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Cautiously Looking To Shipping Sector
Very , very cautious. Just because it is hard hit – does not mean it has hit bottom. Having said that : Jack A. Bass Managed Accounts bought a few shares in Teekay at $ 3.58 this morning. TEEKAY...
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Shipping Sector Moving On Monday
The proverbial problem of how difficult it is to turn a big ship in an ocean of troubles seems to be resolved this morning. As noted last week Jack A. Bass Managed accounts added to TNK...
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Overview: Teekay Tankers Ltd.
TEEKAY TANKERS LTD(TNK:NYSE, US) 4.13USD0.299(7.81%)Volume: Above Average As of 20 Jun 2014 at 12:01 PM EDT. TNK shares are owned by Jack A. Bass Managed Accounts QUOTE DETAILS Open 3.82 P/E Ratio...
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Shipping Sector : Zack’s Updates / Ratings DRYS and TNK
23 June 2014Baltic Dry Index (BDI) -18 886 Rates BCI (Cape index) BPI (Panamax index) BSI (Supramax index) INDEX 1896 -54 452 -9 701 -3 SPOT TC AVG (USD) 14569 -564 3628 -74 7330 -26 YESTERDAY...
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U.S. Ruling Loosens Four-Decade Ban On Oil Exports- Tanker Stocks May Benefit
Shipments of Unrefined American Oil Could Begin As Early As AugustJune 24, 2014 5:14 p.m. ET Wall Street Journal The Obama administration has quietly cleared the way for the first exports of unrefined...
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Shipping Sector : The Recovery That Never Arrived
International Shipping News 29/05/2014 As we approach midyear 2014, shipping’s economics remain stuck in the doldrums will little or no recovery in sight. The surplus capacity of ships to the cargoes...
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Baltic Trade Index Decline – Sinks Shipping Sector Hopes
After a brief rally past 2000 the index has been on a steady decline to the 800 level. Stock prices are still in the ” waiting for proof of life” stage . 11 July 2014 Baltic Dry Index (BDI) -22...
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Shipping Rates Drop as China Hydro Power Cuts Coal Need
By Bloomberg News Aug 1, 2014 Record production of hydropower from China’s Three Gorges and newer dams is displacing so much coal that rates to transport it have plunged to about record lows, roiling...
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