Eagle Bulk Shipping, Inc.

  • The Danger and Opportunity in This Sinking Sector

    By Shmulik Karpf - June 26, 2013 | Tickers: EGLE, EXMCQ, GNK

    Editor's Note: This article has been amended to correct Genco's total debt. Motley Fool apologizes for the error.

    Everywhere you look, you see prices of commodities falling. Due to the general economic slowdown in China and Europe, prices of metals such as ore, platinum and uranium have crashed. Slowing demand for these commodities is one reason rates for "dry bulk shippers" – which carry cargo like coal, iron ore more »

  • DryShips, Eagle Bulk, Navistar: Real Turnaround Or Another Value Trap?

    By Jacob Wolinsky - May 28, 2013 | Tickers: DRYS, EGLE, NAV

    Beaten down stocks such as DryShips (NASDAQ: DRYS), Eagle Bulk Shipping (NASDAQ: EGLE), and Navistar (NYSE: NAV) appear to be in a recovery mode with recent gains. However, situations like this confront investors with the dilemma if the positive upside will continue. Here is a closer look:

    Eagle Bulk Shipping Stocks Are Up

    The previous week was quite eventful for Eagle Bulk Shipping as the stock moved up on high more »

  • 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 »

  • 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 »

  • Three Shipping Stocks to Consider for Industry Recovery

    By Dr. Osman Gulseven - October 15, 2012 | Tickers: DRYS, EGLE, FRO, NM, NMM, ORIG, SBLK

    Since the subprime crisis, the shipping industry is under distress and is facing numerous challenges. The recent global economic meltdown and the prevalent oversupply in the sector are serious setbacks for investors. Most of the shipping giants are dealing with revenue losses due to low market demand. As a result, their debt is growing at a fast pace. Currently, most shipping companies are struggling to generate enough revenue to survive more »

  • Is the Baltic Dry Index on the Rebound?

    By Maxwell Kirchhoff - March 19, 2012 | Tickers: BALT, EGLE, KEX, RIO, SINO

    What was once a prestigious leading macroeconomic indicator, the Baltic Dry Index (BDI), has seen its relevance questioned by major outlets such as the Wall Street Journal.  At the WSJ, contributors have been debating whether or not this index is still a leading indicator (or a lagging indicator), and whether or not overproduction of large ships during 2008 has created a scenario in which the shipping industry cannot book to more »

  • All Eyes On Greece and its Shippers

    By Edgar Ambart - February 10, 2012 | Tickers: DSX, DRYS, EGLE

    While Greece is pushing back on Germany’s demand for more cuts, Greek ocean transportation company Dryships (NASDAQ: DRYS) has been exploding with volume after the recent announcement of its drilling unit, Ocean Rig UDW, winning a contract to drill 15 wells in the Norwegian Shelf.

    While there has been increased scrutiny of George Economou’s private company, Cardiff, and whether the company could survive the economic downturn, I have more »