Tsakos Energy Navigation Ltd.
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RESUBMITTEd Bargain Hunting in the Shipping Industry
By Jacob Wolinsky - March 6, 2013 | Tickers: STNG, TK, TNP
Investors are not showing any hurry to grab shipping stocks, even as many players in the sector are trading at attractive discounts. Investors’ apathy is understandable, as this cyclical sector is currently undergoing a downtrend.
Industry dynamics mean that these cycles are often very long, running for years. However, there are bright spots within the industry where investors can go long and make profits.
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A Quick Take on Gaslog
By Chris Mascarenhas - January 8, 2013 | Tickers: GLOG, RDS-A, TNP
A few weeks back, someone privately queried me on whether I knew, or followed Gaslog, (NYSE: GLOG).
I confirmed that I knew a little bit about Gaslog, mentioned a few items about the company and its activities, and pointed him towards another source for articles that might give him additional data. Gaslog, Ltd (GLOG), is a relative newbie as a publicly traded company, having only started trading on March 30 more » -
5 Shipping Stocks Offering Double-Digit Yields
By Dr. Osman Gulseven - November 1, 2012 | Tickers: TEU, CPLP, DCIX, NM, NMM, TNP |
The shipping industry is considered a tough call. When we refer to the shipping companies headquartered in Greece, the overall picture does not get any better. Greek shippers have a strong name supported by years of successful performance, but the 2008 economic crisis nearly sunk them. However, most of them pay some of the dividend yields in Europe.
The main question is whether these dividends are sustainable. Well, Greek shippers more »
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Opportunities in the Midst of the Shipping Glut
By Joshua Bondy - August 29, 2012 | Tickers: GLNG, OSGIQ, TK, TNP
The shipping industry offers high yields to help compensate investors for the great volatility in earnings. When the shipping industry sees a lack ships the amount of time required to produce new vessels creates years of lag time. This disconnect between supply and demand means that when demand is high supply is relatively constrained. Companies receive new vessels with little respect to the current market conditions. With the current downturn more »
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Short-term Reprieve for Oil Tankers
By Tony Daltorio - March 29, 2012 | Tickers: FRO, OSGIQ, TK, TNP |
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 »