Overseas Shipholding Group is a bulk shipping company engaged mainly in the ocean transportation of crude oil and petroleum products. At Dec 31 2007, Co....
Hard Assets Investor submits: By Eli Neusner It's easy to forget in this day of digital commerce, fiber optics, and the Internet, much of the world's commerce is still moved from one place to the other by planes, trains, trucks and automobiles. Perhaps the most critical link in an...
Devin Hobbes submits: Over the next several years, as emerging economies continue to grow and developed economies hopefully get back on track, demand for oil should continue to rise. Frontline, Ltd. FRO and Overseas Shipholding Group OSG are two of the largest crude tanker operators in the world. Both companies...
Mike Havrilla submits: Investors are currently limited to the iShares Dow Jones Transports IYT as a transport ETF option with net assets of $698 million and 20 component stocks (stats as of 8/8/08 from the iShares website). The top five holdings account for 43.2% of invested assets and include the...
Don Dion submits: iShares Dow Jones Transport ETF IYT was up 14.5% year to date on Aug. 15—more than the fund returned during each of the last three calendar years, and among the top 25 of all 800-plus ETFs tracked by Morningstar. IYT invests in just 21...
Frontline Ltd. (the "Company" or "Frontline") has today successfullycompleted a private placement of a total of three million new sharesto a subscription price of NOK 357 per share. Gross proceeds from theequity issue amounted to NOK 1,071 million (equivalent to approx. USD210 million). The share capital...
Frontline Ltd. intends to complete a private placement of 2.3 millionnew shares with an option to over-allocate up to a total of 3 millionnew shares. The Company will approach professional investors to testthe market's interest following the close of the Oslo Stock Exchangetoday. Frontline Ltd.'s largest shareholder, Hemen...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/4a6897/aktieselskabet_dam) has announced the addition of the "Aktieselskabet Dampskibsselskabet Torm Energy Oil & Gas SWOT Report" company profile to their offering. Aktieselskabet Dampskibsselskabet Torm Energy Oil & Gas SWOT Report is a comprehensive report of the company including both...
Dry Bulk and Tanker Shipping Indices to Track Performance of U.S. Listed Marine Transport Companies NEW YORK, June 18 /PRNewswire/ -- Dahlman Rose & Co., LLC, a leading investment bank specializing in the natural resource supply chain, today announced the launch of the Dahlman...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/8d9aa1/golar_lng_limited) has announced the addition of the "Golar LNG Limited Strategic Analysis Profile" report to their offering. The Golar LNG Limited Strategic Analysis Profile is a comprehensive profile of the company including both quantitative and qualitative research. The report...
NEW YORK -- Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that Lois K. Zabrocky has been promoted to Senior Vice President of OSG. Since 2005, Ms. Zabrocky, 38, has led OSG's growing products business, which includes coated Panamaxes,...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c94189) has announced the addition of "The Shipping Corporation of India Ltd. Tanker Operation Asset Summary Report" to their offering. Summary The Shipping Corporation of India Ltd. Tanker Operation Assets Summary Report is an essential source for...
NEW YORK -- The Board of Directors of Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced it has increased its regular quarterly dividend by 40% to $0.4375 per share from $0.3125 per share on its outstanding common stock. The...
CHICAGO -- Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income,...
NEW YORK -- Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced the formation of Suezmax International, a commercial pool of initially four Suezmax tankers, with Seaarland Shipping Management B.V., a privately held shipping company based in Amsterdam, the Netherlands. Upon completion of...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c90415) has announced the addition of "Overseas Shipholding Group Inc Oil & Gas Company Report: Profile Includes Information about Company's Assets across the Oil & Gas Value Chain" to their offering. Summary This report is an essential source for data,...
Highest Ever First Quarter TCE Revenues Driven by Strong Crude Oil Rates; 67% Quarter-over-Quarter EPS Increase Further Enhanced by Share Repurchase Program NEW YORK -- Overseas Shipholding Group, Inc. (NYSE:OSG): HIGHLIGHTS * TCE revenues were $375.8 million, a 45% increase from $259.2 million quarter-over-quarter...
NEW YORK -- Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that it plans to release first quarter fiscal 2008 earnings results after market close on Tuesday, April 29, 2008 and will host a conference call the following day, Wednesday, April 30,...