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Author: Hohum777 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1832  
Subject: Re: How About A List of Your Fave Dry Shippers Date: 11/20/2012 9:26 AM
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Hohum, I know you deep knowledge of this sector. Would you mind sharing symbols of your very favorite dry shippers you have analyzed?

Dry bulk shipping companies have some serious issues with debt and an ongoing glut of vessels.
Probably the only ones I would think of touching would be the Navios entities (NM or NMM), Diana (DSX)
and recently whacked Safe bulkers (SB). The result are mostly penny slot machines- you could pull
the lever and get lucky.

And how about the symbols of oil/NLG shippers if you have the time?

Typically, oil and LNG shipping entities do not intermix. Teekay LNG partners (TGP) is probably
an exception rather than the rule. The LNG list is pretty short after that- Gaslog (GLOG), two
Golar entities (GLNG and GMLP), and a mostly LPG entity, StealthGas (GASS).

The oil shipping side has two types- crude oil shipping and refined products shipping. A few
companies do both, but typically, companies have focused on one or the other. I spend more time
on the crude oil shipping companies. A spreadsheet I update on an ongoing basis--

https://docs.google.com/spreadsheet/pub?key=0AqiAhpKxiDm4dFl...

Note: OSG just declared BK protection, and is now OSGIQ.
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