International Shipholding Corp
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Patience Is the Key for These Shipping Stocks
By Shweta Dubey - March 24, 2013 | Tickers: ISH, KEX, NMM
It is expected that the oversupply in the dry-bulk shipping market could potentially stabilize in the second-half of 2013. I do agree with this, because I believe that the rapid decline in the new-dry bulk vessels deliveries in 2013 should pull down the gap between demand and supply of dry-bulk.
But the market is likely to remain challenging, given that demand would still have to grow to offset the significant more »
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Taking Billionaire Wilbur Ross's Advice: Invest In Shippers
By Marshall Hargrave - January 29, 2013 | Tickers: TEU, CMRE, DRYS, ISH, KEX
Billionaire Wilbur Ross is a renowned debt investing expert who has turned bullish on the shipping industry; believing there are a number of opportunities in the dry bulk and container ship markets. Ross started his own firm in 2000, specializing in distressed investing (check out all the stocks Ross owns).
Private equity has also been showing interest in shipping. Major private equity firms have been buying up shipping vessels of more »