Maritime industry

Article Abstract:

Container ship owners could increase rates significantly by 1999. The tanker market has not done well during 1997 but is expected to do better in 1998 and 1999 by maintaining a balance between supply and demand. It is a volatile and risky market so most investors should not participate. Many carriers have decreased operating costs to such a level that a rate increase would increase earnings.

Author: Sirois, Craig
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997

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Maritime industry

Article Abstract:

Consolidation is rampant throughout the maritime industry. These mergers are an attempt to decrease costs during a period of overcapacity and low rates. Cruise lines, steamship operators and dry bulk carriers are oversupplied while tankers are not. There are changes taking place in the containership industry which will make the industry a poor risk for conservative investors.

Author: Sirois, Craig
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
APL Ltd., APL

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Subjects list: Economic aspects, Finance, Shipping industry, Alexander and Baldwin Inc., OMI Corp., Overseas Shipholding Group Inc., Sea Containers Ltd., ALEX, OMM, OSG, Water transportation, SCR
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