Dry bulk shipping is at the beginning of a recovery from the

>>1516036
What companies do you like specifically?

>>1516105
There's not that many publicly listed, they can be counted on both hands.

>>1516036
If Hanjin gets saved (it probably will be) the industry will be fucked.

Until trade volumes rise again, shipping is fucked

>>1516245
>Until trade volume
Unlikely to happen soon.

stay away from this sector. too many comeptitors for to low volume of trade. nobody is making money there.

>>1516036
Was anyone here smart enough to invest in hanjin? Some hood money already made

Can someone redpill me on SDRL and ISHCQ? Are these good?

thx for the protip, but how can you be sure the crisis is over

>>1517572
You can't.

As far as earnings and asset values are concerned, the sector has been on a non-stop upward trend since March.
Vessel values alone are up 30-40% compared to February, charter rates even more.

Most people expect the recovery within 2017 since no new dry bulk ships are being ordered and old ones are being scrapped.
But it's not going to recover overnight, if the market is indeed recovering in 2017 it has already started.

>>1516036

$SEA , on sale right now!!

>>1517825
That's shipping in general, not focused on dry bulk.

There's so many sectors in shipping, dry bulk, tankers, containers, gas carriers, offshore, shipyards, even shipbrokers are listed on the stock market in some cases.
You're not gonna get amazing returns from an ETF that just blindly invests in all of it. Each one has its ups and downs, mostly independent from the others.

Shipping is very cyclical in nature.

>>1516036

No it's not. It still pretty over capacity in terms of ships to cargo. Way too many damned ships for the amount of cargo they have.

File: balticdry.png (26KB, 760x322px) Image search: [Google]

26KB, 760x322px

Could go either way. [spoiler]This is clearly a masturbating duck pattern.[/spoiler]

TA says it's either a rising U-cycle or the dead cat bounce in a typical Elliott downtrend. FA says that it's all shit, and will get shittier as the central banks bubble bursts.

t. I own some dry bulk preferreds

>>1517895
Shieeet is that a double chinese dolphin esophagus pattern? Brb gotta talk to my broker

>>1516036
With the widening of the Panama canal, profits should go up for the bigger carriers, as the post-panamax ships don't have to go around the cape or via the Suez canal. If they're still bigger than new panamax, then they're still fucked.

>>1518063
The largest commonly used dry bulk ships (Capesizes) can comfortably fit through the new Panama canal.

The implications of this are not very clear yet.