While many Wall Street analysts have been forecasting a coming rebound in the dry bulk shipping industry, and the Capital Link Dry Bulk Index is up approximately 33% year to date, the shipping industry itself tells a very different story about the hardships it is facing. In this video, Motley Fool industrials analyst Blake Bos discusses an article by Jay Goodgal on gCaptain.com, which stresses coming difficulties for the industry in Asia as a whole -- and China particularly -- and problems with oversupply and decreased demand. Blake further stresses the industry's difficulties by taking a look at DryShips (NASDAQ:DRYS), and its concern-inducing new dilutive equity raise.
Blake Bos has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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