Many dry shipping companies and experts are forecasting significantly higher shipping rates in 2014 and beyond. Now would be a great time to prepare in advance. Double rates affect the valuations of companies such as Genco Shipping & Trading (NYSE: GNK ) , Baltic Trading Limited (NYSE: BALT ) , and Paragon Shipping much more dramatically than you'd think.
all shippers are going to fly as world economy improves. coal/iron ore demand beginning now. you could pick drys or dsx also. this is my 3rd trade on gnk.
Ticker Company Name Rating
FREE FreeSeas, Inc. 5 out of 5
NMM Navios Maritime Partners L.P. 5 out of 5
DSX Diana Shipping, Inc. 4 out of 5
NM Navios Maritime Holdings, Inc. 4 out of 5
SB Safe Bulkers 4 out of 5