December E-mini S&Ps (ESZ14 +0.08%) this morning are up +0.08% and European stocks are up +0.79% at a 2-month high.

September E-mini S&Ps (ESU14 +0.10%) this morning are up +0.12% and European stocks are up +0.37% after ThyssenKrupp AG, Germany's largest steelmaker, reported better-than-expected quarterly earnings.

As much as I have suffered aboard ships in my lifetime, though, that's nothing compared to the agony people investing in ships—specifically, dry-bulk shippers—have endured in the last five years.