The world’s shipping industry has been beaten hard over the past six months. But news reports out this week are proving the sector may be on the rise. Excel Maritime (NYSE:EXM) surprised analysts today. Who’s next?

It is turning out to be a fantastic week for investors with a strong enough stomach to stand the recent fallout in the shipping industry. Until yesterday, we were left wondering how deep the abyss may be. But thanks to some industry debt restructuring and word that revenues could be on the increase, the rising tide is lifting all ships today.