

    • DRY BULK
    • CONTAINERS
    • GAS LNG / LPG
    • PRODUCT TANKERS
    • CRUDE OIL TANKERS
    • ANALYST PANEL

    INDUSTRY PANELS & PRESENTATION

    • NAVIGATING THE GREEN DRIVE – WHAT'S NEXT FOR SHIPPING
    • THE EVOLVING LANDSCAPE OF SHIP FINANCE
    • OPTIMIZING CORPORATE STRATEGY & CAPITAL SOURCING
    • OPTIMIZING VESSEL INVESTMENT DECISIONS & THE BALTIC EXCHANGE INVESTOR INDICES

    1X1 SESSIONS: 

    • 1X1 DISCUSSION – SHIPPING, GEOPOLITICS & ENERGY TRANSITION with MSC's Bud Darr 
    • SPOTLIGHT ON CAPITAL PRODUCT PARTNERS – 1x1 DISCUSSION: Building An Industry Bellwether Energy Transition Shipping Company with CPLP's Jerry Kalogiratos
    • 1x1 LEADERSHIP INSIGHTS DISCUSSION with Scorpio Tankers President Mr. Robert Bugbee

    1x1 Meetings

    1x1 meetings will be scheduled between institutional investors and senior executives of shipping companies in parallel to the Forum.

    • Ardmore Shipping Corp.
    • Avance Gas Holding Ltd.
    • Capital Product Partners L.P.
    • DHT Holdings, Inc.
    • Dorian LPG Ltd.
    • EuroDry Ltd.
    • Euroseas Ltd.
    • Euronav NV
    • Flex LNG Ltd.
    • Frontline plc
    • Genco Shipping & Trading Ltd.
    • Golden Ocean Group Ltd.
    • International Seaways, Inc.
    • Navigator Gas
    • Navios Maritime Partners L.P.
    • Pyxis Tankers Inc.
    • Safe Bulkers, Inc.
    • Scorpio Tankers Inc.
    • Seanergy Maritime Holdings Corp.
    • Star Bulk Carriers Corp.
    • TEN Ltd.
    • United Maritime Corporation

    REGISTRATION

    Registration is complimentary for institutional investors and shipping companies. Please register here:

    https://forums.capitallink.com/shipping/2024newyork/agenda.html

    1x1 MEETINGS FOR INSTITUTIONAL INVESTORS

    1x1 meetings between shipping companies and institutional investors only. Please send all requests to [email protected]

    TARGET AUDIENCE

    The audience will include the senior executives of global shipping, energy and commodity companies listed on US exchanges, commercial and investment bankers, institutional investors and financial advisors as well as a broader spectrum of industry participants such as shipping and liner companies, container leasing companies and operators, ship managers, ship brokers, ship agents, ship charterers, port terminal operators, port security, naval architects and engineers, classification societies, marine insurers and underwriters, marine arbitrators, maritime lawyers, marine mediators, marine advisors and consultants, maritime technology and marine educators.

    SPONSORS

    ORGANIZED IN PARTNERSHIP WITH: CITI

    IN COOPERATION WITH: New York Stock Exchange (NYSE) • NASDAQ

    GLOBAL LEAD SPONSOR: Tsakos Energy Navigation Ltd.

    GLOBAL GOLD SPONSORS: DNV • EY

    GLOBAL SPONSORS: ABS • DNB • First Citizens Bank • Lloyd's Register • Reed Smith LLP • Seward & Kissel LLP • Watson Farley & Williams

    SPONSORS: The Baltic Exchange • Clarksons Securities • Lila Global • Meerbaum Capital Solutions Inc.• Neptune Maritime Leasing Ltd. • Vedder Price

    SUPPORTING SPONSORS: Ardmore Shipping Corp. • Avance Gas Holdings Ltd. • Capital Product Partners L.P. • Dorian LPG Ltd. • Eurodry Ltd. • Euroseas Ltd. • Flex LNG Ltd. • Flott & Co. • Frontline plc • Genco Shipping & Trading Ltd. • Global Ship Lease, Inc. • Golden Ocean Group Ltd. • International Seaways, Inc. • Navigator Gas • Navios Maritime Partners L.P. • Pyxis Tankers Inc. • Safe Bulkers, Inc. • Scorpio Tankers Inc. • Seanergy Maritime Holdings Corp. • Star Bulk Carriers Corp. • United Maritime Corporation

    SUPPORTING ORGANIZATIONS: BIMCO • IMO International Maritime Law Institute - IMLI • The Maritime Association of New York – New Jersey • NAMMA – North American Maritime Ministry Association • NYMAR – New York Maritime Inc. • SEA LNG • World Shipping Council • WLPGA

    MEDIA PARTNERS: Actualidad Maritima • Athens Macedonian News Agency • All About Shipping • Baird Maritime • Elnavi • The Japan Maritime Daily • Marine Circle • The Maritime Executive • Nafsgreen • Naftika Chronika • Robban Assafina • Ship Management International • World Oils • Xinde Marine News

    FOR MORE INFORMATION

    Please visit: https://forums.capitallink.com/shipping/2024newyork/index.html

    Or, contact Nicolas Bornozis or Anny Zhu at [email protected] | + 1 212 661 7566

    ORGANIZER – CAPITAL LINK, INC.

    Founded in 1995, Capital Link is a New York based investor relations, financial communications and advisory firm with a strategic focus on the maritime, commodities and energy sectors, MLPs, as well as Closed-End Funds and ETFs. In addition, Capital Link organizes a series of investment conferences a year in key industry centers in the United States, Europe and Asia, all of which are known for combining rich educational and informational content with unique marketing and networking opportunities. Capital Link is a member of the Baltic Exchange. Based in New York City, Capital Link has presence in London, Athens & Oslo.



    Primary Logo

    Get the next $EDRY alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $EDRY
    $ESEA
    $EURN
    $GNK

    CompanyDatePrice TargetRatingAnalyst
    Genco Shipping & Trading Limited
    $GNK
    2/19/2026Buy → Neutral
    Alliance Global Partners
    EuroDry Ltd.
    $EDRY
    2/12/2026$23.50Market Perform → Outperform
    Noble Capital Markets
    EuroDry Ltd.
    $EDRY
    2/7/2025Outperform → Market Perform
    Noble Capital Markets
    Star Bulk Carriers Corp.
    $SBLK
    11/21/2024$19.30 → $20.20Sell → Hold
    DNB Markets
    Star Bulk Carriers Corp.
    $SBLK
    10/23/2024$30.00 → $21.00Buy → Hold
    Stifel
    Genco Shipping & Trading Limited
    $GNK
    10/23/2024$26.00 → $17.00Buy → Hold
    Stifel
    Star Bulk Carriers Corp.
    $SBLK
    10/11/2024Hold → Sell
    DNB Markets
    Euroseas Ltd.
    $ESEA
    9/9/2024$60.00Buy
    Alliance Global Partners
    More analyst ratings

    $EDRY
    $ESEA
    $EURN
    $GNK
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 4 filed by Frangou Angeliki

    4 - Navios Maritime Partners L.P. (0001415921) (Issuer)

    3/26/26 6:40:41 PM ET
    $NMM
    Marine Transportation
    Consumer Discretionary

    SEC Form 4 filed by Frangou Angeliki

    4 - Navios Maritime Partners L.P. (0001415921) (Issuer)

    3/23/26 6:03:46 PM ET
    $NMM
    Marine Transportation
    Consumer Discretionary

    SEC Form 4 filed by Haines Kathleen C

    4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)

    3/20/26 9:00:40 PM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    $EDRY
    $ESEA
    $EURN
    $GNK
    SEC Filings

    View All

    SEC Form DEFA14A filed by Genco Shipping & Trading Limited

    DEFA14A - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)

    3/30/26 5:32:51 PM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    Genco Shipping & Trading Limited filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    8-K - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)

    3/27/26 5:00:15 PM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    Amendment: SEC Form SCHEDULE 13D/A filed by Genco Shipping & Trading Limited

    SCHEDULE 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)

    3/23/26 4:18:40 PM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    $EDRY
    $ESEA
    $EURN
    $GNK
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Genco Shipping & Trading downgraded by Alliance Global Partners

    Alliance Global Partners downgraded Genco Shipping & Trading from Buy to Neutral

    2/19/26 7:39:00 AM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    EuroDry upgraded by Noble Capital Markets with a new price target

    Noble Capital Markets upgraded EuroDry from Market Perform to Outperform and set a new price target of $23.50

    2/12/26 9:28:12 AM ET
    $EDRY
    Marine Transportation
    Consumer Discretionary

    EuroDry downgraded by Noble Capital Markets

    Noble Capital Markets downgraded EuroDry from Outperform to Market Perform

    2/7/25 9:05:47 AM ET
    $EDRY
    Marine Transportation
    Consumer Discretionary

    $EDRY
    $ESEA
    $EURN
    $GNK
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Genco Shipping & Trading Sends Letter to Shareholders

    Comprehensive Value Strategy Delivering Strong Results and Returns for Shareholders Diana Shipping's Proposal Substantially Undervalues Genco and Fails to Provide Appropriate Premium to Shareholders for Control of the Company Replacing the Board with Diana Shipping's Nominees Puts Shareholders' Investment and Value at Risk Genco Shareholders Do Not Need to Take Any Action at This Time NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today sent a letter to Genco shareholders highlighting the steps the Board and leadersh

    3/30/26 8:30:00 AM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    Genco Shipping & Trading Limited Announces Delivery of Second High Specification Newcastlemax Vessel This Year

    NEW YORK, March 24, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Valkyrie, the second of two 2020-built 208,000 dwt scrubber-fitted Newcastlemax vessels that Genco agreed to acquire in November 2025. John C. Wobensmith, Chairman and Chief Executive Officer, commented, "We are pleased to complete the delivery of our second high-specification Newcastlemax vessel this year, during a period of continued strength in the drybulk market. Consistent with our first delivery earlier this mont

    3/24/26 8:30:00 AM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    Genco Shipping & Trading Issues Statement

    NEW YORK, March 20, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement: Genco's Board of Directors is committed to maximizing shareholder value. Diana's indicative proposal does not meet this standard and is not in the best interests of Genco shareholders. The proposal is well below Genco's intrinsic value and NAV and fails to provide a premium for control of Genco. Genco's Board remains open to engaging with Diana upon receipt of an offer that appropriately reflects Genco's intrinsic value and upside pote

    3/20/26 1:34:08 PM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    $EDRY
    $ESEA
    $EURN
    $GNK
    Leadership Updates

    Live Leadership Updates

    View All

    Genco Shipping & Trading Announces Appointment of John C. Wobensmith as Chairman and Kathleen C. Haines as Lead Independent Director

    NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that James G. Dolphin has retired from the Board. The decision is not the result of any disagreement on Genco's strategy, operations, policies or practices. Genco also announced that as part of its ongoing succession planning process, the Board has appointed Chief Executive Officer John C. Wobensmith to the additional role of Chairman of the Board and Kathleen C. Haines as Lead Independent Director to support the Board's continued independent oversight. Jame

    8/28/25 4:15:02 PM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    CMB.TECH's update on the Golden Ocean merger process

    Antwerp, Aug. 11, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH") provides an additional market update on the progress of the contemplated stock-for-stock merger between CMB.TECH and Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean"). The transaction is structured as a stock-for-stock merger, with Golden Ocean merging with and into CMB.TECH Bermuda Ltd. ("CMB.TECH Bermuda"), a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company (the "Merger"). In the framework of the Merger, all outstanding common shares of Golden Ocean[1] will ultimately be exchanged for newly issued CMB.TECH ordina

    8/11/25 3:26:00 AM ET
    $CMBT
    $GOGL
    Marine Transportation
    Consumer Discretionary

    GOGL - Update on the CMB.TECH Merger Process

    HAMILTON, Bermuda, 11 August, 2025 – Golden Ocean Group Limited (NASDAQ:GOGL, Euronext Oslo Børs: GOGL)) ("Golden Ocean") provides an additional market update on the progress of the contemplated stock-for-stock merger between Golden Ocean and CMB.TECH NV (NYSE:CMBT, Euronext Brussels: CMBT)) ("CMB.TECH"). The transaction is structured as a stock-for-stock merger, with Golden Ocean merging with and into CMB.TECH Bermuda Ltd. ("CMB.TECH Bermuda"), a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company (the "Merger"). In the framework of the Merger, all outstanding common shares of Golden Ocean will ultimately be exchanged for newly issued CMB.TECH ordinary share

    8/11/25 2:30:00 AM ET
    $CMBT
    $GOGL
    Marine Transportation
    Consumer Discretionary

    $EDRY
    $ESEA
    $EURN
    $GNK
    Financials

    Live finance-specific insights

    View All

    Genco Shipping & Trading Sends Letter to Shareholders

    Comprehensive Value Strategy Delivering Strong Results and Returns for Shareholders Diana Shipping's Proposal Substantially Undervalues Genco and Fails to Provide Appropriate Premium to Shareholders for Control of the Company Replacing the Board with Diana Shipping's Nominees Puts Shareholders' Investment and Value at Risk Genco Shareholders Do Not Need to Take Any Action at This Time NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today sent a letter to Genco shareholders highlighting the steps the Board and leadersh

    3/30/26 8:30:00 AM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    Genco Shipping & Trading Rejects Revised, Non-Binding Indicative Proposal from Diana Shipping Inc.

    Proposal Substantially Undervalues Genco, Fails to Provide an Appropriate Premium and Presents Execution Risks "Fire Sale" of 16 Genco Vessels to a Competitor Highlights Diana's Undervalued Proposal Board Remains Open to Engaging with Diana on an Offer That Recognizes Genco's Full Value for All Shareholders NEW YORK, March 19, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that its Board of Directors unanimously rejected Diana Shipping Inc.'s revised, non-binding indicative proposal to acquire all of the outstanding shar

    3/19/26 8:00:00 AM ET
    $GNK
    Marine Transportation
    Consumer Discretionary

    United Maritime Reports Fourth Quarter and Full-Year 2025 Financial Results

    Delivers 13th Consecutive Quarterly Dividend; Expands Capesize Exposure and Reallocates Capital to Strengthen Earnings and Free Cash Flow Highlights     (in million USD, except LPS) Q4 2025Q4 202412M 202512M 2024Net Revenues $6.6$10.8$37.8$45.4Net Loss ($3.8)($1.8)($6.2)($3.4)Adjusted Net Loss1 ($1.5)($0.7)($4.1)($1.2)EBITDA1 ($0.7)$4.0$10.8$18.1Adjusted EBITDA1 $1.5$5.1$12.9$20.3      Loss per share Basic & Diluted ($0.42)($0.21)($0.70)($0.39)Adjusted loss per share Basic1 & Diluted1 ($0.17)($0.09)($0.46)($0.14)       __________________1 Adjusted earnings / (loss) per share, Adjusted Net Income / (loss), EBITDA and Adjusted EBITDA are non-GAAP measures. Please see the reconciliation below

    3/12/26 8:45:00 AM ET
    $USEA
    Marine Transportation
    Consumer Discretionary

    $EDRY
    $ESEA
    $EURN
    $GNK
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by United Maritime Corporation

    SC 13D/A - United Maritime Corp (0001912847) (Subject)

    11/26/24 4:05:48 PM ET
    $USEA
    Marine Transportation
    Consumer Discretionary

    Amendment: SEC Form SC 13D/A filed by Navios Maritime Partners LP

    SC 13D/A - Navios Maritime Partners L.P. (0001415921) (Subject)

    11/20/24 8:50:13 AM ET
    $NMM
    Marine Transportation
    Consumer Discretionary

    Amendment: SEC Form SC 13D/A filed by Seanergy Maritime Holdings Corp.

    SC 13D/A - Seanergy Maritime Holdings Corp. (0001448397) (Subject)

    10/15/24 4:01:18 PM ET
    $SHIP
    Marine Transportation
    Consumer Discretionary