The shipping industry is enjoying a boom the likes of which it hasn't seen since spices were discovered in Asia. While that may be an exaggeration. the ethanol and energy bull markets have sparked a huge surge in shipping demand. How can investors navigate their way to fast money?
Dylan Ratigan explains the shipping space can be divided into three areas. Dry goods, oil and consumer goods
Dry Goods:
Eric Bolling says DryShips (DRYS), Geneco Shipping and Trading (GNK), Excel Maritime Carriers (EXM), Diana Shipping (DSX), Alexander & Baldwin (ALEX) and Eagle Bulk Shipping (EGLE) are the major companies in this space.