Of the four companies, only Star Bulk Carriers still pays investors a quarterly dividend.
More giant bulk carriers will lower the prices of ores delivered to China and stimulate trade growth, they say.
The three bulk carriers are the first new shipbuilding order placed by ADM designed to accommodate new post-Panamax needs.
FORBES: Archer Daniels Midland & Mitsubishi Team Up To Blow Bubbles
It has ordered six bulk carriers from a Japanese yard and a couple of smaller container ships from a Korean one.
The yard, based on the River Torridge, has built more than 350 ships, including naval fishery protection vessels, trawlers, passenger-vehicle ferries, dredgers and bulk carriers.
BBC: NEWS | UK | England | Devon | Financial help 'floods' into shipyard
Though most of the boom is in bulk carriers, rates for container ships that carry finished products to the U.S. are up, too--as much as 30%.
Some of the major players in the sector include Genco Shipping ( GNK), DryShips ( DRYS), Eagle Bulk Shipping ( EGLE) and Star Bulk Carriers ( SBLK).
Eagle Bulk Shipping has fallen 85% from its all-time high, Diana Shipping has fallen 70%, DryShips is lower by almost 95% and Star Bulk Carriers has fallen about 80%.
FORBES: BDI Continues To Fall, But Should Value Investors Take Notice?
The company owns and operates a fleet of 29 dry bulk carriers that transport a wide range of commodities, including coal, iron ore, grains, bauxite, phosphate, fertilizers and steel products.
Genco Shipping and Eagle Bulk Shipping are trading just percentage points above their respective 52 week lows, while DryShips and Star Bulk Carriers are trading near the midpoint of the range.
DryShips ( DRYS), Eagle Bulk Shipping ( EGLE) and Diana Shipping ( DSX) all eliminated their dividends in the fourth quarter of 2008 while Star Bulk Carriers ( SBLK) slashed its dividend to just five cents per share.
FORBES: BDI Continues To Fall, But Should Value Investors Take Notice?
It buys network capacity in bulk from carriers so users can send text messages for free (in India subscribers don't have to pay for receiving texts).
Historically, the bulk of the money in wireless has been made by carriers, not handsets.
For the smaller US Airways, it was a chance to bulk up to compete on an equal footing with the big domestic carriers on the tarmac, United and Delta.
FORBES: Big Deal: Reflections on the American and US Airways Megamerger
应用推荐