Dahlman Rose Maritime Report

Dahlman Rose has issued its Martime Report that benchmark 4Q2010 iron ore prices will be finalized this week, with average spot prices just under $137/ton, which is an $18/ton discount to Chinese spot levels, leaving the dry bulk market well positioned for the coming months, Dahlman reports. Here is the list of Dahlman's current research coverage: Aegean Marine Petroleum Network, Inc ANW Buy $15.50 (PT $34) Baltic Trading Ltd. BALT Buy $11.50 (PT $18) DHT Holdings, Inc. DHT Hold $3.99 (PT n/a) DryShips, Inc. DRYS Hold $4.09 (PT n/a) Diana Shipping, Inc. DSX Buy $12.00 (PT $22) Eagle Bulk Shipping, Inc. EGLE Buy $4.69 (PT $8) Excel Maritime Carriers, Ltd. EXM Hold $5.24 (PT n/a) FreeSeas, Inc. FREE Buy $1.01 (PT $2) Frontline, Ltd. FRO Buy $26.70 (PT $42) Golar LNG Limited GLNG Buy $10.60 (PT $15) General Maritime Corporation GMR Buy $4.82 (PT $10) Genco Shipping & Trading Limited GNK Buy $15.46 (PT $30) Nordic American tanker Shipping Limited NAT Buy $27.43 (PT $37) Navios Maritime Holdings, Inc. NM Buy $5.47 (PT $8) Omega Navigation Enterprises, Ltd. ONAV Hold $1.42 (PT n/a) Overseas Shipholding Group, Inc. OSG Buy $32.68 (PT $52) Paragon Shipping, Inc. PRGN Buy $3.65 (PT $6) Safe Bulkers, Inc. SB Buy $7.70 (PT $10) Star Bulk Carriers Corporation SBLK Hold $2.82 (PT n/a) Ship Finance International Ltd. SFL Buy $17.91 (PT $23) Seaspan Corporation SSW Buy $11.15 (PT $13) Scorpio Tankers, Inc. STNG Buy $10.71 (PT $16) TBS International PLC TBSI Hold $5.50 (PT n/a) Teekay LNG Partners LP TGP Hold $32.99 (PT n/a) Teekay Corporation TK Hold $24.55 (PT n/a) Teekay Tankers Ltd. TNK Buy $12.11 (PT $15) Tsakos Energy Navigation, Ltd. TNP Hold $12.99 (PT n/a) Knightsbridge Tankers, Ltd. VLCCF Hold $18.42 (PT n/a) Talk to other investors at GAFNN.com