Skip to main content

Market Overview

Dahlman Rose's Maritime Report For Marine Transportation

Share:

Tanker, Dry Bulk, and Container markets have lifted off of weak levels and have posted seasonal upturns as summer comes to a close, according to Dahlman Rose, which forecasts a solid run into the end of 2010.

Current Tanker/Dry Bulk/Container risks consist of the fact that growth depends on continued global expansion, primarily in the U.S. and China. Economic conditions can negatively affect results in earnings and production. Changes in environmental regulations can limit the usefulness of vessels and may require additional upgrades and expenditures that may affect cash flow. Also, orders for newly-built carriers and scrapping of old ships can change the supply/demand balance for tankers in the future.

Current "buy" stocks rated by Dahlman Rose include:
Aegean Marine Petroleum Network, Inc. (NYSE: ANW), Diana Shipping, Inc. (NYSE: DAX), and Safe Bulkers, Inc. (NYSE: SB)

Current "hold" stocks rated by Dahlman include:
DryShips, Inc. (NASDAQ: DRYS), Excel Maritime Carriers, Inc. (NYSE: EXM), and TBS International, PLC (NASDAQ: TBSI)

 

Related Articles (ANW + DAX)

View Comments and Join the Discussion!

Posted-In: Aegean Maritime Petroleum Network Dahlman RoseAnalyst Color Long Ideas News Guidance Markets Analyst Ratings

Need corporate guidance data?
Click here to see licensing options.

Latest Ratings

StockFirmActionPT
GOOGLMizuhoMaintains2,600.0
VZIOWells FargoInitiates Coverage On31.0
TWTROppenheimerMaintains85.0
SBUXOppenheimerMaintains135.0
OMWells FargoInitiates Coverage On63.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com