Motley Fool  Mar 28  Comment 
One analyst sent a number of dry bulk shippers higher today.
Wall Street Journal  Nov 23  Comment 
The darkest days may be over for the dry-bulk shipping companies that transport the raw materials of global trade with daily ship-charter rates rising to as much as $11,000 from as little as $3,500 earlier this year.
Wall Street Journal  Feb 21  Comment 
Idled ships are crowding coastlines world-wide as increasingly desperate companies that ship iron ore, coal and other bulk commodities try to weather the industry’s worst downturn in decades.


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


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.

Market Share

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  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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