Equity Research on DryShips Inc. and Excel Maritime Carriers Ltd. - Shipping Continues to Face Demand Worries and Oversupply
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Shipping companies such as DryShips Inc. and Excel Maritime Carriers Ltd. continue to operate in an environment which seems rife with oversupply and clouded by global economic uncertainty. report is accessible for free by registering today at
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Growth in BRIC nations, most notably China, has been slowing down. Recent figures released by the International Monetary Fund predict that real GDP growth in emerging and developing markets in 2012 will decline to 5 3/4 percent from last year's 6 1/4 percent. Furthermore, the ongoing sovereign debt crisis and austerity in Europe has been casting shadows over global demand for dry bulk. On the plus side, 2012 declines are expected to reverse in 2013 and falling iron ore prices have been boosting demand from China. Get your free reports on and at . There is no commitment to join.
While hopes remain for a pickup in 2013, many fears that dry bulk and tanker rates will stay low in coming months, impacting industry players' shipping fleets' values. DryShips is relatively well diversified with interests in offshore drilling, and could benefit from rising contract rates and market fundamentals in the deepwater drilling sector. report is accessible for free by registering today at
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Datum: 14.08.2012 - 12:20 Uhr
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