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Low demand for coal in China will cut into demand for shipping, according to analysts. It's not...

Low demand for coal in China will cut into demand for shipping, according to analysts. It's not the news that was needed to be heard in an industry already suffering from a significant oversupply of vessels. On watch: DRYS, PRGN, DSX.
Comments (3)
  • J Mintzmyer
    , contributor
    Comments (4237) | Send Message
     
    Ouch! Yeah, definitely not the time for more bad news. Watch out EXM!
    10 Jul 2012, 06:51 AM Reply Like
  • alpha228
    , contributor
    Comments (2) | Send Message
     
    DRYS will do just fine, backed up by ORIG with 2.9 Billion backlog...JMHO
    10 Jul 2012, 08:34 AM Reply Like
  • J Mintzmyer
    , contributor
    Comments (4237) | Send Message
     
    They will need ORIG stock to remain high for a source of future liquidity. DRYS has one huge problem: remaining capex.
    10 Jul 2012, 03:43 PM Reply Like
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