Shipping Industry Benefiting From Increased Iron-Ore Demand as China Announces $150 Billion in Projects
The Paragon Report Provides Stock Research on DryShips and Eagle Bulk Shipping

NEW YORK, NY -- (Marketwire) -- 09/19/12 -- Shipping stocks have been on the upswing as central banks around the globe have announced stimulus measures to try and improve their struggling economies. China, Europe and the U.S. have all announced stimulus plans in recent weeks which have boosted the international trade market. The Paragon Report examines investing opportunities in the Shipping Industry and provides equity research on DryShips Inc. (NASDAQ: DRYS) and Eagle Bulk Shipping Inc. (NASDAQ: EGLE).

Access to the full company reports can be found at:
www.ParagonReport.com/DRYS
www.ParagonReport.com/EGLE

Iron ore prices last week saw its largest gain in nearly four years on increased demand from China. Chinese steel mills have increased purchases recently after the Chinese government announced plans to spend more than US$150-billion on 60 infrastructure projects such as -- highways, ports and airport runways. The increased demand for iron ore has boosted charter rates for Capesize vessels, the largest in the Baltic Dry Index.

"China has shown its hand," Richard Lee, a Barclay's iron ore and dry-bulk trader, said by e-mail according to Bloomberg. "It intends to add a number of new projects and mills are now short, and therefore they are restocking."

Paragon Report releases regular market updates on the Shipping Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

DryShips Inc. is a global shipping transportation company specializing in the transportation of drybulk cargoes. Their capesize and Panamax drybulk carriers carry predominantly coal and iron ore for energy and steel production as well as grain for feedstocks. The company's fleet has a carrying capacity that totals over 3.4 million deadweight tons. Shares of DryShips are up over 11 percent for the month.

Eagle Bulk Shipping is the largest U.S.-based owner of Handymax dry bulk vessels. This modern fleet is comprised principally of Supramax class vessels, a larger and more efficient Handymax design that enjoys strong demand from customers around the world. Shares of the company have rallied over 20 percent in the last month.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
http://www.paragonreport.com/disclaimer

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