Staying Afloat: A Primer on the Shipping Industry [View article]
Thanks to all who have attempted a positive input into the drybulk shipping sector. You all were very informative. To those few who were critical of your comments yet added nothing to the effort You all simply missed a good chance to shut up. I have followed the "dry bulk" and "container" shipping sectors for some time now. I have weighed the pros and cons between "spot" market rates and time charter rates and their relation or nonrelation to the Baltic dry index. And those companies with modern fleets as opposed to "used" and on and on ad finitem. Their is one shipping company that meets or almost meets the various criteria set out by you all for a long term buy and hold at this time. That company would be the container ship fleet od Sea Span (SSW)
Both Dac and ssw are "finished goods" shippers as are other containerships. both operate under long term charter(10-12yrs) agreements. So the bdi has very little to do with their gross income
On Sep 11 12:13 AM bsharvy wrote:
> I'm more interested in finished-goods shippers, but I can't find > much info. Any help?
Nordic American Tanker's Nice Dividend Boost [View article]
Nat should pop 0n 5-9-08. Cramer went bananas over it on 5-8-08 and $1.18 dividend per sh. is nothing to sneeze at. I'll watch it for a few days and make sure I can pick up the may div.
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Latest | Highest ratedStaying Afloat: A Primer on the Shipping Industry [View article]
Dryshippers: A Buy or a Sell? [View article]
On Sep 11 12:13 AM bsharvy wrote:
> I'm more interested in finished-goods shippers, but I can't find
> much info. Any help?
Nordic American Tanker's Nice Dividend Boost [View article]