NEW YORK, NY — (Marketwire) — 03/30/12 — provides members with proprietary analysis of over 10,000 stocks which is updated every day. Today, members can receive their complimentary stock analysis on (NASDAQ: DRYS) and (NYSE: GNK). Sign up now on to get your free reports on these stocks.
Shipping continues to face headwinds as oversupply and slower Chinese growth challenge the industry. Orders placed during boom years are now largely unwanted, saddling companies with higher debts and an aging yet mostly unused fleet. Although the stabilization of U.S. and more recently European markets could be beneficial, the potential slowdown in China is a huge concern. China recently cut its 2012 target growth to the lowest level since 2004, 7.5 percent. At the same time, China has been working hard to expand its domestic iron ore mining and steel output.
brings investors free classic analysis on DryShips Inc., Genco Shipping & Trading Ltd. and other companies within the Shipping industry. This type of analysis is only a fragment of the information members have available to them. To learn more we encourage investors to sign up at .
The combination of these factors could greatly impact the country-s demand for iron-ore imports and as such the shipping industry. Some estimate imports will decline around 14 percent which could negatively impact companies such as Genco Shipping & Trading Ltd. gives traders a unique insight about by registering now at .
Other industry players have been looking to diversify their revenue streams to overcome these trying times. DryShips Inc. has been heightening its focus on ultra-deep water drilling and its majority owned Ocean Rig has been beneficial to its financials of late. Ocean Rig recently announced that it has won a new drilling contract in West Africa. gives traders a unique insight about by registering now at .
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