These guys are essential to continued Chinese Expansion (NINE, rated BUY)
Posted on August 14, 2008 at 19:37 PM EDT
China is old news but the Import/Export business will always be running. These guys interface with a large set of the major multinationals we have grown to know. There are several risk factors involved, low price, Asian uncertainty, and new changes, but the shipping related industries are always the most protected in the long run. This will require a competitor to trade into this idea accrutely, and to hedge any yet unknown competitive disadvantage.