A long-term restructuring solution will be necessary for Eagle to stay afloat.
Despite having solid Capesize coverage, Excel's still exposed to the volatile spot market.
Genco will be tested again in 2012; oversupply issues will weigh on the industry.
Navios' dividend yield and positive free cash flow generation are sustainable throughout the cycle.
Kirby's diesel engine services unit provides exposure to the North American shale gas boom.
Although we don't expect TOP Ships' lenders to foreclose on the company's vessels in our base-case assumptions, weaker-than-projected tanker or dry-bulk markets could lead to customer contract cancellations and solvency concerns.We think TOP is hampered by financial inflexibility. Heavy
TOP Ships' announced equity offering reduces potential solvency issues but is highly dilutive.
Capital Product Partners has seen a recent improvement in industry freight rates.
Increased demand for steel and other metals worldwide would aid TBS' top line.
If Danaos is unable to raise capital through debt markets over the near term, it may need to issue equity, which could dilute current shareholders.Danaos is highly dependent on a small group of customers.With the container shipping industry facing a potential oversupply of vessels, Danaos may have