Oil Correction Drags Down Commodity Plays, Transports… and Takes Seaspan Back to Lows
The 2-day 7% correction in oil managed to slaughter many cyclicals, from RIG, which had just gotten a big buy send-off from Barron’s two weeks ago,...
273 Views
Seaspan SSW Hits the Wall. A Bit Late. But Time to Heed Lessons of Teekay Tankers
I've been shouting on rooftops and especially to management for several months. Seaspan Corp. (SSW US) needs to do what others have done: Slash the...
335 Views
Shipping Stocks Go Bananas, the Worst Rising the Most
DRYS has now spiked (before suspension) more than 2000% post Trump and as the BDI (Baltic Dry Index) popped above 1,000. Most of the trading...
476 Views
Shipping Royalty Tanks (Reasons Behind Seaspan's Correction)
At this point in the cycle, we could say that just about all shipping companies have sailed into the Bermuda Triangle. Seaspan Corp. (SSW US), one...
391 Views
Three Japan Giants to Combine Container Assets; Positive in Long-Term, Musical Chairs For Now
What's the deal? Japan's three largest shipping companies -- Nippon Yusen Kk (9101 JP), Mitsui Osk Lines Ltd (9104 JP), and Kawasaki Kisen Kaisha...
350 Views