http://www.shippingstocksblog.com/2009/04/excel-maritime-takes-big-writedown/ by Tim Plaehn Thu, 24 Dec 2009 12:46:15 +0000 hourly 1 http://www.shippingstocksblog.com/2009/04/excel-maritime-takes-big-writedown/comment-page-1/#comment-531 planetim Sat, 18 Apr 2009 11:40:39 +0000 http://www.shippingstocksblog.com/?p=295#comment-531 I think the companies with good time charter contracts and low debt loads will do OK over the next year. I think the companies with good time charter contracts and low debt loads will do OK over the next year.

]]> http://www.shippingstocksblog.com/2009/04/excel-maritime-takes-big-writedown/comment-page-1/#comment-281 grgy Fri, 10 Apr 2009 14:39:04 +0000 http://www.shippingstocksblog.com/?p=295#comment-281 I'm really surprised that some of these companies can stay afloat (excuse me) given their debt, low shipping rates and lack of business. I think in the coming months, we'll see an acceleration of M&A activity. The companies with the strongest balance sheets should do well. I own ISH and PRGN presently as I think they are going to come out on top. Any other names that would fit into the "strong" category? I’m really surprised that some of these companies can stay afloat (excuse me) given their debt, low shipping rates and lack of business. I think in the coming months, we’ll see an acceleration of M&A activity. The companies with the strongest balance sheets should do well. I own ISH and PRGN presently as I think they are going to come out on top. Any other names that would fit into the “strong” category?

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