I was about to make the very same points as Messrs. Peterson and Benari, but they beat me to it. Besides all of the differences between tankers on the one hand and dry bulk carriers on the other (and container ships on the third) there is also the difference between business models (EGLE is based on charters up to 3 years, whereas FRO is largely spot). In all candor the analysis ranges between not very useful and plain wrong. Elliot Miller
Are Shipping Stocks Sinking? [View article]
Elliot Miller