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	<title>Stock Blog Hub &#187; Shipping</title>
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		<title>(EXM) Excel Maritime Carriers Analyst Maintains Underperform Rating</title>
		<link>http://www.stockbloghub.com/2012/04/19/exm-excel-maritime-carriers-analyst-maintains-underperform-rating/97025</link>
		<comments>http://www.stockbloghub.com/2012/04/19/exm-excel-maritime-carriers-analyst-maintains-underperform-rating/97025#comments</comments>
		<pubDate>Thu, 19 Apr 2012 18:43:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97025</guid>
		<description><![CDATA[We maintain our Underperform recommendation on Excel Maritime Carriers Ltd. (EXM). Although the company’s fourth quarter of 2011 financial beat the Zacks Consensus Estimates, we believe the drybulk shipping industry has a gloomy prospect, at least in the near-term. This sector is facing serious challenges since the spot vessel rates collapsed significantly. The sole reason for this dismal condition is the sheer increase of newbuild ships under operation that resulted in intense price competition. The spot rates of drybulk vessels have fallen to such a low level that even surging commodity prices in the Asian markets failed to offset the loss of the vessel owners. We believe continuation of this pricing trend will certainly jeopardize the company’s future financials. In the last year, Excel Maritime took a severe hit on ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/19/exm-excel-maritime-carriers-analyst-maintains-underperform-rating/97025/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers- Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/03/23/exm-excel-maritime-carriers-bear-of-the-day-2/96322</link>
		<comments>http://www.stockbloghub.com/2012/03/23/exm-excel-maritime-carriers-bear-of-the-day-2/96322#comments</comments>
		<pubDate>Fri, 23 Mar 2012 21:56:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96322</guid>
		<description><![CDATA[We downgrade our recommendation on Excel Maritime Carriers (EXM) to Underperform ahead of its fourth quarter of 2011 financial results. We believe the drybulk shipping industry has a gloomy outlook, facing serious challenges since spot vessel rates collapsed significantly. The sole reason for this dismal condition is the sheer increase of new-build ships under operation, which resulted in intense price competition. The spot rates of drybulk vessels have fallen to such low levels that even surging commodity prices in the Asian markets have failed to offset the loss of the vessel owners. We believe continuation of this pricing trend will certainly jeopardize the company&#8217;s future financials. In the last couple of quarters, Excel Maritime took a severe hit on its time charter equivalent rate. Additionally, its balance sheet is highly ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/23/exm-excel-maritime-carriers-bear-of-the-day-2/96322/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(OSG) Transportation Sector Rated by ValuEngine</title>
		<link>http://www.stockbloghub.com/2011/07/11/valuengine-rates-the-transports/78673</link>
		<comments>http://www.stockbloghub.com/2011/07/11/valuengine-rates-the-transports/78673#comments</comments>
		<pubDate>Mon, 11 Jul 2011 15:25:32 +0000</pubDate>
		<dc:creator>valuengine</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[AMR]]></category>
		<category><![CDATA[AMR Corporation]]></category>
		<category><![CDATA[CH Robinson Worldwide Inc.]]></category>
		<category><![CDATA[CHRW]]></category>
		<category><![CDATA[CSX]]></category>
		<category><![CDATA[CSX Corporation]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[EXPD]]></category>
		<category><![CDATA[Expeditors International of Washington Inc]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[FRO]]></category>
		<category><![CDATA[Frontline Limited]]></category>
		<category><![CDATA[GBX]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GLNG]]></category>
		<category><![CDATA[GNK]]></category>
		<category><![CDATA[Golar LNG Limited]]></category>
		<category><![CDATA[Greenbrier Companies]]></category>
		<category><![CDATA[LAN Airlines S.A.]]></category>
		<category><![CDATA[LFL]]></category>
		<category><![CDATA[Norfolk Southern Corporation]]></category>
		<category><![CDATA[NSC]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Overseas Shipholding Group Inc]]></category>
		<category><![CDATA[Republic Airways Holdings Inc.]]></category>
		<category><![CDATA[RJET]]></category>
		<category><![CDATA[RYAAY]]></category>
		<category><![CDATA[Ryanair Holdings plc]]></category>
		<category><![CDATA[Teekay Corporation]]></category>
		<category><![CDATA[TK]]></category>
		<category><![CDATA[Union Pacific Corporation]]></category>
		<category><![CDATA[United Parcel Service Inc.]]></category>
		<category><![CDATA[UNP]]></category>
		<category><![CDATA[UPS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78673</guid>
		<description><![CDATA[Below, we present the latest data on leading Transportation Sector stocks from our  Institutional software package (VEI).   These results were filtered by market price and volume&#8211;no results below 3$/share or less than 100k shares/day volume. Top-Five Transportation Sector Stocks&#8211;Short-Term Forecast Returns Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%) (OCNFD) OCEANFREIGHT IN 6.89     N/A -56.81 (OSG) OVERSEAS SHIPHO 26.91 -38.42 -23.85 (FRO) FRONTLINE LTD 14.02 -42.65 -50.25 (DRYS) DRYSHIPS INC 4.2 -47.15 16.99 (GBX) GREENBRIER COS 21.97 6.85 103.61 Top-Five Transportation Sector Stocks&#8211;Long-Term Forecast Returns Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%) (AMR) AMR CORP 5.38 -47.44 -20.18 (CHRW) CH ROBINSON WWD 82.1 8.3 48.36 (UPS) UTD PARCEL SRVC 75.37 -0.85 30.35 (LFL) LAN CHILE-ADR 30.53 31.41 57.45 (EXPD) EXPEDITORS INTL 52.88 6.23 53.45 Top-Five Transportation Sector Stocks&#8211;Composite ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/11/valuengine-rates-the-transports/78673/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers Improves Time Charter Contract</title>
		<link>http://www.stockbloghub.com/2011/07/08/exm-excel-maritime-carriers-improves-time-charter-contract/78653</link>
		<comments>http://www.stockbloghub.com/2011/07/08/exm-excel-maritime-carriers-improves-time-charter-contract/78653#comments</comments>
		<pubDate>Fri, 08 Jul 2011 20:50:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78653</guid>
		<description><![CDATA[Excel Maritime Carriers Ltd. (EXM), a leading worldwide seaborne transporter for dry bulk cargoes, recently improved and consolidated the time charter contracts for its fleets. The company announced that it has entered into 1-year time charter agreement with the first class European charterers for its Kamsarmax vessel M/V Iron Vassilis and Panamax vessel M/V Happy Day. The Kamsarmax vessel has 82,257 dwt carrying capacity and will be employed for a gross daily average TC rate of $14,000 during the period. The Panamax vessel has 71,694 dwt carrying capacity and will be employed for a gross daily average TC rate of $13,000 during the period. With these two new time charter deals, currently Excel Maritime secured under time charter employment of 78% of its operating days for the rest of 2011. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/08/exm-excel-maritime-carriers-improves-time-charter-contract/78653/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRYS) DryShips Upgraded to Neutral</title>
		<link>http://www.stockbloghub.com/2011/06/28/drys-dryships-upgraded-to-neutral/77681</link>
		<comments>http://www.stockbloghub.com/2011/06/28/drys-dryships-upgraded-to-neutral/77681#comments</comments>
		<pubDate>Tue, 28 Jun 2011 15:58:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77681</guid>
		<description><![CDATA[We upgrade our recommendation on DryShips Inc. (DRYS) to Neutral following our view that the upcoming initial public offering of Ocean Rig deepwater drilling unit will unlock the value of its huge potential. We believe ultra deepwater drilling business will drive the stock price in the near future. DryShips is steadily transforming itself as a drillship company from a drybulk cargo operator. As a result, both the top line and bottom line are expected to benefit from lucrative ultra deep-water oil drilling industry. DryShips’ first-quarter 2011 financial results fell below the Zacks Consensus Estimates, mainly due to poor performance of the drybilk shipping. Nevertheless, we believe the drybulk shipping rates will increase in the second half of 2011 attributable to a surge in demand for coal in Japan. In the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/28/drys-dryships-upgraded-to-neutral/77681/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers Improves TC Contract</title>
		<link>http://www.stockbloghub.com/2011/06/17/exm-excel-maritime-carriers-improves-tc-contract/76598</link>
		<comments>http://www.stockbloghub.com/2011/06/17/exm-excel-maritime-carriers-improves-tc-contract/76598#comments</comments>
		<pubDate>Fri, 17 Jun 2011 14:50:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76598</guid>
		<description><![CDATA[Excel Maritime Carriers Ltd. (EXM), a leading worldwide seaborne transporter for dry bulk cargoes, recently improved and consolidated the time charter contracts for its fleets. The company announced that it has entered into 2-year time charter agreement with first class European charterers for 2 of its Kamsarmax vessels, M/V Coal Hunter and M/V Santa Barbara. The gross daily average TC rate will be $15,000 for the first year. For the second year, the daily TC rate will be linked to Baltic Panamax Index with a floor rate of $14,000 per day coupled with a profit sharing agreement. With these two new time charter deals, currently Excel Maritime secured under time charter employment of 74% of its operating days for the rest of 2011. The situation has markedly improved from where ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/17/exm-excel-maritime-carriers-improves-tc-contract/76598/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/05/18/exm-excel-maritime-carriers-bear-of-the-day/74372</link>
		<comments>http://www.stockbloghub.com/2011/05/18/exm-excel-maritime-carriers-bear-of-the-day/74372#comments</comments>
		<pubDate>Wed, 18 May 2011 18:09:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74372</guid>
		<description><![CDATA[We downgrade our recommendation on Excel Maritime (EXM) to Underperform backed by the gloomy near-term prospects of the drybulk shipping industry. This sector is facing serious challenges, where the spot vessel rates collapsed even below the rate during the recession. We believe the sole reason for this dismal condition is the sheer increase of ships under operation that resulted in intense price competition. The spot rate has fallen to such a low level that even surging commodity prices in the Asian markets failed to offset the loss of the vessel owners. Furthermore, Excel Maritime took a severe hit on its time charter equivalent rate in the last quarter. We believe continuation of this pricing trend may significantly jeopardize the company&#8217;s future financials. We do not find any near-term catalyst. Additionally, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/18/exm-excel-maritime-carriers-bear-of-the-day/74372/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(OSG) Overseas Shipholding Group Beats Estimates</title>
		<link>http://www.stockbloghub.com/2011/05/05/osg-overseas-shipholding-group-beats-estimates/73238</link>
		<comments>http://www.stockbloghub.com/2011/05/05/osg-overseas-shipholding-group-beats-estimates/73238#comments</comments>
		<pubDate>Thu, 05 May 2011 15:49:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[FRO]]></category>
		<category><![CDATA[Frontline Limited]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Overseas Shipholding Group Inc]]></category>
		<category><![CDATA[Teekay Corporation]]></category>
		<category><![CDATA[TK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73238</guid>
		<description><![CDATA[Overseas Shipholding Group Inc. (OSG), the second largest independent oil tanker company in the world, reported mounting losses in the first quarter of 2011. Despite this, quarterly results beat the Zacks Consensus Estimates. Overseas Shipholding has a massive 80% spot exposure. The average spot rate of oil tanker fell 77% in the last quarter, which significantly eroded the company’s bottom line. Quarterly GAAP net loss was $34.6 million or a loss of $1.15 per share compared with a net loss of $9.4 million or a loss of 34 cents per share in the prior-year quarter. However, first-quarter 2011 adjusted EPS of a loss of $1.15 was narrower than the Zacks Consensus Estimate of a loss of $1.53. The previous quarter was the company’s eighth straight quarter, where is incurred losses. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/05/osg-overseas-shipholding-group-beats-estimates/73238/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers Earnings Outperform</title>
		<link>http://www.stockbloghub.com/2011/05/04/exm-excel-maritime-carriers-earnings-outperform/73191</link>
		<comments>http://www.stockbloghub.com/2011/05/04/exm-excel-maritime-carriers-earnings-outperform/73191#comments</comments>
		<pubDate>Wed, 04 May 2011 16:37:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73191</guid>
		<description><![CDATA[Yesterday after market close, Excel Maritime Carriers Ltd. (EXM), a global dry bulk carrier, declared solid financial results for the first quarter of 2011. GAAP net loss in the first quarter of 2011 was $1 million or a loss of 1 cent per share compared with a net income of $67.3 million or 82 cents per share in the year-ago quarter. However, the quarterly adjusted (excluding special-items) EPS of 1 cent was in contrast to the Zacks Consensus Estimate of a loss of 4 cents. Quarterly total revenue was a little over $98.1 million compared with $172.2 million in the prior-year quarter. This huge reduction was primarily attributable to extremely volatile freight environment in the global drybulk shipping industry. Nevertheless, quarterly Voyage revenue of $97.3 was well above the Zacks ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/04/exm-excel-maritime-carriers-earnings-outperform/73191/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRYS) DryShips Analyst Maintains Underperform on Shares</title>
		<link>http://www.stockbloghub.com/2011/04/13/drys-dryships-analyst-maintains-underperform-on-shares/71174</link>
		<comments>http://www.stockbloghub.com/2011/04/13/drys-dryships-analyst-maintains-underperform-on-shares/71174#comments</comments>
		<pubDate>Wed, 13 Apr 2011 16:37:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71174</guid>
		<description><![CDATA[We reiterate our Underperform recommendation on DryShips Inc. (DRYS). The company’s fourth quarter of fiscal 2010 financial results were well below the Zacks Consensus Estimates. The drybulk shipping industry is facing serious challenges, where the vessel rate collapsed even below the rate during the recession. We believe the sole reason for this dismal condition is the sheer increase of ships under operation that resulted in intense price competition. Due to lack of near-term foresight, most of the vessel operators had ordered large number of newbuild ships in several docks. In 2010, total 210 newbuild ships were delivered and in 2011 another 241 ships are expected to be operational. Glut of ships resulted in severe cut-throat price competition. Major competitors of DryShips are Diana Shipping Inc. (DSX), Genco Shipping &#38; Trading ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/13/drys-dryships-analyst-maintains-underperform-on-shares/71174/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRYS) DryShips Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/04/11/drys-dryships-incorporated-bear-of-the-day-2/71156</link>
		<comments>http://www.stockbloghub.com/2011/04/11/drys-dryships-incorporated-bear-of-the-day-2/71156#comments</comments>
		<pubDate>Mon, 11 Apr 2011 14:01:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71156</guid>
		<description><![CDATA[We reiterate our Underperform recommendation on DryShips, Inc. (DRYS). The company&#8217;s fourth quarter of fiscal 2010 financial results were well below the Zacks Consensus Estimates. The drybulk shipping industry is facing serious challenges, where the vessel rate collapsed even below the rate during the recession. We believe the sole reason for this dismal condition is the sheer increase of ships under operation that have resulted in intense price competition. The spot rate has fallen to such a low level that even surging commodity prices in the Asian markets failed to offset the loss of the vessel owners. We believe continuation of this pricing trend may significantly jeopardize DryShips future financials. The company is highly leveraged with nearly $2.33 billion of net debt at the end of fiscal 2010. We also ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRYS) DryShips Issues $500 Million in Senior Notes</title>
		<link>http://www.stockbloghub.com/2011/04/09/drys-dryships-issues-500-million-in-senior-notes/70692</link>
		<comments>http://www.stockbloghub.com/2011/04/09/drys-dryships-issues-500-million-in-senior-notes/70692#comments</comments>
		<pubDate>Sat, 09 Apr 2011 19:24:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70692</guid>
		<description><![CDATA[A global shipping company that specializes in carrying dry bulk commodities and drilling rigs, DryShips Inc. (DRYS) recently announced the issuance of senior notes worth $500 million through private placement. These senior notes have been registered under the Norwegian Securities Trading Regulation and will only be issued to Norwegian professional investors. Hence, these senior notes will not be issued to U.S investors as these debt instruments will not be registered under the Securities Exchange Commissions (SEC) Act  or other applicable securities laws in other jurisdictions. It is believed that the fund to be raised through this debt financing scheme will be utilized to build new drillships for their parent company, Ocean RigUDW Inc. Drybulk shipping industry is highly competitive and fragmented. Fifteen new drilling units are expected to become operational ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/09/drys-dryships-issues-500-million-in-senior-notes/70692/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(EXM) Excel Maritime Carriers Reports Mixed Fourth Quarter</title>
		<link>http://www.stockbloghub.com/2011/03/08/exm-excel-maritime-carriers-reports-mixed-fourth-quarter/67844</link>
		<comments>http://www.stockbloghub.com/2011/03/08/exm-excel-maritime-carriers-reports-mixed-fourth-quarter/67844#comments</comments>
		<pubDate>Wed, 09 Mar 2011 05:35:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67844</guid>
		<description><![CDATA[Yesterday after market close, Excel Maritime Carriers Ltd. (EXM), a global dry bulk carrier, declared mixed financial results for the fourth quarter of 2010. However, in after market trade on NASDAQ, the stock price of Excel Maritime was down 22 cents (4.21%) to $5.0. GAAP net income in the fourth quarter of 2010 was $63.6 million or 76 cents per share compared with a net income of $81.8 million or $1 per share in the year-ago quarter. However, quarterly adjusted (excluding special-items) EPS of 14 cents was a penny shy of the Zacks Consensus Estimate. Quarterly total revenue was a little over $158 compared with $186.2 million in the prior-year quarter. This huge reduction was primarily attributable to extremely volatile freight environment of the global drybulk shipping industry. Nevertheless, Voyage ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/08/exm-excel-maritime-carriers-reports-mixed-fourth-quarter/67844/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DRYS) DryShips Analyst Downgrades Shares to Underperform</title>
		<link>http://www.stockbloghub.com/2011/02/14/drys-dryships-analyst-downgrades-shares-to-underperform/66824</link>
		<comments>http://www.stockbloghub.com/2011/02/14/drys-dryships-analyst-downgrades-shares-to-underperform/66824#comments</comments>
		<pubDate>Mon, 14 Feb 2011 20:28:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66824</guid>
		<description><![CDATA[We downgrade our recommendation for DryShips Inc. (DRYS) to Underperform, ahead of its fourth quarter 2010 financial results. Drybulk shipping industry is going through an extreme depressive situation. Despite improving global macroeconomic scenario, the financial condition of this industry is worse than what it was a year or two ago. This is solely attributable to non-economic decision taken by the shipping companies in 2008 just before the beginning of worldwide decisions. Due to lack of near-term foresight, most of the vessel operators had ordered a large number of newbuild ships in several docks. Glut of ships are resulting in severe cut-throat price competition. Capesize vessels, which are mainly used for drybulk goods, faced a major brunt of this competition. In the spot market, capesize vessel rate fell below $7,000 per ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/14/drys-dryships-analyst-downgrades-shares-to-underperform/66824/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DRYS) DryShips Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/02/14/drys-dryships-incorporated-bear-of-the-day/66883</link>
		<comments>http://www.stockbloghub.com/2011/02/14/drys-dryships-incorporated-bear-of-the-day/66883#comments</comments>
		<pubDate>Mon, 14 Feb 2011 17:51:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66883</guid>
		<description><![CDATA[We downgrade our recommendation for DryShips Inc. (DRYS) to Underperform ahead of its fourth quarter 2010 financial results. The drybulk shipping industry is through its most depressive situation where the vessel rate collapsed even below the rate under recession just a year ago. The spot rate has fallen to such a low level that even surging commodity prices in the Asian markets will fail to offset the loss of the vessel owners. We believe continuation of this pricing trend may significantly jeopardize DryShips&#8217; future financials. The company is highly leveraged with nearly $2.3 billion of net debt at the end of the third quarter of 2010. We believe recent decision of DryShips to acquire 12 new oil tankers may not be able to generate required synergies due to weak global ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/14/drys-dryships-incorporated-bear-of-the-day/66883/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(DRYS) DryShips Earns Drilling Contracts</title>
		<link>http://www.stockbloghub.com/2011/01/04/drys-dryships-earns-drilling-contracts/64469</link>
		<comments>http://www.stockbloghub.com/2011/01/04/drys-dryships-earns-drilling-contracts/64469#comments</comments>
		<pubDate>Wed, 05 Jan 2011 06:44:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=64469</guid>
		<description><![CDATA[DryShips Inc. (DRYS) is gradually converting itself as an ultra-deep water drilling company rather than continuing as a simple drybulk cargo operator. Today, the company announced that two drillships of its subsidiary Ocean Rig UDW Inc. have entered into a definitive agreement with Cairn Energy plc for a period of six months. These drillships are “Leiv Eiriksson” and “Ocean Rig Corcovado.” Total contract value for the “Leiv Eiriksson” including mobilization charge is around $95 million whereas total contract value including mobilization and winterization of the &#8220;Ocean Rig Corcovado&#8221; is approximately $142 million. DryShips is steadily transforming itself as a drillship company from a drybulk cargo operator. Therefore, both the top line and bottom line are benefiting from lucrative ultra deep-water oil drilling industry. The company announced that the rates for ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/01/04/drys-dryships-earns-drilling-contracts/64469/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRYS) DryShips Incorporated &#8211; No Rebound in Shipping Stocks</title>
		<link>http://www.stockbloghub.com/2010/12/20/drys-dryships-incorporated-no-rebound-in-shipping-stocks/60382</link>
		<comments>http://www.stockbloghub.com/2010/12/20/drys-dryships-incorporated-no-rebound-in-shipping-stocks/60382#comments</comments>
		<pubDate>Mon, 20 Dec 2010 22:36:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60382</guid>
		<description><![CDATA[Is it finally time to buy the dry bulk shippers? DryShips Inc. (DRYS) has surprised on estimates 3 out of the last 4 quarters but investors don&#8217;t seem to care as shares have been mired in a narrow trading range. Yet DryShips is cheap. It is trading at just 4.9x forward estimates. DryShips is somewhat unique in the shipping industry in that it operates both drybulk carriers and also offshore oil deep water drilling units. The dry bulk fleet has a capacity of over 3.5 million deadweight tons and operates 39 drybulk carriers Incorporatedluding 7 Capesize, 30 Panamax and 2 Supramax carriers. The company&#8217;s offshore oil deep water drilling division operates 2 ultra deep water semisubmersible drilling rigs and 4 ultra deep water newbuilding drillships. No Rebound in Shipping Stocks ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/20/drys-dryships-incorporated-no-rebound-in-shipping-stocks/60382/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(FRO) Frontline Limited &#8211; Surprised by 40.6% in the First Quarter</title>
		<link>http://www.stockbloghub.com/2010/05/28/fro-frontline-limited-surprised-by-40-6-in-the-first-quarter/38818</link>
		<comments>http://www.stockbloghub.com/2010/05/28/fro-frontline-limited-surprised-by-40-6-in-the-first-quarter/38818#comments</comments>
		<pubDate>Fri, 28 May 2010 14:22:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[FRO]]></category>
		<category><![CDATA[Frontline Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38818</guid>
		<description><![CDATA[Frontline Limited (FRO) recently tripled its dividend in a surprise move after a difficult 2009 for the shipping sector. Frontline operates one of the largest fleets of oil tankers in the world. Earnings have plunged in the last 18 months as crude prices declined from record highs and the global recession sent demand into a tailspin. At the record high on oil prices in July 2008, Frontline&#8217;s earnings per share was around $9 and then it plunged to $1.32 per share in 2009. You can see the decline in the earnings in the chart below. Analysts expect some rebound into 2011 but then it looks uncertain from there. Frontline Surprised by 40.6% in the First Quarter On May 21, Frontline reported a better than expected first quarter with earnings per ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/28/fro-frontline-limited-surprised-by-40-6-in-the-first-quarter/38818/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(OSG) Overseas Shipholding Group Offers Senior Notes</title>
		<link>http://www.stockbloghub.com/2010/03/25/osg-overseas-shipholding-group-offers-senior-notes/31575</link>
		<comments>http://www.stockbloghub.com/2010/03/25/osg-overseas-shipholding-group-offers-senior-notes/31575#comments</comments>
		<pubDate>Thu, 25 Mar 2010 22:02:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Overseas Shipholding Group Inc]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31575</guid>
		<description><![CDATA[Moving ahead with its debt restructuring strategies on Monday, Overseas Shipholding Group Inc. (OSG) announced the issue of $300 million aggregate principal amount of senior notes, due 2018, taking the public offering route. For this, the company has appointed Citigroup Global Markets Inc., a wing of Citigroup Inc. (C), Morgan Stanley (MS) and HSBC Securities (USA) Inc., a division of HSBC Holdings Plc (HBC) as joint book-running managers. Overseas expects to utilize the net proceeds from the note offering to reduce or eliminate its outstanding debt obligation under an unsecured revolving credit facility. This will also help in mitigating the high interest cost for the company. Overseas Shipholding continues to take aggressive financial restructuring steps by raising capital from the market in order to relieve itself of the debt obligations ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/25/osg-overseas-shipholding-group-offers-senior-notes/31575/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(OSG) Overseas Shipholding Group Commences Stock Offering</title>
		<link>http://www.stockbloghub.com/2010/03/08/osg-overseas-shipholding-group-commences-stock-offering/29935</link>
		<comments>http://www.stockbloghub.com/2010/03/08/osg-overseas-shipholding-group-commences-stock-offering/29935#comments</comments>
		<pubDate>Mon, 08 Mar 2010 15:57:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Overseas Shipholding Group Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29935</guid>
		<description><![CDATA[Overseas Shipholding Group, Inc. (OSG) yesterday announced the beginning of the public offering of its 3,500,000 shares underwritten on its common stock. With this move, the company aims to increase its capital and enhance liquidity. At a sale price of $46.99 per share, the public stock offering is expected to raise about $165 million for OSG upon successful completion on Mar 10, 2010. For this, the company has appointed Goldman, Sachs &#38; Co. (GS) as the sole underwriter. OSG expects to utilize the net proceeds of the stock offering for general and corporate purposes that includes apportioning funds for capital expenditure and working capital of the company. OSG also expects to pay back its revolving credit facilities and other existing debt obligations from the proceeds of the stock offering. Given ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/08/osg-overseas-shipholding-group-commences-stock-offering/29935/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(OSG) Overseas Shipholding Group Beats Loss Estimate</title>
		<link>http://www.stockbloghub.com/2010/03/03/osg-overseas-shipholding-group-beats-loss-estimate/29551</link>
		<comments>http://www.stockbloghub.com/2010/03/03/osg-overseas-shipholding-group-beats-loss-estimate/29551#comments</comments>
		<pubDate>Wed, 03 Mar 2010 22:59:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Overseas Shipholding Group Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29551</guid>
		<description><![CDATA[Overseas Shipholding Group, Inc.’s (OSG) fourth quarter operating loss per share of 59 cents came in substantially better than the Zacks Consensus Estimate of a loss of $1.21 on lower operating expenses. This excluded 23 cents per share associated with tender settlement, 3 cents related to a negative change in unrealized freight derivative positions and 2 cents for loss of vessel sales. Results reflected lower operating expenses on rigorous re-engineering efforts and cost control. However, this was offset by weak top-line growth due to feeble demand that led to lower average spot rates and net reduction in the operating fleet compared to the prior-year period. OSG’s GAAP net loss was $23.2 million or 86 cents per share compared to the net loss of $79.5 million or $2.89 in the year-ago ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(GLNG) Golar LNG Limited Swings to Profit</title>
		<link>http://www.stockbloghub.com/2010/03/01/glng-golar-lng-limited-swings-to-profit/29380</link>
		<comments>http://www.stockbloghub.com/2010/03/01/glng-golar-lng-limited-swings-to-profit/29380#comments</comments>
		<pubDate>Mon, 01 Mar 2010 23:22:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[GLNG]]></category>
		<category><![CDATA[Golar LNG Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29380</guid>
		<description><![CDATA[Golar LNG Ltd. (GLNG) reported its fourth quarter results on Friday. The company swung to a net income of $17.4 million, from a net loss of $1 million in the previous quarter. Excluding certain special items, earnings per share came in at 19 cents during the quarter, which easily topped the Zacks Consensus Estimate of 13 cents. Golar is a mid-stream LNG company engaged in the acquisition, ownership, operation and chartering of LNG carriers and floating storage re-gasification units (FSRUs). At the end of the quarter, the company’s portfolio (including subsidiaries) consisted of 13 vessels and a 50% equity stake in an LNG carrier. The Bermuda-based company recorded a strong 30.2% growth in operating revenues to $65.5 million from $50.3 million in the previous quarter. The growth was primarily driven ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/01/glng-golar-lng-limited-swings-to-profit/29380/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DRYS) DryShips&#8217; Fourth Quarter Report Misses by a Penny</title>
		<link>http://www.stockbloghub.com/2010/02/28/drys-dryships-fourth-quarter-report-misses-by-a-penny/29137</link>
		<comments>http://www.stockbloghub.com/2010/02/28/drys-dryships-fourth-quarter-report-misses-by-a-penny/29137#comments</comments>
		<pubDate>Mon, 01 Mar 2010 04:29:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29137</guid>
		<description><![CDATA[DryShips, Inc.’s (DRYS) fourth-quarter earnings of 23 cents per share were a penny short of the Zacks Consensus Estimate of 24 cents. This excludes a loss of $64.4 million or 24 cents per share associated with various one-time items. However, earnings for the quarter were down substantially from 43 cents in the prior-year quarter. GAAP net loss for the quarter was 1 cent per share, compared to a loss of $18.42 in the prior-year quarter. Earnings for the quarter were aided primarily by the continued performance of both DryShips’ drilling and drybulk units at high utilization rates. China was the driving force in the dry bulk market last year with iron ore and coal imports increasing over the prior year at a record pace. DryShips expects commodity demand to increase ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/28/drys-dryships-fourth-quarter-report-misses-by-a-penny/29137/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(FRO) As the Oil Contango Unwinds &#8211; Here’s How To Profit From Shipping Rates</title>
		<link>http://www.stockbloghub.com/2010/01/14/fro-as-the-oil-contango-unwinds-here%e2%80%99s-how-to-profit-from-shipping-rates/25021</link>
		<comments>http://www.stockbloghub.com/2010/01/14/fro-as-the-oil-contango-unwinds-here%e2%80%99s-how-to-profit-from-shipping-rates/25021#comments</comments>
		<pubDate>Thu, 14 Jan 2010 22:26:47 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[FRO]]></category>
		<category><![CDATA[Frontline Limited]]></category>
		<category><![CDATA[Knightsbridge Tankers Limited]]></category>
		<category><![CDATA[Teekay Corporation]]></category>
		<category><![CDATA[TK]]></category>
		<category><![CDATA[VLCCF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25021</guid>
		<description><![CDATA[by Matthew Weinschenk, Contributing Editor Thursday, January 14, 2010: Issue #1175 If there’s one thing we’ve learned over the past year or two, it’s that there are plenty of charlatans who’ll exploit any edge they can to make a quick buck. From “flash trading” to bundling dodgy mortgage-backed securities, these Gordon Gekko wannabes often leave the little guys on the sidelines, while the big institutions skim all the profits. But today, we’re going to turn the tables on them. Here’s how… The Oil Contango: How To Profit From This Big Trend Reversal A year ago, I discussed an intriguing situation in the oil market that was ripe for monster gains. It’s called a contango – a concept that I labeled “the best buy-and-hold for 2009.” Simply put, this scenario occurs ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/14/fro-as-the-oil-contango-unwinds-here%e2%80%99s-how-to-profit-from-shipping-rates/25021/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DRYS) DryShips Closes $400 Million Notes Offering</title>
		<link>http://www.stockbloghub.com/2009/12/01/drys-dryships-closes-400-million-notes-offering/21648</link>
		<comments>http://www.stockbloghub.com/2009/12/01/drys-dryships-closes-400-million-notes-offering/21648#comments</comments>
		<pubDate>Wed, 02 Dec 2009 00:45:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21648</guid>
		<description><![CDATA[DryShips Inc. (DRYS) on Nov. 25 announced that it has closed its previously announced $400 million notes offering. The offering, which was increased to $400 million from $300 million as planned originally, has generated proceeds of $448 million. The underwriter has purchased the full over-allotted notes and purchased an additional $60 million notes on similar terms. The notes will not be listed on any securities exchange nor included in any automatic quotation system. The company had announced on Nov. 19 to issue $400 million of notes due Dec 2014, with interest payable June 1 and Dec. 1 of each year, beginning from June 2010. The notes will be denominated as senior unsecured obligations and will be at par in right of payment to all other senior unsecured debt. The net ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(GLNG) Golar LNG Swings to an Earnings Loss</title>
		<link>http://www.stockbloghub.com/2009/11/30/glng-golar-lng-swings-to-an-earnings-loss/21559</link>
		<comments>http://www.stockbloghub.com/2009/11/30/glng-golar-lng-swings-to-an-earnings-loss/21559#comments</comments>
		<pubDate>Tue, 01 Dec 2009 00:49:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[GLNG]]></category>
		<category><![CDATA[Golar LNG Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21559</guid>
		<description><![CDATA[Golar LNG Ltd. (GLNG) reported third-quarter results on Friday. The company swung to a net loss of $1.0 million, from a net income of $11.8 million in the previous quarter, which included a gain of $22.8 million related to non-cash interest rate and equity swap valuation. Loss per basic share came in at 2 cents during the third quarter, which matched the Zacks Consensus Estimate. Golar is a mid-stream LNG company engaged in the acquisition, ownership, operation and chartering of LNG carriers and floating storage re-gasification units (FSRUs). At the end of the quarter, the company’s portfolio (including subsidiaries) consisted of 13 vessels and a 50% equity stake in an LNG carrier. The Bermuda-based company said operating revenues grew 7.5% to $50.3 million from $46.8 million in the previous quarter. ]]></description>
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		<title>($DRYS) DryShips Inc. &#8211; Earnings Surprised by 28.57% in the Third Quarter</title>
		<link>http://www.stockbloghub.com/2009/11/18/drys-dryships-inc-earnings-surprised-by-28-57-in-the-third-quarter/20829</link>
		<comments>http://www.stockbloghub.com/2009/11/18/drys-dryships-inc-earnings-surprised-by-28-57-in-the-third-quarter/20829#comments</comments>
		<pubDate>Wed, 18 Nov 2009 17:34:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20829</guid>
		<description><![CDATA[DryShips Inc. (DRYS) is now a Zacks #1 Rank (strong buy) stock as estimates rise after a tough year where earnings per share dropped by 90%. The stock is now cheap, trading at just 6.6x forward earnings. Company Description DryShips operates drybulk carriers and offshore oil deep water drilling worldwide. The dry bulk fleet has a capacity of over 3.4 million deadweight tons and operates 39 drybulk carriers Incorporatedluding 7 Capesize, 30 Panamax and 2 Supramax carriers. The company&#8217;s offshore oil deep water drilling division operates 2 ultra deep water semisubmersible drilling rigs and 4 ultra deep water newbuilding drillships. DryShips Surprised by 28.57% in the Third Quarter On Oct 26, DryShips reported its third quarter results and beat the Zacks Consensus Estimate by 6 cents. Earnings per share were ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(EXM) Excel Maritime Carriers Exceeds Earnings Estimates</title>
		<link>http://www.stockbloghub.com/2009/11/14/exm-excel-maritime-carriers-exceeds-earnings-estimates/20451</link>
		<comments>http://www.stockbloghub.com/2009/11/14/exm-excel-maritime-carriers-exceeds-earnings-estimates/20451#comments</comments>
		<pubDate>Sun, 15 Nov 2009 00:21:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20451</guid>
		<description><![CDATA[Excel Maritime Carriers Ltd’s (EXM) third-quarter earnings of 81 cents per share were substantially ahead of the Zacks Consensus Estimate of 3 cents. Last year, the company reported earnings of $2.81. Revenue from operations amounted to $174.4 million as compared to $231.6 million last year. Decline in revenues was brought about by an amortization charge of $76.4 million relating to the acquisition of Quintana as well as a decline in voyage revenues. Operating expenses increased 1.6% year-over-year to $90.9 million, mainly due to an increase in general administrative expenses. Adjusted earnings before interest taxes depreciation and amortization (EBITDA) for the quarter came to $59.1 million, compared to $110.1 million for the year ago quarter. An average of 47 vessels were operated during the quarter, earning a blended average time charter ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/14/exm-excel-maritime-carriers-exceeds-earnings-estimates/20451/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DRYS) DryShips Beats, Results Hurt</title>
		<link>http://www.stockbloghub.com/2009/10/27/drys-dryships-beats-results-hurt/18899</link>
		<comments>http://www.stockbloghub.com/2009/10/27/drys-dryships-beats-results-hurt/18899#comments</comments>
		<pubDate>Wed, 28 Oct 2009 03:40:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18899</guid>
		<description><![CDATA[DryShips, Inc.’s (DRYS) third-quarter earnings of 27 cents per share were 6 cents ahead of the Zacks Consensus Estimate. This excludes a loss of $39.3 million or 15 cents per share associated with the valuation of the company’s interest rate swaps. However, earnings were down substantially from $3.53 per share in the prior-year quarter. GAAP net income for the quarter came in at $35.6 million or 12 cents per share, compared to $180.0 million, or $4.13 per share in the prior-year quarter. The better-than-expected earnings were aided primarily by the performance of drilling and drybulk units at high utilization rates. Revenues decreased 30.4% year-over-year to $228.2 million. An average of 38.5 vessels were operated for 3,492 voyage days during the third quarter of 2009 earning an average time charter equivalent ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/27/drys-dryships-beats-results-hurt/18899/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DRYS) The Baltic Dry Index: A Solid Gauge of Global Economic Health</title>
		<link>http://www.stockbloghub.com/2009/10/14/drys-the-baltic-dry-index-a-solid-gauge-of-global-economic-health/17561</link>
		<comments>http://www.stockbloghub.com/2009/10/14/drys-the-baltic-dry-index-a-solid-gauge-of-global-economic-health/17561#comments</comments>
		<pubDate>Wed, 14 Oct 2009 15:55:58 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Claymore-Delta Global Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>
		<category><![CDATA[Eagle Bulk Shipping Inc]]></category>
		<category><![CDATA[EGLE]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>
		<category><![CDATA[SEA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17561</guid>
		<description><![CDATA[Tony Daltorio, Investment U Research Funny how bulls and bears can look at exactly the same data, yet come to completely different opinions. Take the Baltic Dry Index, which measures charter rates for ships carrying bulk commodities, for example. Bulls use a high reading as proof that worldwide demand is picking up, whereas bears see it in a more pessimistic light. And with the index down nearly 50% from its June 3 high, bears claim it shows the fragility of demand in China, which drives much of the global demand for commodities. But I believe the Baltic Dry Index is a key gauge of global economic activity. And it begs two questions. What is it doing and how can we make money from it? The Baltic Dry Index &#38; China’s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/14/drys-the-baltic-dry-index-a-solid-gauge-of-global-economic-health/17561/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(GLNG) Golar LNG&#8217;s Q2 Better than Expected</title>
		<link>http://www.stockbloghub.com/2009/08/31/glng-golar-lngs-q2-better-than-expected/13948</link>
		<comments>http://www.stockbloghub.com/2009/08/31/glng-golar-lngs-q2-better-than-expected/13948#comments</comments>
		<pubDate>Mon, 31 Aug 2009 21:21:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[GLNG]]></category>
		<category><![CDATA[Golar LNG Ltd.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13948</guid>
		<description><![CDATA[Golar LNG Ltd. (GLNG) posted second-quarter results on Friday. The company said GAAP net income rose to $11.9 million, compared to $11.7 million in the year-ago quarter primarily due to a gain related to non-cash interest rate and equity swap valuation. Excluding this gain, loss per share came in at 7 cents, better than the Zacks Consensus Estimate for a 10-cent loss. Golar is a mid-stream LNG company engaged in the acquisition, ownership, operation and chartering of LNG carriers and floating storage re-gasification units (FSRUs).  At the end of the quarter, the company’s portfolio consisted of 13 vessels and a 50% equity stake in a LNG carrier. The Bermuda-based company said operating revenues fell 10.8% year over year to $46.8 million. The decline was primarily caused by the fact that ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/31/glng-golar-lngs-q2-better-than-expected/13948/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(NAT) Nordic American Tanker – Income and More</title>
		<link>http://www.stockbloghub.com/2009/07/02/nat-nordic-american-tanker-%e2%80%93-income-and-more/9361</link>
		<comments>http://www.stockbloghub.com/2009/07/02/nat-nordic-american-tanker-%e2%80%93-income-and-more/9361#comments</comments>
		<pubDate>Fri, 03 Jul 2009 03:48:31 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[NAT]]></category>
		<category><![CDATA[Nordic American Tanker Shippin]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=9361</guid>
		<description><![CDATA[Tony Daltorio, The Investment U Research Team One sector that is extremely sensitive to global economic activity is the international shipping industry. As the financial crisis turned into a category 5 hurricane last year, it blew the entire global economy off course –and along with it, the shipping industry. The sudden drying up of credit, finance institutions and collapsing trade volumes led to a sharp drop in shipping rates. Fast forward to today, and we’re now seeing ships being backed-up in Chinese and Australian ports: demand is rising. If these are indeed signs of a bottom, then we need to look for companies positioned correctly in the right shipping sector. And this is important, because each sector in the shipping industry – container, dry bulk, and oil – is fundamentally ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/07/02/nat-nordic-american-tanker-%e2%80%93-income-and-more/9361/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ULTR) Ultrapetrol Bahamas Limited &#8211; Value &#8211; Zacks Rank Buy</title>
		<link>http://www.stockbloghub.com/2009/06/08/ultr-ultrapetrol-bahamas-limited-value-zacks-rank-buy-2/8006</link>
		<comments>http://www.stockbloghub.com/2009/06/08/ultr-ultrapetrol-bahamas-limited-value-zacks-rank-buy-2/8006#comments</comments>
		<pubDate>Mon, 08 Jun 2009 22:09:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ULTR]]></category>
		<category><![CDATA[Ultrapetrol (Bahamas) Ltd.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=8006</guid>
		<description><![CDATA[Ultrapetrol Bahamas Limited (ULTR), the South American shipper of agricultural products, minerals and crude products, reported first-quarter results on May 12 that easily beat the estimate, reporting 4 cents a share compared to the estimate of no profit. However, revenue fell to $57.8 million from $67.4 million in the first quarter of 2008 as the company grappled with both the global economic crisis as well as a historic 70-year drought which caused a sharp decline in soybean volumes. Volume in the river segment fell 9% year over year due to the reduction of iron ore that was loaded as mining companies slowed or even halted production in the quarter. However, some agricultural shipments picked up as volumes that should have shipped in the fourth quarter shipped in the first instead. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/06/08/ultr-ultrapetrol-bahamas-limited-value-zacks-rank-buy-2/8006/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ULTR) Ultrapetrol Bahamas Limited &#8211; Value &#8211; Zacks Rank Buy</title>
		<link>http://www.stockbloghub.com/2009/04/09/ultr-ultrapetrol-bahamas-limited-value-zacks-rank-buy/5344</link>
		<comments>http://www.stockbloghub.com/2009/04/09/ultr-ultrapetrol-bahamas-limited-value-zacks-rank-buy/5344#comments</comments>
		<pubDate>Fri, 10 Apr 2009 03:06:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ULTR]]></category>
		<category><![CDATA[Ultrapetrol (Bahamas) Ltd.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=5344</guid>
		<description><![CDATA[Ultrapetrol Bahamas Limited (ULTR), the South American focused shipper, reported a record 2008 as its river transportation business continued to grow. The company has surprised on estimates 4 quarters in a row by an average of 77.04%. The stock is cheap, trading at only 4.8x forward earnings. Company Description Ultrapetrol Bahamas operates a marine transportation business with three segments: River Business, Offshore Supply Business and Ocean Business. Ultrapetrol transports grain, forest products, minerals, crude oil and refined products. The company&#8217;s fleet consists of river barges and push boats, platform supply vessels, tankers oil-bulk-ore vessels and a Capesize bulk carrier. The company discontinued its passenger service segment in Dec 2008 to focus on its 3 core markets and is selling its cruise ship. Ultrapetrol is the largest operator of river barges ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/04/09/ultr-ultrapetrol-bahamas-limited-value-zacks-rank-buy/5344/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(VLCCF) Knightsbridge Tankers &#8211; distributed $8.6 million in dividend payments</title>
		<link>http://www.stockbloghub.com/2009/02/22/vlccf-knightsbridge-tankers-distributed-86-million-in-dividend-payments/3364</link>
		<comments>http://www.stockbloghub.com/2009/02/22/vlccf-knightsbridge-tankers-distributed-86-million-in-dividend-payments/3364#comments</comments>
		<pubDate>Mon, 23 Feb 2009 00:06:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Knightsbridge Tankers Limited]]></category>
		<category><![CDATA[VLCCF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=3364</guid>
		<description><![CDATA[Knightsbridge Tankers, Ltd. (VLCCF), the crude shipper, is still generating healthy cash flow even as the global economy stumbles. The company is paying a dividend yielding 6.00%. The stock is cheap. VLCCF is trading at only 4.7x forward earnings. Company Description Knightsbridge Tankers transports crude oil worldwide with a fleet of 4 double-hull crude oil carriers. Generating Cash in the 4th Quarter 2008 On Feb 6, Knightsbridge reported fourth-quarter and full year 2008 results which met analysts estimates for the fourth quarter of 45 cents per share. Net income was $7.8 million. The average daily time charter equivalents (&#8220;TCEs&#8221;) earned by the company&#8217;s 4 VLCCs fell to $43,900 from $52,800 in the prior quarter. Cash increased by $3.3 million as Knightsbridge generated $14.7 million from operating activities. It distributed $8.6 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/02/22/vlccf-knightsbridge-tankers-distributed-86-million-in-dividend-payments/3364/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(OSP) OSG America L.P. &#8211; demonstrating an ability to deliver solid earnings in a tough market</title>
		<link>http://www.stockbloghub.com/2009/02/10/osp-osg-america-lp-demonstrating-an-ability-to-deliver-solid-earnings-in-a-tough-market/2650</link>
		<comments>http://www.stockbloghub.com/2009/02/10/osp-osg-america-lp-demonstrating-an-ability-to-deliver-solid-earnings-in-a-tough-market/2650#comments</comments>
		<pubDate>Tue, 10 Feb 2009 19:48:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[OSG America L.P.]]></category>
		<category><![CDATA[OSP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=2650</guid>
		<description><![CDATA[OSG America L.P.&#8217;s (OSP) share price has more than doubled since bottoming out just above $3 in early December. In the meantime, the current-year estimate continues to advance. Company Description OSG America L.P. operates carriers and barges for transporting refined petroleum products primarily in the United States. The company operates as a subsidiary of Overseas Shipholding Group, Inc. and has a market cap of $236 million. Distributions Declared On Jan 23 OSG announced that it will distribute .375 cents per share for the period between Oct 1, 2008 and Dec 31, 2008. The distribution will be paid on Feb 12 to shareholders on record as of Feb, 2009. Analyst Estimates The analyst community has been bullish on this Zacks #1 rank stock for the last few months, with the current-year ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/02/10/osp-osg-america-lp-demonstrating-an-ability-to-deliver-solid-earnings-in-a-tough-market/2650/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(FRO) More Facts on the New World Oil…</title>
		<link>http://www.stockbloghub.com/2009/01/22/fro-more-facts-on-the-new-world-oil%e2%80%a6/2272</link>
		<comments>http://www.stockbloghub.com/2009/01/22/fro-more-facts-on-the-new-world-oil%e2%80%a6/2272#comments</comments>
		<pubDate>Thu, 22 Jan 2009 19:44:33 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[FRO]]></category>
		<category><![CDATA[Frontline Ltd.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=2272</guid>
		<description><![CDATA[More Facts on the New World Oil… By Matt Weinschenk, Senior Analyst, White Cap Report You may have read the brief post/article from last week detailing the madness in oil markets and the glaring profit opportunity available to those with means. (If not, read the whole article here.) Well those with means have heard the call. Alaric Nightingale at Bloomberg is reporting that Morgan Stanley has hired the supertanker Argenta to store 2 million barrels of oil out at sea for $68,000. A quick “back-of-the-envelope” calculation shows a profit of $10 million in the thirty-one days between today and the March futures expiration. They’ve got to find new ways to profit, since that whole “investment-banking thing” didn’t work out. Meanwhile, Frontline (NYSE: FRO), one of the stocks mentioned in last ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/01/22/fro-more-facts-on-the-new-world-oil%e2%80%a6/2272/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(TK) Contango: The Most Profitable “Buy-and-Hold” for 2009</title>
		<link>http://www.stockbloghub.com/2009/01/22/tk-contango-the-most-profitable-%e2%80%9cbuy-and-hold%e2%80%9d-for-2009/2194</link>
		<comments>http://www.stockbloghub.com/2009/01/22/tk-contango-the-most-profitable-%e2%80%9cbuy-and-hold%e2%80%9d-for-2009/2194#comments</comments>
		<pubDate>Thu, 22 Jan 2009 19:37:11 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[FRO]]></category>
		<category><![CDATA[Frontline Ltd.]]></category>
		<category><![CDATA[Marathon Oil Corp.]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[Teekay Corporation]]></category>
		<category><![CDATA[TK]]></category>
		<category><![CDATA[Valero Energy Corp.]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=2194</guid>
		<description><![CDATA[Contango: The Most Profitable “Buy-and-Hold” for 2009 by Matt Weinschenk, Senior Analyst, White Cap Report A different buy-and-hold strategy has become the #1 profit-maker for 2009. And I’m not talking about stocks. Direct investments in oil, right now, are paying off in spades. And it’s because oil markets are… well, totally screwed up. Right now, you can buy oil for $36 a barrel. And you can lock in a contract to trade oil in June for $51.30. When futures prices are higher than current prices, it’s a situation called “contango.” Oil markets expect a little bit of contango, but the spreads we’re seeing today are off the charts. Of course, any time there is a market anomaly this severe, there’s got to be a way to profit. The Forbidden Contango The ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/01/22/tk-contango-the-most-profitable-%e2%80%9cbuy-and-hold%e2%80%9d-for-2009/2194/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(FRO) Baltic Dry Index Floats Shippers</title>
		<link>http://www.stockbloghub.com/2008/12/17/fro-baltic-dry-index-floats-shippers/1753</link>
		<comments>http://www.stockbloghub.com/2008/12/17/fro-baltic-dry-index-floats-shippers/1753#comments</comments>
		<pubDate>Wed, 17 Dec 2008 18:03:30 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[FRO]]></category>
		<category><![CDATA[Frontline Ltd.]]></category>
		<category><![CDATA[KEX]]></category>
		<category><![CDATA[Kirby Corp.]]></category>
		<category><![CDATA[NAT]]></category>
		<category><![CDATA[Nordic American Tanker Shippin]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/2008/12/17/fro-baltic-dry-index-floats-shippers/1753</guid>
		<description><![CDATA[Baltic Dry Index Floats Shippers The Baltic Dry Index (BDI) is up over 10% to 711 in the past few weeks. It doesn&#8217;t mean much, considering it&#8217;s down over 93% for the year. In fact, if you consider this move in terms of this summer&#8217;s price high of 11,793 &#8211; it&#8217;s moved barely half a percent. But that doesn&#8217;t mean you shouldn&#8217;t be keeping an eye on the BDI. The BDI is the price used to determine global shipping rates and prices. Like blood pressure does for humans, BDI measures the flow of goods for the economies of the world. And just like us, excessively low or high readings are bad. Because it isn&#8217;t traded, the BDI cannot be moved artificially. It&#8217;s one of the best ways to judge the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/12/17/fro-baltic-dry-index-floats-shippers/1753/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(CKH) SEACOR Holdings Inc &#8211; offers environmental response to governments and industry, especially in oil spill response and hazardous material clean-up</title>
		<link>http://www.stockbloghub.com/2008/11/12/ckh-seacor-holdings-inc-offers-environmental-response-to-governments-and-industry-especially-in-oil-spill-response-and-hazardous-material-clean-up/1292</link>
		<comments>http://www.stockbloghub.com/2008/11/12/ckh-seacor-holdings-inc-offers-environmental-response-to-governments-and-industry-especially-in-oil-spill-response-and-hazardous-material-clean-up/1292#comments</comments>
		<pubDate>Wed, 12 Nov 2008 15:55:37 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[CKH]]></category>
		<category><![CDATA[VitalStocks]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=1292</guid>
		<description><![CDATA[SEACOR Holdings Inc. (CKH) is making profit off of its diverse range of shipping services. The company has surprised on estimates 2 out of the last 4 quarters on average of 5.91%. CKH is cheap. It&#8217;s trading at only 7.8x forward earnings. Company Description SEACOR provides marine support and transportation services mainly to the energy and chemical industries worldwide. The company&#8217;s services include offshore services, U.S. coastwise shipping, aviation services, and offshore and harbor towing services. SEACOR, a Zacks #1 Rank (strong buy), also operates dry and liquid bulk commodity barges along the U.S. inland waterways and offers environmental response to governments and industry, especially in oil spill response and hazardous material clean-up. SEACOR Beat Wall Street Estimates for the Third Quarter by 27.54% On Oct 22, SEACOR reported third-quarter ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/11/12/ckh-seacor-holdings-inc-offers-environmental-response-to-governments-and-industry-especially-in-oil-spill-response-and-hazardous-material-clean-up/1292/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ULTR) &#8211; Ultrapetrol &#8211; surprised the last two quarters by an average of 135.90%</title>
		<link>http://www.stockbloghub.com/2008/10/02/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-4/757</link>
		<comments>http://www.stockbloghub.com/2008/10/02/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-4/757#comments</comments>
		<pubDate>Thu, 02 Oct 2008 12:00:32 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ULTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001757/2008/10/02/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-4</guid>
		<description><![CDATA[Ultrapetrol is expanding its river system business as commodities shipping booms. The company reported record revenues in the second quarter as revenues rose 50%. Ultrapetrol has surprised the last two quarters by an average of 135.90%. It&#8217;s trading at only 5.1x forward earnings. Company Description Ultrapetrol Bahamas Limited (ULTR) is an international industrial shipping company that transports grain, vegetable oils, minerals, crude, petroleum and supplies the offshore oil platform market and the leisure passenger cruise market.The company, a Zacks #1 Rank (Strong Buy), operates 591 barges Incorporatedluding river barges and pushboats that transport dry bulk and liquid cargoes in rivers throughout South America that feed to ocean ports. It is the largest operator through the Hidrovia Region of South America, which is rich in agriculture, forests and mineral resources. ULTR&#8217;s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/10/02/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-4/757/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ULTR) &#8211; Ultrapetrol &#8211; surprised the last two quarters by an average of 135.90%</title>
		<link>http://www.stockbloghub.com/2008/09/26/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-3/713</link>
		<comments>http://www.stockbloghub.com/2008/09/26/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-3/713#comments</comments>
		<pubDate>Fri, 26 Sep 2008 13:00:51 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ULTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001713/2008/09/26/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-3</guid>
		<description><![CDATA[Ultrapetrol is expanding its river system business as commodities shipping booms. The company reported record revenues in the second quarter as revenues rose 50%. Ultrapetrol has surprised the last two quarters by an average of 135.90%. It&#8217;s trading at only 5.1x forward earnings. Company Description Ultrapetrol Bahamas Limited (ULTR) is an international industrial shipping company that transports grain, vegetable oils, minerals, crude, petroleum and supplies the offshore oil platform market and the leisure passenger cruise market.The company, a Zacks #1 Rank (Strong Buy), operates 591 barges Incorporatedluding river barges and pushboats that transport dry bulk and liquid cargoes in rivers throughout South America that feed to ocean ports. It is the largest operator through the Hidrovia Region of South America, which is rich in agriculture, forests and mineral resources. ULTR&#8217;s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/26/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-3/713/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ULTR) &#8211; Ultrapetrol &#8211; surprised the last two quarters by an average of 135.90%</title>
		<link>http://www.stockbloghub.com/2008/09/23/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-2/681</link>
		<comments>http://www.stockbloghub.com/2008/09/23/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-2/681#comments</comments>
		<pubDate>Tue, 23 Sep 2008 15:40:22 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ULTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001681/2008/09/23/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-2</guid>
		<description><![CDATA[Ultrapetrol is expanding its river system business as commodities shipping booms. The company reported record revenues in the second quarter as revenues rose 50%. Ultrapetrol has surprised the last two quarters by an average of 135.90%. It&#8217;s trading at only 5.1x forward earnings. Company Description Ultrapetrol Bahamas Limited (ULTR) is an international industrial shipping company that transports grain, vegetable oils, minerals, crude, petroleum and supplies the offshore oil platform market and the leisure passenger cruise market.The company, a Zacks #1 Rank (Strong Buy), operates 591 barges Incorporatedluding river barges and pushboats that transport dry bulk and liquid cargoes in rivers throughout South America that feed to ocean ports. It is the largest operator through the Hidrovia Region of South America, which is rich in agriculture, forests and mineral resources. ULTR&#8217;s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/23/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590-2/681/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ULTR) &#8211; Ultrapetrol &#8211; surprised the last two quarters by an average of 135.90%</title>
		<link>http://www.stockbloghub.com/2008/09/22/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590/644</link>
		<comments>http://www.stockbloghub.com/2008/09/22/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590/644#comments</comments>
		<pubDate>Tue, 23 Sep 2008 02:40:20 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ULTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001644/2008/09/22/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590</guid>
		<description><![CDATA[Ultrapetrol is expanding its river system business as commodities shipping booms. The company reported record revenues in the second quarter as revenues rose 50%. Ultrapetrol has surprised the last two quarters by an average of 135.90%. It&#8217;s trading at only 5.1x forward earnings. Company Description Ultrapetrol Bahamas Limited (ULTR) is an international industrial shipping company that transports grain, vegetable oils, minerals, crude, petroleum and supplies the offshore oil platform market and the leisure passenger cruise market.The company, a Zacks #1 Rank (Strong Buy), operates 591 barges Incorporatedluding river barges and pushboats that transport dry bulk and liquid cargoes in rivers throughout South America that feed to ocean ports. It is the largest operator through the Hidrovia Region of South America, which is rich in agriculture, forests and mineral resources. ULTR&#8217;s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/22/ultr-ultrapetrol-surprised-the-last-two-quarters-by-an-average-of-13590/644/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ESEA) &#8211; Euroseas Ltd &#8211; dividend grew 29% in the first six months of 2008</title>
		<link>http://www.stockbloghub.com/2008/09/10/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008-3/518</link>
		<comments>http://www.stockbloghub.com/2008/09/10/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008-3/518#comments</comments>
		<pubDate>Wed, 10 Sep 2008 11:20:35 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ESEA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001518/2008/09/10/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008-3</guid>
		<description><![CDATA[Euroseas saw revenues surge 121.5% as commodities demand continues to be strong worldwide. The company has surprised on earnings 4 consecutive quarters by an average of 10.39%. Euroseas has a forward P/E of just 7.15.Company Description Euroseas Limited (ESEA) is a worldwide dry cargo, drybulk and container shipper. The company, headquartered in Athens, Greece, markets its vessels on spot and period charters and also through pool arrangements. ESEA has a fleet of 16 vessels Incorporatedluding 3 Panamax drybulk carriers, 2 Handysize drybulk carriers, 3 Intermediate container ships, 5 Handysize container ships, 2 Feeder container ships and 1 multipurpose dry cargo vessel. Euroseas Surprises on Estimates by 2.33% On Aug 14, Euroseas reported is second quarter earnings and beat Wall Street estimates by a penny. Net income was $15.7 million, or ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/10/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008-3/518/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(OSG) &#8211; Overseas Shipholding Group &#8211; all 7 covering analysts raised estimates in the last 30 days</title>
		<link>http://www.stockbloghub.com/2008/09/10/osg-overseas-shipholding-group-all-7-covering-analysts-raised-estimates-in-the-last-30-days-3/507</link>
		<comments>http://www.stockbloghub.com/2008/09/10/osg-overseas-shipholding-group-all-7-covering-analysts-raised-estimates-in-the-last-30-days-3/507#comments</comments>
		<pubDate>Wed, 10 Sep 2008 11:20:07 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[OSG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001507/2008/09/10/osg-overseas-shipholding-group-all-7-covering-analysts-raised-estimates-in-the-last-30-days-3</guid>
		<description><![CDATA[Overseas Shipholding Group recently raised its dividend by 40% as shipping rates remain high. The company has surprised on estimates 2 out of the last 4 quarter by an average of 5.14%. Overseas Shipholding has a price-to-book (P/B) of only 1.1.Company Description Overseas Shipholding Group, Inc. (OSG), headquartered in New York City, transports crude oil and petroleum products around the world with a fleet of 121 vessels. As of June 30, 50% of the ships were company-owned, with the remaining bareboat or time chartered in. 35 vessels are also in the newbuild program. The company, a Zacks #1 Rank (Strong Buy), is a member of Tankers International, Aframax International and Panamax International, which are commercial pools of similar size and quality vessels with different ship owners. The fleets are combined ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/10/osg-overseas-shipholding-group-all-7-covering-analysts-raised-estimates-in-the-last-30-days-3/507/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ESEA) &#8211; Euroseas Ltd &#8211; dividend grew 29% in the first six months of 2008</title>
		<link>http://www.stockbloghub.com/2008/09/04/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008-2/450</link>
		<comments>http://www.stockbloghub.com/2008/09/04/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008-2/450#comments</comments>
		<pubDate>Thu, 04 Sep 2008 19:20:02 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ESEA]]></category>
		<category><![CDATA[ROE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001450/2008/09/04/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008-2</guid>
		<description><![CDATA[Euroseas saw revenues surge 121.5% as commodities demand continues to be strong worldwide. The company has surprised on earnings 4 consecutive quarters by an average of 10.39%. Euroseas has a forward P/E of just 7.15.Company Description Euroseas Limited (ESEA) is a worldwide dry cargo, drybulk and container shipper. The company, headquartered in Athens, Greece, markets its vessels on spot and period charters and also through pool arrangements. ESEA has a fleet of 16 vessels Incorporatedluding 3 Panamax drybulk carriers, 2 Handysize drybulk carriers, 3 Intermediate container ships, 5 Handysize container ships, 2 Feeder container ships and 1 multipurpose dry cargo vessel. Euroseas Surprises on Estimates by 2.33% On Aug 14, Euroseas reported is second quarter earnings and beat Wall Street estimates by a penny. Net income was $15.7 million, or ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/04/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008-2/450/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(OSG) &#8211; Overseas Shipholding Group &#8211; all 7 covering analysts raised estimates in the last 30 days</title>
		<link>http://www.stockbloghub.com/2008/09/04/osg-overseas-shipholding-group-all-7-covering-analysts-raised-estimates-in-the-last-30-days-2/438</link>
		<comments>http://www.stockbloghub.com/2008/09/04/osg-overseas-shipholding-group-all-7-covering-analysts-raised-estimates-in-the-last-30-days-2/438#comments</comments>
		<pubDate>Thu, 04 Sep 2008 15:00:19 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[ROE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001438/2008/09/04/osg-overseas-shipholding-group-all-7-covering-analysts-raised-estimates-in-the-last-30-days-2</guid>
		<description><![CDATA[Overseas Shipholding Group recently raised its dividend by 40% as shipping rates remain high. The company has surprised on estimates 2 out of the last 4 quarter by an average of 5.14%. Overseas Shipholding has a price-to-book (P/B) of only 1.1.Company Description Overseas Shipholding Group, Inc. (OSG), headquartered in New York City, transports crude oil and petroleum products around the world with a fleet of 121 vessels. As of June 30, 50% of the ships were company-owned, with the remaining bareboat or time chartered in. 35 vessels are also in the newbuild program. The company, a Zacks #1 Rank (Strong Buy), is a member of Tankers International, Aframax International and Panamax International, which are commercial pools of similar size and quality vessels with different ship owners. The fleets are combined ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/04/osg-overseas-shipholding-group-all-7-covering-analysts-raised-estimates-in-the-last-30-days-2/438/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(TBSI) &#8211; TBS International Limited &#8211; ocean transportation company that ships cargo worldwide on 44 vessels</title>
		<link>http://www.stockbloghub.com/2008/09/04/tbsi-tbs-international-limited-ocean-transportation-company-that-ships-cargo-worldwide-on-44-vessels-2/429</link>
		<comments>http://www.stockbloghub.com/2008/09/04/tbsi-tbs-international-limited-ocean-transportation-company-that-ships-cargo-worldwide-on-44-vessels-2/429#comments</comments>
		<pubDate>Thu, 04 Sep 2008 15:00:08 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ROE]]></category>
		<category><![CDATA[TBSI]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001429/2008/09/04/tbsi-tbs-international-limited-ocean-transportation-company-that-ships-cargo-worldwide-on-44-vessels-2</guid>
		<description><![CDATA[TBS International Limited (TBSI) turned in record results in the second quarter and saw higher forecasts from Wall Street. The full-year 2008 consensus estimate of $7.12 per share climbed from $6.37 over the past 30 trading days.Company Description TBS International Limited is an ocean transportation company that ships cargo worldwide on 44 vessels. The company ships through liner, parcel, bulk and vessel chartering services on key trade routes between Latin America and China, Japan and South Korea and ports in North America, Africa, the Caribbean and the Mediterranean. TBSI, a Zacks #1 Rank (Strong Buy), has developed a niche in multipurpose tweendeckers and smaller dry bulk carriers varying from 17,300 dwt to 45,500 dwt that can service ports that larger ships cannot. The company ships steel products, metals, fertilizer, coal, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/04/tbsi-tbs-international-limited-ocean-transportation-company-that-ships-cargo-worldwide-on-44-vessels-2/429/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ESEA) &#8211; Euroseas Ltd &#8211; dividend grew 29% in the first six months of 2008</title>
		<link>http://www.stockbloghub.com/2008/09/03/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008/420</link>
		<comments>http://www.stockbloghub.com/2008/09/03/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008/420#comments</comments>
		<pubDate>Thu, 04 Sep 2008 02:00:02 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[ESEA]]></category>
		<category><![CDATA[ROE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/001420/2008/09/03/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008</guid>
		<description><![CDATA[Euroseas saw revenues surge 121.5% as commodities demand continues to be strong worldwide. The company has surprised on earnings 4 consecutive quarters by an average of 10.39%. Euroseas has a forward P/E of just 7.15.Company Description Euroseas Limited (ESEA) is a worldwide dry cargo, drybulk and container shipper. The company, headquartered in Athens, Greece, markets its vessels on spot and period charters and also through pool arrangements. ESEA has a fleet of 16 vessels Incorporatedluding 3 Panamax drybulk carriers, 2 Handysize drybulk carriers, 3 Intermediate container ships, 5 Handysize container ships, 2 Feeder container ships and 1 multipurpose dry cargo vessel. Euroseas Surprises on Estimates by 2.33% On Aug 14, Euroseas reported is second quarter earnings and beat Wall Street estimates by a penny. Net income was $15.7 million, or ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2008/09/03/esea-euroseas-ltd-dividend-grew-29-in-the-first-six-months-of-2008/420/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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