Eagle Bulk Shipping
Eagle Bulk Shipping specializes in smaller Supramax-class vessels. Three such ships were recently assigned charter contracts for daily rates between $8,500 and $10,500, after fetching $20,000 to $50,000 at the height of the dry bulk boom last summer. If charter rates rebound quickly, and Eagle avoids Excel Maritime Carriers'
Investors remain justifiably skeptical of the shipping sector. The group's former darling, DryShips
While we await a steel recovery, I continue to view Diana Shipping
Fool contributor Christopher Barker captains yachts and writes about stocks. He can be found blogging actively and acting Foolishly within the CAPS community under the username TMFSinchiruna. He owns shares of Diana Shipping. The Motley Fool's disclosure policy stares rogue waves in the eye and laughs.