China Growth Stocks

[Drexion2004]

I like the shipping industry. My two 'core' shipping holdings are NM (Dry Bulk) and SSW (Container). My two speculative shipping holdings are GSL (Container) and ONAV (Oil Product Tanker).

GSL especially should be a home-run in 1-3 years time, if CMA-CGM does well in the next 1-2 months with its debt restructuring.

NM, GSL and SSW have very long term charters. NM is especially nice because it has full-term charter insurance on all its charters (thus it has no counter-party risk). NM also has the best management in the business, IMO.

-Fernando