tanker stocks.

**hydralistor** Tue Jul 25, 2006 10:06 am

tanker stocks.
tanker stocks could reach a bottom.

tank rate is turning around.

**blast_investor** Tue Jul 25, 2006 10:55 am

tanker sector is very interesting.

Do you know any web sites that track tanker rates?

**hydralistor** Tue Jul 25, 2006 4:56 pm

yes. I do know one.

http://www.dryships.com/index.cfm?get=report

from the chart there, the tank rate looks like a tripple bottom and begin going up.

**hydralistor** Tue Jul 25, 2006 5:00 pm

I follow some mining stocks.
One of them report that the shipping is a bottleneck.
It can't find enough ships to transport the copper/gold etc to customers.
I don't know if it is a industry wide or this company specific problem.

**blast_investor** Tue Jul 25, 2006 5:10 pm

Which part is Copper/gold "shipping bottleneck", train? Ocean tanker?

hydralistor wrote: I follow some mining stocks.
One of them report that the shipping is a bottleneck.
It can't find enough ships to transport the copper/gold etc to customers.
I don't know if it is a industry wide or this company specific problem.

**hydralistor** Tue Jul 25, 2006 9:33 pm

ocean tanker.
but it is dry bulks tanker, not oil tanker.

blast_investor wrote: Which part is Copper/gold "shipping bottleneck", train? Ocean tanker?

hydralistor wrote: I follow some mining stocks.
One of them report that the shipping is a bottleneck.
It can't find enough ships to transport the copper/gold etc to customers.
I don't know if it is a industry wide or this company specific problem.

**hydralistor** Wed Aug 02, 2006 3:02 pm

Today, the tanker groups surged, some are more than 10%, most of them has at least 5%.
tanker rate is continue climbing.