Shipping stocks taking off because of assets being looked at...ULTR has best assets of all!!!
No other shipping company has both:
1. Assets such as barges being built and their offshore supply ships... all assets of value.
2. These same assets also have revenue increasing for them.
Assets retaining value because the revenue is increasing for their use. This can not be said for any other type of shipping such as capesize, panamax, etc....the revenue for these ships have fallen off the cliff...therefore, the asset value has done the same.
ULTR is a long term hold and will prove to be a very safe investment.