cos1000

Will All Shipping Companies Suffer Equally?

vatexes645

Good point. FRO only has 8 vessels out of their 76 that are capable of transporting ore, O/B/O types, 10.5% of their fleet. SFL has 8 of their vessels being O/B/O types and only 1 dedicated Dry Bulk vessel, of their 58 vessel fleet or the potential for 15.5% of their business effected by dry bulk rates. Using the happenings of the BDI, BPI, or BCI to explain the quarterly results of these companies is only as effective as the percentage of their business participating in this type of transport IMHO. Reporting on the effect of the oil transport industry for both of these companies would seem to be more meaningful, with dry bulk sprinkled in as a punctuation mark of the economic downturn for this sector in general..

Shipping is Shaping Up - Cramer's Lightning Round (5/27/08)

nyka....oops be is bee

Shipping is Shaping Up - Cramer's Lightning Round (5/27/08)

nyka.....wow this is and investment site, not grammar school or a spelling be, grow up alot, please.

gebby...I bought ldk at $34.50, was sold out of it at $41, and am now kicking myself for what I thought was a good trade when I saw it go to $46. Cramer is only now talking about it. I like it as a "green" play but am a little concerned about its Cayman Island Incorporation, as a China based company. I'm sure my fear is based mainly in my ignorance of this company's real potential, and fear of all things China. I agree that fslr has been over hyped, but it is a US company, under more transparency with the SEC. In the current climate for all things "Green" , it may still play, you just have to watch your entry points and watch out for the price of oil.