Shares of a host of shipping companies are getting a big boost today on a report from Bloomberg that the 2013 outlook for shipping rates, especially for iron ore, are ... Read Full Story »
Railroads and trucking companies have, for the most part, seen share prices rise over the past 12 months, while ocean-going shippers have taken a severe beating. Of four railroads, CSX ... Read Full Story »
An over-supply of product leading to a steep drop in price has claimed another victim. No, this is not a story about a solar PV maker, but about shipping, where ... Read Full Story »
The price for WTI crude oil fell below $83/barrel momentarily today as the market takes another shellacking, down around 200 points just before noon. Both crude and the wider market ... Read Full Story »
In October 2007, shares of bulk carrier DryShips Inc. (NASDAQ: DRYS) traded as high as $124/share. The share price today is less than $4/share, but that is not stopping the ... Read Full Story »