Frontline (NYSE: FRO)
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Dec
15
Ida Hansen
Falling Oil helps Shipping Stocks
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While Big Oil stocks like Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) should be excellent long term investments despite the recent decline in the price of oil, there are sectors that do well thanks to lower energy costs. Sailing high among those is the global shipping industry. Few sectors suffered like shipping during The Great […]

Jul
8
Ida Hansen
Time for Shipping to Surface?
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There have been a number of reports that should have investors bullish on shipping stocks such as Frontline (NYSE: FRO), DryShips (NASDAQ: DRYS), and Eagle Bulk Shipping (NASDAQ: EGLE) (chart below), among others. During The Great Recession, the shipping industry was battered by a “perfect storm” of adverse market conditions. Shippers overbuilt due to strong […]