NEW YORK, Dec. 28, 2017 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on DRYS, TOO, SSW, and NAT which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com concentrates on the recent performance of DryShips Inc. (NASDAQ: DRYS), Teekay Offshore Partners L.P. (NYSE: TOO), Seaspan Corp. (NYSE: SSW), and Nordic American Tankers Ltd (NYSE: NAT). According to the International Chamber of Shipping, Shipping is the lifeblood of the global economy. Without it, intercontinental trade, the bulk transport of raw materials, and the import/export of affordable food and manufactured goods would simply not be possible. All you have to do is sign up today for this free limited time offer, click the link below. www.wallstequities.com/registration
On Wednesday, shares in Athens, Greece-based DryShips Inc. recorded a trading volume of 2.97 million shares. The stock ended the session 10.12% higher at $3.70. The Company's shares have gained 51.02% over the previous three months. The stock is trading below its 50-day moving average by 6.45%. Moreover, shares of DryShips, which owns and operates ocean going cargo vessels worldwide, have a Relative Strength Index (RSI) of 44.13.
On December 27th, 2017, DryShips announced that it has received two, firm commitments for senior secured credit facilities of up to an aggregate of $125.0 million from two, commercial lenders, which will be secured by its four tanker vessels and two Kasmarmax and one Panamax drybulk vessels, and will have a tenor of five and six years, respectively; and that the Company has sold its 2001 built Panamax vessel, the Ecola, to an unaffiliated buyer, for total gross proceeds of $8.5 million. Get the full research report on DRYS for free by clicking below at: www.wallstequities.com/registration/?symbol=DRYS
Teekay Offshore Partners
Hamilton, Bermuda headquartered Teekay Offshore Partners L.P.'s stock closed the day 2.19% lower at $2.23 with a total trading volume of 928,087 shares, which was above their three months average volume of 927.28 thousand shares. The stock is trading below its 50-day moving average by 8.73%. Additionally, shares of Teekay Offshore Partners have an RSI of 40.41.
On December 18th, 2017, Teekay Offshore Partners announced that it has completed the upgrade of the Petrojarl I floating production, storage, and offloading (FPSO) unit, which has now sailed-away from the Aibel AS shipyard in Norway. The FPSO unit is now en route to the Atlanta Field, which is located 185 kilometers offshore from the coast of Brazil at a water depth of approximately 1,550 meters and contains an estimated 260 million recoverable barrels of oil equivalent. Gain free access to the research report on TOO at: www.wallstequities.com/registration/?symbol=TOO
Shares in Central, Hong Kong-based Seaspan Corporation recorded a trading volume of 982,039 shares. The stock ended yesterday's trading session 1.45% lower at $6.78. The Company's shares have advanced 15.11% in the past month. The stock is trading above its 50-day and 200-day moving averages by 6.09% and 3.69%, respectively. Furthermore, shares of Seaspan, which operates as an independent charter owner and manager of containerships in Hong Kong, have an RSI of 61.08.
On December 11th, 2017, Seaspan announced that it has accepted delivery of the MSC Madhu B, an 11,000 TEU containership that will commence a bareboat charter with MSC Mediterranean Shipping Company S.A. ("MSC") for a period of 17 years. Upon completion of the bareboat charter period, MSC is obligated to purchase the vessel for a pre-determined amount. Signing up today Wall St. Equities give you access to the latest report on SSW at: www.wallstequities.com/registration/?symbol=SSW
Nordic American Tankers
Hamilton, Bermuda-based Nordic American Tankers Limited's stock finished Wednesday's session flat at $2.50 with a total trading volume of 1.66 million shares, which was above their three months average volume of 1.63 million shares. The stock is trading below its 50-day moving average by 37.23%. Additionally, shares of Nordic American Tankers have an RSI of 17.10.
On December 14th, 2017, research firm Jefferies upgraded the Company's stock rating from 'Underperform' to 'Hold'.
On December 18th, 2017, Nordic American Tankers ("NAT") announced that three resolutions were approved and adopted at its Annual General Meeting of Shareholders ("Meeting") on December 12th, 2017, in Hamilton, Bermuda: the election of the five nominees to the Board of Directors to serve until the next Meeting; the approval of the appointment of KPMG AS as NAT's independent auditors until the close of the next Meeting; and the approval of the reduction of NAT's share premium account by approximately $215.4 million, to zero as of December 29th, 2017. Register now for today's free coverage on NAT at: www.wallstequities.com/registration/?symbol=NAT
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