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Tanker Rates Down This Week; Here's Why
Tuesday, May 31, 2016 - 10:43am | 381Read More...Tanker rates were mostly down last week. In a new report, Credit Suisse analyst Gregory Lewis dug into the activity behind the numbers. According to Lewis, June loadings are underway, with VLCC spot activity out of the MEG up roughly 40 percent week-over-week (W/W). About 40 oil tankers are being...
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Gartman: We're Long Tanker Stocks And Gold, Short U.S. Treasuries
Tuesday, July 21, 2015 - 12:18pm | 393Read More...Dennis Gartman discussed in Tuesday's edition of "The Gartman Letter" why he views the tanker industry and gold favorably while still maintaining a short position on U.S. Treasuries. Iran Deal To Boost Tankers Gartman said that the U.S.-backed deal with Iran will bring "...
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Four Stocks Stifel Just Initiated Coverage On
Wednesday, July 15, 2015 - 2:40pm | 605Read More...Analysts at Stifel on Wednesday initiated coverage of Ardmore Shipping Corp (NYSE: ASC), DHT Holdings Inc (NYSE: DHT), Euronav NV Ordinary Shares (NYSE: EURN) and First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE: FPF). Admore Initiated At Buy Shares of Admore were initiated with a Buy rating and...
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Frontline, Overseas Shipholding Rallying, but for How Long?
Tuesday, February 14, 2012 - 5:43pm | 413Read More...The tanker stocks have been moving wildly today, as recent corporate news and geopolitical events have been affecting the companies. For example, Businessweek reported that Iran sanctions are tightening as Frontline (NYSE: FRO) and Overseas Shipholding Group (NYSE: OSG) are halting crude cargo from...
