The Shipping News

December 31, 2008 RSS Feed Print
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Shipping stocks have been absolutely beaten up during 2008, but will 2009 be the year of the rebound?

Sensitive to both the global economic slowdown and the drop in energy prices, shippers may still be suffering. But keep them in mind as an early play when the economy (hopefully) recovers sometime in the New Year.

The WSJ looks at a nice run by DryShips and Eagle Bulk Shipping.

Andrea Kramer at Schaeffer's Research eyes Euroseas.

Bill Luby at the VIX and More blog says watch the Baltic Dry Index in 2009 for confirmation that shipping (and trade) are returning to more robust health.

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The Ticker

Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.

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