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Shipping ETF Takes on Water

|Includes: GMRRQ, KOL, Guggenheim Shipping ETF (SEA), SLX, SSW, TNK

Idle ships are sinking the Claymore/Delta Global Shipping ETF (NYSEARCA:SEA), a fund that tracks companies within the global maritime shipping industry. 

While demand for some types of vessels remains strong, the companies which comprise SEA's portfolio own and contract a broad range of ships, making the fund…READ MORE 

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Disclosure: KOL