In a briefing issued Tuesday morning the firm’s newest hire, Charles Rupinski, noted he and his team are following owners of tankers, bulkers and LPG carriers.

While the equity analyst pledged to identify opportunities in these spaces he admitted that, generally speaking, the industry is volatile, and thus, “speculative in nature”.

Bulkers

In the dry-bulk sector Rupinski initiated coverage of Baltic Trading Limited, Scorpio Bulkers and Star Bulker Carriers with “speculative buy” ratings.

“The