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Sunday, March 1, 2009

Shipping Stocks

With regards to listed shipping companies - Look for those with uncomplicated structures. the devil is in the detail. Some publicly listed shipowners have 'sister' privatley owned affiliates who regularly get the cream when it comes to good paying business.
The public company sometimes becomes a vehicle for raising funds and avoiding responsibility. Most though are solid firms doing their best in such a touch market situation.

Yours
The Virtual Shipbroker

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