Out of Favor

Last week, The Wall Street Journal provided another indicator of the shipping slump when they announced the Best on the Street analysts for 2008. Unlike last year, our shipping analysts were conspicuously absent, although the number three slot was taken by Jim Corridore of Standard & Poors, who had rated Horizon Lines a sell during the period in October when the shares fell 77%.

We would however be remiss if we did not mention that Ole Slorer of Morgan Stanley finished fourth in the Oil Equipment, Service & Distribution category. This was his second appearance making him the

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