Claymore and Delta offer shipping exposure

The index, launched earlier this month, comprises 30 companies in the maritime shipping industry, including the transport of dry goods and leasing tankers. Each of the constituents is put through a proprietary methodology to determine its weighting in the index, with higher yielding securities receiving preferential weighting. To qualify for inclusion, a company must have a market capitalisation of at least US$250 million and a daily trading volume of at least US$2 million. Its shares must b