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The Shipping Stocks Blog  Jun 2 
Genco Shipping and Trading Limited - Press Release. Today the Baltic Capesize index jumped almost 1200 points or 18% to 7724. This has pulled the broader Baltic Dry Index up 11.5% in one day to 4106. 4,000 on the BDI has been indexes' average...
Zero Hedge  Feb 23 
Stamatis Molaris, CEO of Excel Maritime just called it quits. The executive decided that dealing with ungrateful charters who are paying willy-nilly whatever they see fit is just not worth the trouble. The 45 year old Greek also resigned as...
The Shipping Stocks Blog  Feb 21 
The several indices from the Baltic Exchange that track the different classes of dry bulk shipping rates were positive for the week in spite of a sharp drop on Monday. Here are the indexes, their closing prices and percentage change for the...
Self Investors  Feb 5 
A big move out of the dry bulk shipping stocks today with several breaking out of consolidations with heavy volume.  Excel Maritime (EXM) reclaimed support of its 50 day moving average in a big way.  The dry bulk shippers have been on a wild...
The Simplified Investor  Nov 24 
Thanks to Gary, who contributed this comment on a post about the Baltic Dry Index a week ago - "What great time to buy shipping stocks - before you know it demand will be back because pent-up demand will force products to ship. Stocks like...
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TOP CONTRIBUTORS

Drybulk shipping comprises roughly 36% of seaborne trade.[1]

[edit] Fleet

Capesize - Large vessels that cannot pass through canals and thus must travel around capes. Typically about 175,000 deadweight tons (dwt).

Panamax - Vessels designed to pass through the Panama Canal. Typically about 75,000 dwt.

Supramax - Smaller vessel, roughly 40,000-60,000 dwt.

Handysize - Smaller vessel, roughly 10,000-40,000 dwt.

[edit] Market Share

4.5


[edit] References

  1. Rasberg, K. Drybulk Fundamentals Remain Healthy, Seeking Alpha, Jan 14 2008
  2. 2007 DSX, 20-F, Item 4, Page 18
  3. 3.0 3.1 2007 DSX, 20-F, Item 3, Page 4
  4. 2006 DRYS, 20-F, Item 4, Page 20
  5. 2007 EGLE 10-K, Item 1, Page 4
  6. 6.0 6.1 2007 GNK, 10-K, Item 1, Page 4
  7. 7.0 7.1 2006 NM, 20-F, Item 4, Page 19
  8. UNCTAD - 2007 Review of Maritime Transport
 
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