phubaiguy

Dry Bulk Shipping Stocks Break Out

Obviously dry bulk shipping is going up and for those who think ships that used to fetch a quarter million a day can cut costs enough for half the fleet to just sit idle in the harbor...sign on for the trip. Red sky in the morning better take warning mates because I don't think this can happen. I think you better get ready to jump when somebody pulls the rug out from under you. If any ship why not tankers? They're getting $75k a day to sit out there full of oil.