NEW YORK, NY — (Marketwire) — 07/20/11 — has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Shipping industry and are offering free analytical research on (NASDAQ: DRYS) and (NYSE: GNK). Register with us today at to have free access to these research reports.
For most companies in the Dry Bulk shipping industry which ship large amounts of commodities around the world, times have been very tough. With a falling dollar and the upward manipulation of the Chinese Yuan, there seems to be less reason to ship commodities long distances, as the prices of these commodities are getting closer and closer to one another. Along with these currency issues, there may be simply too little demand and too many empty boats for shipping companies in the wake of the global recession. Get your free reports on and at . There is no commitment to join.
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Some companies like DryShips Inc. have been selling off some of their ships and looking to diversify their businesses into the oil drilling sector. In order for some of these companies to survive, many analysts believe that this move to oil drilling and oil tankers will be necessary. report is accessible for free by registering today at .
While oil drilling can be a risky business and there is no guarantee of high fuel demand in the weakened economy, companies like Genco Shipping and Trading Ltd. which are totally invested in the dry bulk shipping business may be in serious trouble. Companies that fail to diversify in this sector may find it increasingly difficult to stay afloat. report is accessible for free by registering today at .
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