NEW YORK, NY -- (Marketwire) -- 06/29/09 -- Capital Link, Inc., a New York based Investor
Relations and Advisory firm with a strategic focus on shipping, announced
the launching of a series of stockmarket Maritime Indices.
The Indices track the performance of the stocks of listed shipping
companies as follows:
Capital Link Maritime Focus
Indices
Main Index
Capital Link Maritime Index Includes all US listed shipping companies
Sector Indices
Capital Link Dry Bulk Index Includes all US listed Dry Bulk companies
Capital Link Tanker Index Includes all US listed Tanker companies
Capital Link Container Index Includes all US listed container shipping
companies
Capital Link LNG / LPG Index Includes all US listed LNG / LPG companies
Capital Link Mixed Fleet Index Includes all US listed companies operating
in more than one sector
Capital Link Maritime MLP Index Includes all US listed shipping MPLs
Nicolas Bornozis, President of Capital Link, stated: "The objective of
these indices is to enable investors, as well as all shipping market
participants, to better track the performance of individual listed shipping
stocks, as well as of the shipping industry and specific sectors. The
Indices currently focus only on companies listed on US Exchanges, as the
United States is by far the largest and most liquid market for listed
shipping companies with a large and established peer group and with a well
developed analyst and investor base."
Index Methodology:
The indices are calculated daily and are based on the market capitalization
weighting of the stocks in each index.
All US listed companies are included in the main index, the Capital Link
Maritime Index. Besides the main index (Capital Link Maritime Index), a
company may be also included in additional indices, the sector index, where
it primarily operates, and the mixed fleet index or the MLP Index, if and
as long as it qualifies for such inclusion.
Companies that operate sixty or more percent of their total fleet in a
single sector are also included in that sector index. Companies that
operate a minimum of one third of their total fleet in other sectors are
also included in the mixed fleet index.
Companies that have been delisted are included in the Indices for the
period they were listed.