Breadnight

Two Water Transport Plays - Besides DryShips

If you're going to make a move in shipping I believe it would be more beneficial to stick with the dry bulk companies as opposed to container.

The dry bulk market will stay strong due to increased iron ore and coal production/demand. The container ind is more prone to the global slowdown.

I recommend listening to some of these conference calls prior to investing in this industry. It is more complicated than most.

There will be a big increase in world wide dry bulk vessels in the coming years. Depending on how many of the shipyards stay in business (due to higher steel costs), and how many of the older vessels need to be retired, the dry bulk indexes could come down dramatically.

There is also potential for a lot of consolidation in this sector. Once the dry bulk stocks begin to move, I say go with DRYS. Their earnings are impressive compared to their peers. DRYS is better known, and has a higher beta. Therefore, I think it will have more momentum and will work better as a trade.

Lots of research necessary here. Good luck.