NEW YORK, January 4, 2017 /PRNewswire/ --
Pre-market, Stock-Callers.com puts focus on the following Shipping companies: Seanergy Maritime Holdings Corp. (NASDAQ: SHIP), Scorpio Bulkers Inc. (NYSE: SALT), Navios Maritime Acquisition Corp. (NYSE: NNA), and GasLog Ltd (NYSE: GLOG). As per the Baltic and International Maritime Council, 2017 will be another die-hard year of competition for the Shipping industry. The Denmark-based international shipping organization projects the container-shipping segment to see a net fleet growth of around 3.1% in 2017, compared with an estimated 1.1% in 2016. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:http://stock-callers.com/registration
On Tuesday, shares in Athens, Greece-based Seanergy Maritime Holdings Corp. recorded a trading volume of 708,441 shares. The stock ended the session 8.70% higher at $1.25. The Company's shares have gained 8.70% since the start of this year. The stock is trading 42.54% below its 50-day moving average. Moreover, shares of Seanergy Maritime Holdings, which provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels, have a Relative Strength Index (RSI) of 44.15.
On December 13th, 2016, Seanergy Maritime Holdings announced that it has taken delivery of a 178,978 dwt Capesize dry bulk vessel, renamed to M/V Knightship and built in 2010 by Hyundai Heavy Industries in South Korea. Visit us today and access our complete research report on SHIP at:http://stock-callers.com/registration/?symbol=SHIP
Monaco-based Scorpio Bulkers Inc.'s stock closed the day 15.84% higher at $5.85. A total volume of 1.73 million shares was traded, which was above their three months average volume of 776,430 shares. The Company's shares have advanced 11.43% in the past month, 72.57% over the previous three months, and 15.84% since the start of this year. The stock is trading 23.61% above its 50-day moving average and 54.87% above its 200-day moving average. Additionally, shares of Scorpio Bulkers, which together with its subsidiaries, engages in the marine transportation of dry bulk commodities, have an RSI of 66.03.
On December 13th, 2016, Scorpio Bulkers announced that it has entered into a time charter-out agreement for one Kamsarmax vessel. The charter-out agreement for the Kamsarmax vessel named SBI Zumba is for the period of minimum 5 to a maximum of 7 months, with a rate of $10,500 per day. The complimentary report on SALT can be downloaded at: http://stock-callers.com/registration/?symbol=SALT
Navios Maritime Acquisition
Shares in Monaco-based Navios Maritime Acquisition Corp. recorded a trading volume of 606,375 shares, and ended yesterday's trading session 3.53% higher at $1.76. The stock has advanced 8.64% in the past month, 31.34% in the previous three months, and 3.53% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 14.48% and 11.69%, respectively. Furthermore, shares of Navios Maritime Acquisition, which provides marine transportation services worldwide, have an RSI of 66.73.
On November 17th, 2016, Navios Maritime Acquisition announced the closing of the previously announced sale of the Nave Constellation, a 2013-built Chemical Tanker of 45,281 dwt. The vessel was sold for $36.4 million (net of commissions), of which $16.4 million was used for repayment of indebtedness. The vessel was acquired in 2013 for $33.6 million. Register for free on Stock-Callers.com and access the latest research report on NNA at:http://stock-callers.com/registration/?symbol=NNA
Monaco-based GasLog Ltd's stock finished Tuesday's session 4.97% higher at $16.90, with a total trading volume of 375,098 shares. The Company's shares have advanced 9.03% in the last one month, 18.74% over the previous three months, and 4.97% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.32% and 25.22%, respectively. Additionally, shares of GasLog, which together with its subsidiaries, engages in the ownership, operation, and management of vessels in the liquefied natural gas market worldwide, have an RSI of 62.36.
On December 22nd, 2016, GasLog announced that a wholly owned subsidiary of GasLog has entered into a sale and purchase agreement (SPA) to acquire a 20% shareholding in Gastrade S.A. Gastrade is licensed to develop an independent natural gas system offshore Alexandroupolis in Northern Greece utilizing a floating storage and regasification unit (FSRU) along with other fixed infrastructure. Closing of the SPA acquisition is subject to the satisfaction of certain closing conditions set out in the transaction documents. GasLog, as well as being a shareholder, will provide operations and maintenance ("O&M") services for the FSRU through an O&M agreement. Get free access to your research report on GLOG at:http://stock-callers.com/registration/?symbol=GLOG
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