Stocks that Float: TANKERS & DRY BULK SHIPPERS

[Milner]

Thats a whole mixed bag of different shippers. TMM is not a shipping company at all.

TMM is offshore supply sector (mexico) mostly. Grupo TMM

Horizon. is box containers

Free is dry bulk...

Ultr looks like a product carrier refined gasoline and gasoil.

Containers and dry bulk are totally different. You really cant bunch all of those together in one basket.

Navios is a hellenic bulk carrier i am not all that familiar with.

Xanadu mentioned to me Claymore has and ETF named SEA .. Its a fund that has basket of shippers mostly in dry bulk and crude oil shipping. Exchange traded funds are a good way to play this sector if you not all that familiar with exactly what each company does. For instance i dont like DRYS. But i do have stock in Golden Ocean. Some people might say im nuts but i just like them more.

Management is everything in the shipping business. I like Golden Ocean because i think Herman Bilung is an ace and they have great management. They are not traded as of yet in the U.S. and only on the Oslo Bors.

Thats a whole different ballgame altogether because on the Bors you are exposed to the Crown. It fell against the dollar and effected stock prices on the bors.

One thing is for certain its not always smooth sailing in the shipping or maritime sectors. Lets hope for the best...!!!!