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Top News In நோர்டிக் அமெரிக்கன் டேங்கர்கள் Today - Breaking & Trending Today

Full steam ahead for Wall Street's shipping stocks | Hellenic Shipping News Worldwide


Full steam ahead for Wall Street’s shipping stocks
After a decade of head fakes and disappointments, investors can be forgiven their skepticism toward shipping stocks. Add to that the pandemic unknowns. As Diamond S (NYSE: DSSI) CEO Craig Stevenson said on Friday’s analyst call, “The trouble is that you’re predicting something [the COVID recovery] that has not happened before. There is no history.”
And yet, there’s no denying the positive momentum for shipping stocks. Each sector continues to rise from a different liftoff point.
Container-shipping shares began their meteoric ascent in July, when it became clear that COVID made consumers buy more goods a lot more not less. ....

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Why Nordic American Tankers, Teekay Tankers, and Scorpio Tankers Stocks All Popped Today


Author Bio
I like things that go boom. Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered and continue to cover everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.
What happened
The cost of shipping oil around the world is on the rise this week, and if you think that might be good news for oil tanker stocks, you re right! ....

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Nordic American Tankers Ltd (NYSE: NAT) – Comments on the market – Founder, Chairman & CEO is buying stock again

March 1, 2021 Dear Shareholders and Investors, We released our 2020 numbers last Friday, February 26, 2021. 2020 was a good year. We achieved excellent results for three quarters, whilst the fourth quarter was weak. At this time we clearly see a positive turn in the market for the NAT Suezmaxes. Last week we concluded a spot contract at about USD 20,000 a day and another spot contract at about USD 15,000 a day. A week ago the comparable number was about USD 4,000 a day. Operating costs are covered at USD 8000/day. I would also like to advise you that today I have bought 50,000 shares at USD 3.13. My son, Alexander Hansson and I are among the largest shareholders of NAT. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protection ....

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Nordic American Tankers Ltd: Comments on the market – Founder, Chairman & CEO is buying stock again

Dear Shareholders and Investors, We released our 2020 numbers last Friday, February 26, 2021. 2020 was a good year. We achieved excellent results for three quarters, whilst the fourth quarter was weak. At this time we clearly see a positive turn in the market for the NAT Suezmaxes. Last week we concluded a spot contract . ....

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