I am not currently in shipping stocks, but they made an unexpected new 3 year high rally on freight rates, that I am still a little stunned at the recent rally in the CAPEX BDI rates. It is a sector to watch closely for many reasons. I spent a good year studying the dry bulk shipping, NM, NMM, DRYS, and about 6 othersw in the sector and stocks, dry bulk shipping and container cargo shipping stocks in 2009. I even played them off and on, but I had to jump ship as the sector drowned in the new ship builds hitting the water as China slowed. Iron ore shipments to China have made a sudden new 3 year high this is one to watch closely the next 12 months.