Frontline Ltd. (USA)

  • Profits in the Shipping Sector: Will the Rising Tide Lift All Boats?

    By James Catlin - May 20, 2013 | Tickers: DSX, FRO, NAT

    The Baltic Dry Index (BDI) is a composite of the Baltic Capesize, Panamax, Handysize and Supramax indices.  It provides a useful snapshot of current pricing for water transportation.  Recently, this index has just bounced off a five-year low.  These prices are unsustainable as they will eventually bankrupt a significant amount of shippers who are unable to profit at these levels.  But this could be a necessary condition for recovery in more »

  • Understanding Scorpio Tankers (Part 2)

    By Chris Mascarenhas - March 1, 2013 | Tickers: TRMD, FRO, NAT, STNG

    This is the second of a two-part analysis.  In the first part, I discussed Scorpio Tankers' (NYSE: STNG) start-up as a public company in 2010, then a change of strategy that seems to have had its roots in mid-2011.  Part One can be found here.

    Let me resume the story in December 2012.  At the beginning of the month, Scorpio's newbuild order was six vessels.  But that figure jumped more »

  • Friday’s Post-Earnings Movers: Is it Time to Buy?

    By Brian Nichols - February 22, 2013 | Tickers: ANF, FRO, FIRE

    Earnings and earning-related news is the number one catalyst for stock movement. A strong quarter can dictate the direction of a stock for the following three months as can a bad quarter; in the past I have written in detail about such subjects, a domino effect following a strong or bad quarter. In this piece I am looking at three stocks that traded with a considerable amount of volatility. Then more »

  • Understanding Scorpio Tankers (part 1)

    By Chris Mascarenhas - February 22, 2013 | Tickers: TRMD, FRO, NAT, STNG

    Significant portions of this article are from one of my posts on The Motley Fool message boards.

    Among tanker companies, Scorpio Tankers (NYSE: STNG) is a fairly recent publicly traded player, having only started trading publicly about 34 months ago.  I have reviewed a number of tanker or shipping companies in the past, but this represents my first time digging into Scorpio. 

    I hadn't really paid that much attention more »

  • Invest in Shipping With This One Stock

    By Jonathan Yates - February 8, 2013 | Tickers: DRYS, EXPD, FRO, NAT, TNK

    There is much allure to investing now in the shipping sector. 

    It is a basic industry that plays a vital role in global commerce.  Many of the stocks are trading at very low prices due to the impact of The Great Recession.  Some still pay big dividends.  Legendary investors like Wilbur Ross are buying.  But the best stock to profit from the rebound in the shipping sector is with a more »

  • Mix-and-Match a Fleet: A Plus or a Minus?

    By Chris Mascarenhas - January 22, 2013 | Tickers: NEWL, CPLP, FRO, SFL, TNK

    Some tanker companies, such as Navios Maritime Acquisition Corporation, have a fleet that includes both crude oil tankers and tankers that transport refined petroleum products or chemicals.  Teekay Tankers (NYSE: TNK) used to only have a fleet of crude oil tankers, but in early 2012 the company acquired a few product tankers, so the fleet is now mixed.  However, this is not quite what I am had in mind, because more »

  • What Does the Future Hold for Shippers?

    By Colin Tweel - November 5, 2012 | Tickers: DSX, EGLE, FREE, FRO, NM

    “This is the best time since the Vikings,” said shipping king John Fredricksen of the shipping market on June 1, 2008. At that time, his oil tankers were making $100,000 per day, and some of his drybulk carriers were making even more. Of course, that comment came just as a red-hot 5-year bull market ended in a devastating collapse of the index. Though Fredricksen had been socking away fat more »

  • Three Shipping Stocks to Consider for Industry Recovery

    By Dr. Osman Gulseven - October 15, 2012 | Tickers: DRYS, EGLE, FRO, NM, NMM, ORIG, SBLK

    Since the subprime crisis, the shipping industry is under distress and is facing numerous challenges. The recent global economic meltdown and the prevalent oversupply in the sector are serious setbacks for investors. Most of the shipping giants are dealing with revenue losses due to low market demand. As a result, their debt is growing at a fast pace. Currently, most shipping companies are struggling to generate enough revenue to survive more »

  • 5 Reasons Shipping Stocks are Sailing Higher

    By Jonathan Yates - October 3, 2012 | Tickers: CMRE, FRO, GNK, SBLK, ULTR

    A "Perfect Storm" of factors has gathered that has shipping stocks sailing higher in recent trading.

    While The Great Recession sank many shipping companies, others have started to recover.   Over the last month of market action, Frontline Inc (NYSE: FRO) and Starbulk Carriers (NASDAQ: SBLK) were both up more than 20%.  For the last four weeks, Costamare Inc. (NYSE: CMRE) rose by 18.93%.  Genco Shipping & Trading (NYSE: GNK) jumped more »

  • Tanker Industry Continues to Look Weak

    By RJ Towner - September 6, 2012 | Tickers: DRYS, FRO, GNK, NAT, TGP

    The tanker business remains challenged, with Nordic American Tankers (NYSE: NAT) issuing a warning about its third quarter results Tuesday. CEO Herbjorn Hansson authored a letter to shareholders, letting investors know that the third quarter will be worse than the second quarter. He noted that he is not sure when the industry tide will turn and that industry fundamentals continue to languish. Hansson also mentioned that the firm has identified more »

  • 1 Dividend Stock to Buy Now

    By Kyle Farrah - September 4, 2012 | Tickers: DRYS, FRO, NAT, SFL

    Prior to the economic meltdown of 2008 manufactures of sea-transportation vessels produced far more ships than were needed at the time. A massive glut in the market had formed. Then when the economy began its downward spiral, demand for ships and sea vessels became greatly diminished, and the companies that operated and owned these vessels began a downward descent. Some shipping companies were forced to file for bankruptcy, while others more »

  • Why This is an IPO That Will Rebound

    By Ryan Guenette - August 26, 2012 | Tickers: FRO, GLOG, GLNG, SFL, TGP

    Editor's Note: Per GasLog's Investor Relations Department, the dividend payment of $0.11 will be quarterly, not annually--this article has been corrected.

    On March 30th, GasLog Limited (NYSE: GLOG) began its life as a publicly traded company on the New York Stock Exchange. GasLog is an owner, operator, and manager of liquefied natural gas carriers. The company operates 14 tankers, and is projected to increase its tanker more »

  • My Big, Fat Greek Dividend Paying Shipping Stocks

    By Jonathan Yates - August 24, 2012 | Tickers: CMRE, DCIX, FRO, NM, SB

    While it is debatable if Greece will remain in the European Union, what cannot be denied are the attractive dividend yields of publicly traded companies in its shipping sector.  A maritime nation, Greece has a shipping tradition that has bred legendary billionaires such as Aristotle Onassis and many fine companies today that pay double digit dividend yields.  In addition to the high dividend income, these stocks offer tremendous returns when more »

  • Will Frontline (FRO) survive? (Part 2)

    By Chris Mascarenhas - August 9, 2012 | Tickers: FRO, VLCCF, OSGIQ, SFL, TK

    Part 1 was the restructuring overview.

    Now let me dig into Frontline's (NYSE: FRO) fleet.  To do that I am going to divide the fleet into smaller groups, five groups in all.

    A. Frontline owned vessels
    - 1 "for sale" Suezmax
    - 2 Suezmax newbuilds

    The older Suezmax was sold in Q1 2012 for a small loss.  Only $12.5 million has been paid on the two newbuilds.  Frontline has to more »

  • Will Frontline Survive? (Part 1)

    By Chris Mascarenhas - August 3, 2012 | Tickers: DHT, FRO, SFL

    Frontline (NYSE: FRO) is one of the largest crude oil shipping companies in the world.  There are lots of folks betting against Frontline.  According to Yahoo! Finance, there were over 10M Frontline shares being shorted in June 2012, and about 9.58M shares sold short in mid-July 2012.  That's about 12-13% of Frontline's outstanding shares.

    In early June 2012, another blogger wrote an article that was critical of more »

  • Is it Time to Go Sir John Templeton on European stocks?

    By Jonathan Yates - July 5, 2012 | Tickers: AMZN, TEU, EDPFY.PK, FRO

    Is it time for investors to go Sir John Templeton all over European stocks?

    Sir John Templeton was one of the best investors of all time.  In 1999, Money magazine termed him "arguably the greatest global stock picker of the century."  He was also a value investor who is noted for buying 100 shares of the 104 stocks on The Big Board at the nadir of The Great Depression that more »

  • When Slashing a Dividend is the Right Move

    By Maxxwell A.R. Chatsko - May 14, 2012 | Tickers: FRO, VLCCF, NAT, TK | Editor's Choice

    There is more to income investing than chasing high yields. For instance, does a company have a steady history of paying its dividend? Is the dividend sustainable with future earnings potential? These questions and others need to be answered before jumping into any investment because, let’s face it, no one wants to wake up to the unexpected slashing of a dividend.

    However, there are times when dividend slashing is more »

  • Short-term Reprieve for Oil Tankers

    By Tony Daltorio - March 29, 2012 | Tickers: FRO, OSGIQ, TK, TNP | Editor's Choice

    Over the past year, almost every facet of the oil and gas industry has been very profitable except one. That one sector is shipping, specifically the tanker vessels that transport crude oil and refined products across the world's oceans. 

    The reason for this sector being a money loser is a simple one...too much supply. During the boom years before the 2008 financial crisis, ship owners thought the good more »