SOURCE: StockCall


May 12, 2011 09:38 ET

Opinions on DryShips Inc. and Excel Maritime Carriers Ltd. - Shipping Industry Sputtering

JOHANNESBURG, SOUTH AFRICA--(Marketwire - May 12, 2011) - offers investors comprehensive research on the Shipping industry and has completed analytical research on DryShips Inc. (NASDAQ: DRYS) and Excel Maritime Carriers Ltd. (NYSE: EXM). Register with us today at to have free access to these researches.

A rebounding global economy is helping the shipping industry but it appears it still has ways to go. High fuel prices, a fluctuating freight market and a glut of ships is currently hindering growth for the industry. Register now at to have free access to our reports on the Shipping industry. is an online platform where investors doing their due-diligence on the Shipping industry can have easy and free access to our analyst research and opinions on DryShips Inc. and Excel Maritime Carriers Ltd.; all investors need to do is register for a complimentary membership at

Shipping rates have also declined in 2011, hurting revenues of many shippers. However, some companies like Dryships Inc. locked in rates with charters and are not being affected as much by down shipping rates. When the rates are no longer locked in, the company could see a drop in revenue. Investors looking for free research on DryShips Inc. are welcome to sign up at

The Baltic Dry index, an economic indicator for sea shipping, fell 18% in April. The index has been volatile for the past year partially explaining the sharp drops in quarterly revenue some companies have been reporting. Excel Maritime Carriers Ltd. saw total quarterly revenue of approximately $98.1 million compared to $172.2 million in the same quarter last year. Investors looking for free research on Excel Maritime Carriers Ltd. are welcome to sign up at

Moving forward, there appear to be too many factors currently working against the industry to be optimistic. However, a combination of lower fuel costs, higher shipping rates and increased demand could get the industry moving in the right direction again.

Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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