International Business News - DAC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The growing financial crisis is constraining world trade with a jumbled mess of frozen credit that could mean shortages of food and energy supplies for some countries. http://www.ibtimes.com/articles/20081104/tight-credit-slows-food-and-energy-shipments.htm Tue, 04 Nov 2008 16:31:41 EST Shares of drybulk shipping companies fell sharply amid a broader market rout on Wednesday, as an analyst said shipping demand will likely remain sluggish over the next year. http://www.ibtimes.com/articles/20081015/sector-snap-drybulk-shares-sink-on-demand-worries.htm Wed, 15 Oct 2008 15:12:13 EDT Drybulk shipping stocks accelerated Tuesday amid a shaky broader market, as a JPMorgan analyst suggested the stocks were oversold. Analyst Jonathan B. Chappell said in a client note that he believes investors had sloughed off the shares in fear of the "complete collapse of the shipping markets"--both in freight rates and because of the tight global credit market. http://www.ibtimes.com/articles/20081014/sector-snap-drybulk-rises-amid-jittery-market.htm Tue, 14 Oct 2008 14:47:36 EDT One analyst suggests that the spreading credit crisis and the lifting of some temporary factors will allow drybulk shipping demand to rebound by the end of this year. http://www.ibtimes.com/articles/20080929/analyst-sees-shipping-demand-rebounding-this-year.htm Mon, 29 Sep 2008 16:18:37 EDT Shares of several drybulk shipping companies set new year-lows on Friday, as vessel activity continued to spiral down and a key shipping index plunged. http://www.ibtimes.com/articles/20080926/sector-snap-drybulk-shippers-hit-year-lows.htm Fri, 26 Sep 2008 13:11:46 EDT A JPMorgan analyst downgraded one drybulk shipper and upgraded another Thursday, saying that Eagle Bulk Shipping Inc. should benefit from near-term fleet growth while Diana Shipping Inc.'s expansion plans might be "constrained." http://www.ibtimes.com/articles/20080814/ahead-of-the-bell-analyst-splits-drybulk-shippers.htm Thu, 14 Aug 2008 07:52:28 EDT A key shipping index measuring drybulk vessel activity posted its largest one-day drop Thursday, dragged down as rates for the sector's biggest ships lost significant ground. http://www.ibtimes.com/articles/20080612/drybulk-index-posts-largest-ever-1-day-drop.htm Thu, 12 Jun 2008 15:03:55 EDT Shares of drybulk shippers sailed higher Friday, as key index measuring drybulk ship activity blasted through an all-time high for the second consecutive day. http://www.ibtimes.com/articles/20080516/sector-wrap-drybulk-index-hits-another-high.htm Fri, 16 May 2008 16:09:20 EDT Investors flocked to the drybulk sector Thursday, as a key shipping index set an all-time high amid increasing activity for the vessels that carry commodities including iron ore, coal and grain. http://www.ibtimes.com/articles/20080515/sector-snap-drybulk-leaps-as-index-hits-record.htm Thu, 15 May 2008 13:20:08 EDT Drybulk shipping stocks mostly rose Monday, as a key shipping index pulled back but several analysts reiterated their views that demand should remain strong through next year. http://www.ibtimes.com/articles/20080512/sector-snap-drybulk-shippers-rise-on-09-optimism.htm Mon, 12 May 2008 13:45:22 EDT Shares of drybulk shippers edged higher Tuesday, as a key shipping index surged and rates for the sector's largest carriers hit their highest point this year. http://www.ibtimes.com/articles/20080506/sector-snap-drybulk-shippers-rise-as-rates-climb.htm Tue, 06 May 2008 13:32:06 EDT