Diana Shipping, Inc.
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Profits in the Shipping Sector: Will the Rising Tide Lift All Boats?
By James Catlin - May 20, 2013 | Tickers: DSX, FRO, NAT
The Baltic Dry Index (BDI) is a composite of the Baltic Capesize, Panamax, Handysize and Supramax indices. It provides a useful snapshot of current pricing for water transportation. Recently, this index has just bounced off a five-year low. These prices are unsustainable as they will eventually bankrupt a significant amount of shippers who are unable to profit at these levels. But this could be a necessary condition for recovery in more »
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Is the Shipping Industry Ready for a Dynamic Comeback? No, It's Not!
By Fani Kelesidou - May 16, 2013 | Tickers: DSX, DRYS, NMM |
Over the past couple of years, the shipping industry has been engulfed in an endless spiral of macroeconomic headwinds and slashed daily rates. Last year, the Baltic Dry Index, the barometer that gauges the cost of shipping dry bulk commodities around the globe, hit rock-bottom levels smashing every glimmer of hope for an industry recovery.
However, Greek ship owners, who more or less hold the reins of the shipping industry more »
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Bargain Hunting in the Shipping Industry
By Jacob Wolinsky - April 13, 2013 | Tickers: DSX, STNG, TK
Investors are not showing any hurry to grab shipping stocks, even as many players in the sector are trading at attractive discounts. Investors’ apathy is understandable, as this cyclical sector is currently undergoing a downtrend.
Industry dynamics mean that these cycles are often very long, running for years. However, there are bright spots within the industry where investors can go long and make profits.
Scorpio Tankers best for now?
Monaco-based more »
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Bargain Hunting in the Shipping Industry
By Jacob Wolinsky - April 13, 2013 | Tickers: DSX, STNG, TK
Investors are not showing any hurry to grab shipping stocks, even as many players in the sector are trading at attractive discounts. Investors’ apathy is understandable, as this cyclical sector is currently undergoing a downtrend.
Industry dynamics mean that these cycles are often very long, running for years. However, there are bright spots within the industry where investors can go long and make profits.
Scorpio Tankers best for now?
Monaco-based more »
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A Silver Lining For The Shipping Industry
By Fani Kelesidou - April 10, 2013 | Tickers: DSX, DRYS, NMM, SBLK
Every cloud has a silver lining. For the gloomy shipping industry, this silver lining could be Navios Maritime Partners (NYSE: NMM), an international owner and operator of dry bulk carriers.
Amidst stormy economic conditions that nearly wiped some of the biggest players in the space off the map, Navios Partners managed not only to stay afloat, but to reward its faithful shareholders with some pretty juicy dividends.
A more »
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A Silver Lining For The Shipping Industry
By Fani Kelesidou - April 9, 2013 | Tickers: DSX, DRYS, NMM, SBLK
Every cloud has a silver lining. For the gloomy shipping industry, this silver lining could be Navios Maritime Partners (NYSE: NMM), an international owner and operator of dry bulk carriers.
Amidst stormy economic conditions that nearly wiped off the map some of the biggest players in the space, Navios Partners managed not only to stay on float, but to reward its faithful shareholders with pretty juicy dividends.
A more »
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Bargain Hunting in the Shipping Industry
By Jacob Wolinsky - April 7, 2013 | Tickers: DSX, STNG, TK
Investors are not showing any hurry to grab shipping stocks, even as many players in the sector are trading at attractive discounts. Investors’ apathy is understandable, as this cyclical sector is currently undergoing a downtrend.
Industry dynamics mean that these cycles are often very long, running for years. However, there are bright spots within the industry where investors can go long and make profits.
Scorpio Tankers best for now?
Monaco-based more »
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Return of the Shipping Sector?
By Shas Dey - April 2, 2013 | Tickers: DSX, DRYS, NMM
The shipping sector had a strong pre-recession period with a number of Wall Street players wanting to invest in maritime industries. Many shipping companies went public and investors flocked to take advantage of the initial offerings. Come the recession, and the interest in these companies almost dried up. A confluence of shipping supply gluts and the economic slowdown led to an avalanche in stock prices (see below price chart). New more »
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Rough Waters Off Greece
By Joseph Porter - March 26, 2013 | Tickers: DCIX, DSX, NMM, RNO
I am always on the lookout for a solid company offering a double-digit dividend yield. While examining some opportunities recently, I compared three shipping companies operating out of Greece: Diana Shipping (NYSE: DSX), Diana Containerships (NASDAQ: DCIX), and Navios Maritime Partners (NYSE: NMM). Each of these companies looks like a good investment - but are they?
The fundamentals:
Navios Maritime Partners
(NMM)
Diana Shipping
(DSX)
Diana Containerships
(DCIX)
Market Cap. 845 more » -
Are Shipping Stocks In Troubled Waters?
By Jacob Wolinsky - March 18, 2013 | Tickers: DB, DSX, MATX, NMM
Almost nothing has gone right for investors in the shipping sector. With international freight rates continuing to trend low, operators are finding it difficult to cover their expenses.As a result, losses are mounting.
The Baltic Dry Index – a widely cited indicator of vessel demand and rates in shipping industry – has averaged 769 since the starting of the year. This is the lowest since at least 1985 and is indicative more »
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Is It Time To Get Back Into Shipping?
By Rupert Hargreaves - March 5, 2013 | Tickers: DSX, DRYS, SFL
For a while now I have wanted to invest in a shipping company to play the global economic recovery. I have done some research on individual shipping firms in the past, but never completed a study of the whole industry to find the most undervalued company with the best prospects.
However, as I have only ever done some research on individual shipping companies, I did not know that the rest more »
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How Safe is This Shipper's Massive Dividend?
By Fani Kelesidou - February 12, 2013 | Tickers: DSX, DRYS, NMM
The shipping industry has been depressed for more than four years, causing investor sentiment to deteriorate. Despite early market indicators of an improvement in the dry bulk sector, 2013 is going to be another tough year for ship owners. Against this backdrop, Greek-owned shipping companies managed to remain at the forefront of the industry by controlling over 15% of the world's fleet. Most importantly, the oversupply of vessels and more »
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Is it Time to be Optimistic for the Future of the Dry Bulk Market?
By Fani Kelesidou - January 29, 2013 | Tickers: DSX, DRYS, NMM |
Over the past four years, investors who found themselves stuck with shipping stocks have plenty of reasons to be disappointed. The performance of the Baltic Dry Index is a perfect indicator of how depressed the industry has been. Throughout 2012, the index moved around bottom-low levels and remained below 1,000 points posting the lowest average performance in over two decades.
The slump of the dry bulk sector
The recessive more »
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Low Debt and High Expectations
By Joseph Porter - January 25, 2013 | Tickers: DCIX, DSX, RNF, RTK, RNO
The first things I look at in any potential investment - and especially young companies - are the company's debt/equity ratio and its quick ratio. If debt/equity > 1, and/or if quick ratio < 1, the company had better have stellar figures elsewhere, or my money is going elsewhere.
If used right, debt can be an effective tool in growing one's business. It can also be a way to more »
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Greek Shippers Might Pay the Price After All
By Fani Kelesidou - January 21, 2013 | Tickers: DSX, DRYS, ORIG
For years, Greek shippers have maintained a leading position in the international maritime business. The long shipping tradition of their home country provided a major competitive advantage that enabled them to establish a strong foothold in the global shipping industry. Greek ship owners have the largest merchant marine fleet worldwide. In particular, they control about 16% of the global dry bulk fleet and operate about ¼ of the world's more »
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Don't Ignore Shipping's Headwinds
By Joshua Bondy - January 17, 2013 | Tickers: DSX, DRYS, GNK, NM
The shipping industry faces a number of challenging headwinds. Quicker turnaround times make on-shoring an attractive proposition. Chinese wages continue to rise and it is expected that in 2015 productivity adjusted Mexican wages will be lower than Chinese wages. If a significant number of factories are moved to Mexico or the United States then this would be negative factor for pacific trade volumes. Geopolitical conflicts should not be ignored; the more »
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The Ship, the Sea, and...the Value Opportunity?(Part one)
By Fani Kelesidou - January 14, 2013 | Tickers: DSX, DRYS, EGLE, NMM, ORIG
At the moment, a typical investor would stay far away from shipping stocks. Weak global demand has led to an unprecedented oversupply within the industry. In turn, over the past five years, ship owners have been struggling with declining chartering rates and diminished profits. On the other hand, a contrarian investor would probably think to dig deeper into the market's trends seeking a possible value opportunity. As Baron Rothschild more »
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It’s Still a Great Time to Buy this Global Shipping Giant
By Matthew DiLallo - November 18, 2012 | Tickers: CMRE, DAC, DSX, DRYS, SSW
Did you know that it’s estimated that 92% of the items in your home were transported by a shipping vessel? This massive global industry, while tossed around by the whims of the global economy, can be a very profitable place for investors if they know where to look. I’m personally not a big fan of stomach churning volatility, which is why I’ve chosen containership owner Seaspan (NYSE: SSWmore »)
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What Does the Future Hold for Shippers?
By Colin Tweel - November 5, 2012 | Tickers: DSX, EGLE, FREE, FRO, NM
“This is the best time since the Vikings,” said shipping king John Fredricksen of the shipping market on June 1, 2008. At that time, his oil tankers were making $100,000 per day, and some of his drybulk carriers were making even more. Of course, that comment came just as a red-hot 5-year bull market ended in a devastating collapse of the index. Though Fredricksen had been socking away fat more »
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Two Deep Bargain Stocks: YONG, TEU
By Gary Grinaker - September 6, 2012 | Tickers: TEU, CGA, DSX, PRGN, YONG
Incredible bargains can be found in the oddest places, sometimes even in your own portfolio.
Here are two profitable stocks from my portfolio that are currently priced at deep, deep discounts.
The first is quickly growing by helping plants grow in the fertile fields of China. The other, in just over a year, created a bustling sailing fleet already shipping shareholders a remarkable 17% dividend.
YONG – Raising earnings and sweet more »
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