Topic: Cargo and Freight Shipping

Well at least one thing is growing at Dryships...(DRYS)

....And that would be shares outstanding, up 494% from a year earlier, while its core shipping revenue is down 50%. A 2year stock chart reflects the collapse in DRYS pricing power and the explosion in shares outstanding:To be fair and accurate, Dryships'(DRYS) smart decision to expand into the ...
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UK halts business with Iran firms on nuclear fears

<div><p>LONDON (Reuters) - Britain froze business ties with an Iranian bank and state-run shipping firm Monday, citing fears that they were involved in helping the Islamic Republic to develop nuclear weapons.</p><p>Iran dismissed the move and a separate U ...
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NATO's oil tankers burnt in Quetta

NATO's oil tankers burnt in Quetta
epa01852461 Pakistani paramilitary soldier stands guard next to oil tankers destined for NATO's forces in Afghanistan, after alleged Taliban militants burnt oil tankers in Quetta, the capital of Pakistan's restive Balochistan Province that borders Afghanistan, on 08 September 2009. US and NATO forces in landlocked Afghanistan get around ...
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NATO airstrikes killed 90 people in Kunduz

NATO airstrikes killed 90 people in Kunduz
epa01847409 Afghan security officials inspect the burnt oil tankers, at the site of a NATO-led airstrike, targeting Taliban militants, in Kunduz northern Afghanistan on 04 September 2009. Ninety people were killed on 04 September when a NATO airstrike hit two Taliban-hijacked oil tankers in the northern Afghan province of Kunduz ...
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