Capital Link Shipping Weekly Markets Report
Capital Link ShippingWeekly Markets ReportMonday, September 16 2019 (Week 37)Monday, September 16, 2019 (Week 37)IN THE NEWS Latest Company NewsEarnings RecapCAPITAL MARKETS Currencies, Commodities & IndicesShipping Equities – Weekly ReviewDividend Paying Shipping StocksSHIPPING MARKETS Global Shipping Company Bond ProfilesWeekly Market Report – Allied Shipbroking IncStifel Shipping MarketsTERMS OF USE & DISCLAIMERCONTENT CONTRIBUTORS1
Monday, September 16 2019 (Week 37)Capital Link will organize its “9th Annual Operational Excellence in Shipping – Best Industry Practices Forum” on Wednesday, October2, 2019 in Athens.With a 9-year track record it is the only Forum that showcases Operational Excellence in the Maritime Sector and explores BestIndustry Practices across all major areas such as fleet management, technological innovation, crewing, energy efficiency and theenvironment, safety & security.THE SHIPPING INDUSTRY AT CROSSROADS – OPTIONS,STRATEGIES & RISKS MOVING AHEAD New TechnologiesThe Changing Landscape of ShippingTechnical Management & Fleet Operations - What’s NextPort State Controls – A Global Roadmap What to expect in keyjurisdictions around the world2020 and Port State Control Issues in China Ballast Water TreatmentIMO 2020 – It is All about the Fuel Navigating the New World ofMarine FuelsIMO 2020 – Sulfur Cap – Preparing for D-DayReducing Green House Emissions – DecarbonizationSpeed Limits – An Optimal Measure for the Environment & theShipping IndustryChallenges for European Shipping in a Changing World Maran Gas Maritime IncOlympia Ocean CarriersSafe Bulkers (NYSE: SB)Singhai Marine ServicesStar Bulk Carriers (NASDAQ: SBLK)Stealth Gas (NASDAQ: GASS)Technomar ShippingThenamaris (Ships Management) Inc.Thome Ship Management GroupTototheo MaritimeTufton Oceanic LimitedTsakos Energy Navigation (NYSE: TNP) Participating Shipping Companies Columbia ShipmanagementDanaos Corporation (NYSE: DAC)DNVGLDynagas (NYSE: “DLNG”)Euronav Ship Management (NYSE: EURN)ExxonMobil MarineFafalios ShippingFML Ship ManagementGoldenport HoldingsGood Bulk & C Transport Maritime SAMINTERCARGOKyklades Maritime CorporationLaskaridis Shipping Company Ltd.GLOBAL LEAD SPONSORGLOBAL GOLD SPONSORSSPONSORSGOLD SPONSORSSUPPORTING SPONSORS2
Capital Link Shipping.Linking Shipping and Investors Across the GlobeCapital Link is a New York-based Advisory, Investor Relations and Financial Communications firm. Capitalizing on our indepth knowledge of the shipping industry and capital markets, Capital Link has made a strategic commitment to theshipping industry becoming the largest provider of Investor Relations and Financial Communications services tointernational shipping companies listed on the US and European Exchanges. Capital Link's headquarters are in New Yorkwith a presence in London and Athens.Investor Relations & Financial AdvisoryOperating more like a boutique investment bank rather than a traditional Investor Relations firm,our objective is to assist our clients enhance long term shareholder value and achieve propervaluation through their positioning in the investment community. We assist them to determinetheir objectives, establish the proper investor outreach strategies, generate a recurringinformation flow, identify the proper investor and analyst target groups and gather investor andanalyst feedback and related market intelligence information while keeping track of their peergroup. Also, to enhance their profile in the financial and trade media.In our effort to enhance the information flow to the investment community and contribute to improving investor knowledge ofshipping, Capital Link has undertaken a series of initiatives beyond the traditional scope of its investor relations activity, such as:www.CapitalLinkShipping.comA web based resource that provides information on the major shipping and stock marketindices, as well as on all shipping stocks. It also features an earnings and conference callcalendar, industry reports from major industry participants and interviews with CEOs, analystsand other market participants.Capital Link Shipping Weekly Markets ReportWeekly distribution to an extensive audience in the US & European shipping, financial andinvestment communities with updates on the shipping markets, the stock market and listedcompany news.www.CapitalLinkWebinars.comSector Forums & Webinars: Regularly, we organize panel discussions among CEOs, analysts,bankers and shipping industry participants on the developments in the various shipping sectors(containers, dry bulk, tankers) and on other topics of interest (such as Raising Equity inShipping Today, Scrapping, etc).Capital Link Investor Shipping ForumsIn New York, Athens and London bringing together investors, bankers, financial advisors, listedcompanies CEOs, analysts, and shipping industry participants.www.MaritimeIndices.comCapital Link Maritime Indices: Capital Link developed and maintains a series of stock marketmaritime indices which track the performance of U.S. listed shipping stocks (CL maritime Index,CL Dry Bulk Index, CL Tanker Index, CL Container Index, CL LNG/LPG Index, CL Mixed FleetIndex, CL Shipping MLP Index – Bloomberg page: CPLI. The Indices are also distributedthrough the Reuters Newswires and are available on Factset.Capital Link - New York - London - Athens - OsloNew York - 230 Park Avenue, Suite 1536, New York, NY, 10169 Tel.: 1 212 661 7566 Fax: 1 212 661 7526London - Longcroft House,2-8 Victoria Avenue, London, EC2M 4NS, U.K Tel. 44(0) 203 206 1320 Fax. 44(0) 203 206 1321Athens - 40, Agiou Konstantinou Str, Suite A 5, 151-24 Athens, Greece Tel. 30 210 6109 800 Fax 30 210 6109 801Oslo - Raadhusgaten 25 P.O. Box 1904 Vika N-0116 Oslo, Norwaywww.capitallink.comwww.capitallinkforum.com
Monday, September 16 2019 (Week 37)IN THE NEWSLatest Company NewsMonday, September 9, 2019DryShips Announces Special Meeting of Shareholders inConnection with Proposed TransactionATHENS, Greece, September 9, 2019 -- DryShips Inc. (the“Company”) (NASDAQ: DRYS), a diversified owner and operator ofocean going cargo vessels, today announced that it has called aspecial meeting of the Company’s shareholders (the “SpecialMeeting”) to be held on October 9, 2019, at 4 p.m., local time, at 80Kifissias Avenue, GR 151 25, Marousi, Athens, 0919.pdfNoble Corporation plc Provides Fleet Contract Status UpdateLONDON, Sept. 9, 2019 /PRNewswire/ -- Noble Corporation plc(NYSE: NE) today announced that its report of drilling rig status andcontract information has been updated as of September 9, 2019. Thereport, titled "Fleet Status Report," can be found on the Company'sWebsite www.noblecorp.com, under the "Investor Relations" sectionof the es-fleet-contract-status-update-49Seaspan Acquires 9600 TEU Vessel and Enters Into Three YearTime Charter with ONEHONG KONG, China, Sept. 9, 2019 /PRNewswire/ - SeaspanCorporation ("Seaspan") (NYSE:SSW) announced today that it haspurchased a 2010-built 9600 TEU containership and entered into afixed rate time charter agreement for the vessel with Ocean NetworkExpress ("ONE"). The time charter will be for a term of 36 months withan option for up to an additional four months. Seaspan expects to takedelivery of the vessel by the end of April 2020. Upon delivery of thevessel, Seaspan's fleet will expand to 113 Tuesday, September 10, 2019DYNAGAS LNG PARTNERS ANNOUNCES DATE FOR THERELEASE OF SECOND QUARTER 2019 RESULTS, CONFERENCECALL AND WEBCASTMONACO – September 10, 2019 - Dynagas LNG Partners LP (NYSE:“DLNG”) (“Dynagas Partners” or the “Partnership”), an owner andoperator of LNG carriers, today announced that it will release itsfinancial results for the second quarter ended June 30, 2019 aftermarket closes in New York on Thursday, September 26, 2019. Thenext day, Friday, September 27, 2019 at 10:00 a.m. Eastern Time, theCompany's management will host a conference call and webcast todiscuss the earnings results.http://www.dynagaspartners.com/upload press/dlng091019.pdfWednesday, September 11, 2019Performance Shipping Inc. Announces Receipt of NASDAQNoticeATHENS, GREECE, September 11, 2019 – Performance ShippingInc. (NASDAQ: DCIX), (the “Company”), a global shipping companyspecializing in the ownership of vessels, today announced that it hasreceived written notification from The Nasdaq Stock Market LLC(“Nasdaq”) dated September 6, 2019, indicating that because theclosing bid price of the Company's common stock for 30 consecutivebusiness days, from July 24, 2019 to September 5, 2019, was belowthe minimum 1.00 per share bid price requirement for continued 4listing on the Nasdaq Global Select Market, the Company is not incompliance with Nasdaq Listing Rule ticeEagle Bulk Shipping Inc. Takes Delivery of M/V Dublin EagleSTAMFORD, Conn.,, Sept. 11, 2019 (GLOBE NEWSWIRE) -- EagleBulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk” or the “Company”),one of the world’s largest owner-operators within the Supramax /Ultramax segment, today announced that it has taken delivery of thefirst of six modern Ultramax drybulk vessels the Company haspreviously agreed to acquire. The ship, which has been renamed theM/V Dublin Eagle, is a 2015-built, high specification scrubber-fittedSDARI-64 Ultramax vessel built at Jiangsu New Hantong Ship HeavyIndustry Co., ry-mv-dublin-eagleThursday, September 12, 2019Diana Shipping Inc. Announces Amendment of Offer to PurchaseSelf Tender Offer for Shares of Common StockAthens, Greece, September 12, 2019 - Diana Shipping Inc. (NYSE:DSX) (the “Company”), a global shipping company specializing in theownership of dry bulk vessels, today announced the filing of asupplement to its Offer to Purchase (the “OTP”) dated as ofSeptember 6, 2019 relating to the Company’s tender offer to purchaseup to 1,408,450 shares, or about 1.5%, of its outstanding commonstock using funds available from cash and cash equivalents at a priceof 3.55 per share, which tender offer will expire at the end of the day,5:00 P.M., Eastern Time, on October 4, 2019, unless extended for-shares-of-common-stockFRO – Extension of expiry date of first option for two TrafiguraSuezmax tankersReference is made to the notice of 23 August 2019, whereby FrontlineLtd. (“Frontline”) (NYSE and OSE: FRO) announced an agreementwith Trafigura Maritime Logistics (“TML”), a wholly-owned subsidiaryof Trafigura Pte Ltd (“Trafigura”) and certain related entities, toacquire ten Suezmax tankers, with two separate options to acquiretwo plus two additional Suezmax ax-tankers/STAR BULK ANNOUNCES RESIGNATION OF MR. ROGERSCHMITZ FROM ITS BOARD OF DIRECTORSATHENS, GREECE, September 12, 2019 – Star Bulk Carriers Corp.(the “Company” or “Star Bulk”) (Nasdaq: SBLK, Oslo: SBLK), a globalshipping company focusing on the transportation of dry bulk cargoes,today announced the resignation of Mr. Roger Schmitz from theCompany’s Board of Directors in order to allow him to pursue otheropportunities. Mr. Schmitz had been serving as Class B director sinceJuly 2013. His resignation is effective immediately.https://www.starbulk.com/media/uploads file/2019/09/12/p1dkjhbrdrp7v1jl216ff3ua19jc4.pdf
Monday, September 16 2019 (Week 37)IN THE NEWSLatest Company News(INSW) Tankers International Announces Expansion WithAddition of New Members and Opening of New York OfficeNEW YORK--(BUSINESS WIRE)-- Tankers International, one of thelargest pool operators of VLCCs worldwide (“Tankers International”,the “TI Pool” or “TI”), announced today the addition of two newmembers, the Hunter Group ASA and Hartree Maritime Partners LLC,and the expansion of its global presence with the opening of an officewithin the New York offices of International Seaways, Inc.http://www.intlseas.com/file/Index?KeyFile 399596363audited consolidated financial statements for the Company for theyear ended December 31, 2018 were presented to the l-general-meeting-2/Noble Corporation plc Announces Departure Of Chief FinancialOfficerLONDON, Sept. 13, 2019 /PRNewswire/ -- Noble Corporation plc(NYSE: NE, the Company) today announced that Adam C. Peakes,Senior Vice President and Chief Financial Officer resigned effectiveSeptember 9, 2019. A search for Mr. Peakes' replacement hasbegun. In the interim, Mr. Peakes' direct reports, including thoseindividuals responsible for the Company's Treasury and FinancialReporting activities, will report directly to Julie J. Robertson,Chairman, President and Chief Executive Officer of Noble -announces-departure-chief-financial-0Friday, September 13, 2019DHT Holdings, Inc. announces an adjustment to the conversionprice of its 4.5% Convertible Senior Notes due 2019HAMILTON, BERMUDA, September 13, 2019 – DHT Holdings, Inc.(NYSE:DHT) (“the Company”) announced that, in connection with thepreviously announced cash dividend of 0.02 per share of commonstock paid on August 29, 2019 to stockholders of record as of theclose of business on August 22, 2019, the conversion price (the“Conversion Price”) of the Company’s 4.5% Convertible Senior rtible-senior-notesdue-2019-10/SFL – 2019 Annual General MeetingSFL Corporation Ltd. (the “Company”) advises that the 2019 AnnualGeneral Meeting of the Shareholders of the Company was held onSeptember 13, 2019 at 10:30 a.m. at the Hamilton Princess andBeach Club, 76 Pitts Bay Road, Hamilton HM CX, Bermuda. Theaudited consolidated financial statements for the Company for theyear ended December 31, 2018 were presented to the neral-meeting/FRO – 2019 Annual General MeetingFrontline Ltd. (the “Company”) advises that the 2019 Annual GeneralMeeting of the Shareholders of the Company was held on September13, 2019 at 10:00 a.m. at the Hamilton Princess and Beach Club, 76Pitts Bay Road, Hamilton HM CX, Bermuda.The auditedconsolidated financial statements for the Company for the year endedDecember 31, 2018 were presented to the eneral-meeting-2/SFL – Change of name to SFL Corporation Ltd. ApprovedSFL Corporation Ltd. (the “Company”) today announced that its 2019Annual General Meeting resolved to change the name of theCompany from “Ship Finance International Limited” to “SFLCorporation Ltd.”. The Company’s common shares will continue totrade under the ticker “SFL” on the New York Stock Exchange. ISINand instrument ID for the Company’s listed securities -of-name-to-sfl-corporation-ltdapproved/GOGL – 2019 Annual General MeetingGolden Ocean Group Limited (the “Company”) advises that the 2019Annual General Meeting of the Shareholders of the Company washeld on September 13, 2019 at 09:30 a.m. at the Hamilton Princessand Beach Club, 76 Pitts Bay Road, Hamilton HM CX, Bermuda. The5
Monday, September 16 2019 (Week 37)Non US-Listed Company NewsMonday, September 9, 2019Company or the Group), a leading international marine transportationcompany operating in the product tanker market, today examined andapproved the half-year and second quarter 2019 financial Results%20Press%20Release.pdfConcordia Maritime receives IMOIIMAX payment of USD 5 millionBased on the cooperation between Stena Bulk AB and ConcordiaMaritime AB (“Concordia Maritime” or “The Company”) related to theIMOIIMAX concept, the Company will receive a payment of USD 5million. Concordia Maritime was the driving force behind theIMOIIMAX concept initiative and the payment is a consequence of thecommercial successes of the IMOIIMAX fleet since delivery. Thepayment will be made during Q3 2019 and will be reported as payment-of-usd-5-million/ANNOUNCEMENT OF THE FILING AND STORAGE OF THE HALFYEARLY 2019 FINANCIAL REPORT AS OF JUNE 30th 2019Rome – September 12st, 2019 -d’Amico International Shipping S.A.(“DIS” or “ the Company”) announces that the Half-Yearly 2019Financial Report of the Company as of 30st June 2019, approvedtoday by the Board of Directors, is available to the public, in its integralversion, at DIS registered office and on the Investor Relations sectionof its website /comunicatiStampa/2019/ENG/settembre/DIS esport.pdfThursday, September 12, 2019The Board of Directors of d’Amico International Shipping S.A.approves Q2 & H1 2019 Results:Luxembourg - September 12th, 2019 – The Board of Directors ofd’Amico International Shipping S.A. (Borsa Italiana S.p.A.: DIS) (the66
Monday, September 16 2019 (Week 37)Earnings RecapThe Board of Directors of d’Amico International Shipping S.A.approves Q2 & H1 2019 Results:Luxembourg - September 12th, 2019 – The Board of Directors ofd’Amico International Shipping S.A. (Borsa Italiana S.p.A.: DIS) (theCompany or the Group), a leading international marine transportationcompany operating in the product tanker market, today examined andapproved the half-year and second quarter 2019 financial Results%20Press%20Release.pdf‹#›77
Monday, September 16 2019 (Week 37)CAPITAL MARKETS DATADividend Paying Shipping StocksStock Prices as of September 13, 2019Company NameContainerCostamare IncSeaspan CorpTankersDHT Holdings, Inc.Navios Maritime Acquisition CorpNordic American Tankers LimitedScorpio Tankers IncTsakos Energy Navigation LtdMixed FleetShip Finance International LimitedLNG/LPGGasLog LtdMaritime MLPsCapital Product Partners L.P.Dynagas LNG Partners *GasLog Partners LPGolar LNG Partners, L.P.Hoegh LNG PartnersKNOT Offshore Partners L.P.Navios Maritime PartnersTeekay LNG Partners L.P.Teekay Offshore Partners L.P.Offshore DrillingSeadrill /13/2019AnnualizedDividend YieldCMRE EquitySSW Equity 0.10 0.125 0.40 0.50 6.45 11.596.20%4.31%DHT EquityNNA EquityNAT EquitySTNG EquityTNP Equity 0.02 0.30 0.01 0.10 0.05 0.08 1.20 0.04 0.40 0.20 6.07 7.18 2.05 31.93 3.021.32%16.71%1.95%1.25%6.62%SFL Equity 0.35 1.40 14.299.80%GLOG Equity 0.15 0.60 13.924.31%CPLP EquityDLNG EquityGLOP EquityGMLP EquityHMLP EquityKNOP EquityNMM EquityTGP EquityTOO Equity 0.315 0.0625 0.55 0.4042 0.44 0.52 0.30 0.190.01 1.260 0.25 2.200 1.62 1.76 2.08 1.20 0.760.04 10.76 1.22 19.61 9.62 15.55 18.78 19.16 16.20 3.36%SDLPF Equity 0.01 0.04 0.964.17%*As mentioned in the Dynagas LNG partners Press Release of June 5, 2019, “The Partnership is in an advanced stage with potential banks and lending sources for a potentialfinancing transaction which, among other things, may provide funding for the payment due on the maturity date of the 2019 Notes, and/or Term Loan B, or a combination ofthe foregoing. The terms of the potential financing transaction, as currently contemplated, will require the Partnership to eliminate distributions on its common units untilthe new indebtedness is repaid. The Partnership has not yet entered into any definitive binding documentation and although expects to finalize such financing transactionwithin the next two months, it can provide no assurance that it will be able to do so prior to the maturity of the 2019 Notes on terms acceptable to the Partnership or at all.”8
Monday, September 16 2019 (Week 37)CAPITAL MARKETS DATAPreferred Shipping StocksStock Prices as of September 13, ge*50perpetual7.625% 25.00 24.067.92%0.79%18.56 - 24.90CMRE PRC100perpetual8.50% 25.00 25.188.44%0.52%18.50 - 25.87Costamare Series DCMRE PRD100perpetual8.75% 25.00 25.568.56%0.59%18.64 - 26.79Costamare Series ECMRE PRE115perpetual8.875% 25.00 25.828.59%-0.31%19.15 - 26.15DSXPRB65perpetual8.875% 25.00 25.298.77%0.96%20.61 - 25.80DLNGPRA75perpetual9.000% 25.00 16.4813.66%-4.49%16.23 - 26.34DLNGPRB55perpetual8.75% 25.00 14.5015.09%-5.84%14.13 - 24.75GLOGA111perpetual8.75% 25.00 26.778.17%0.26%24.34 - 27.47GSLB35perpetual8.75% 25.00 24.438.95%1.29%15.76 - 25.25Safe Bulkers Series CSBPRC58perpetual8.00% 25.00 22.388.94%2.20%16.70 - 24.40Safe Bulkers Series DSBPRD80perpetual8.00% 25.00 22.688.82%2.30%16.13 - 24.30Seaspan Series DSSWPRD128perpetual7.95% 25.00 25.167.90%-0.16%19.05 - 25.50Seaspan Series ESSWPRE135perpetual8.20% 25.00 25.458.06%-0.59%19.75 - 25.92Seaspan Series GSSWPRG100perpetual8.25% 25.00 25.408.12%0.06%19.47 - 26.05Seaspan Series HSSWPRH225perpetual7.875% 25.00 25.217.81%0.04%18.68 - 25.60Seaspan Series ISSWPRI150perpetual8.000% 25.00 25.517.84%-1.20%19.35 - 26.20Teekay Offshore Series ATOOPRA150perpetual7.25% 25.00 16.6910.86%0.38%14.10 - 23.35Teekay Offshore Series BTOOPRB125perpetual8.50% 25.00 16.8612.60%-1.05%15.70 - 25.01Teekay Offshore Series ETOOPRE120perpetual8.875% 25.00 16.6013.37%-1.08%15.71 - 25.30Teekay LNG Partners SeriesATGP A125perpetual9.00% 25.00 26.138.61%-0.10%22.53 - 26.37Teekay LNG Partners SeriesBTGP B170perpetual8.50% 25.00 25.328.39%0.48%20.40 - 25.39Tsakos Energy Series CTNPPRC50perpetual8.875% 25.00 25.758.62%0.47%22.86 - 26.00Tsakos Energy Series DTNPPRD85perpetual8.75% 25.00 21.6710.09%0.79%16.57 - 25.25Tsakos Energy Series ETNPPRE115perpetual9.250% 25.00 21.6710.67%-0.26%16.88 - 25.52Tsakos Energy Series FTNPPRE135perpetual9.50% 25.00 22.3410.63%0.84%17.48 - 25.50TickerAmountIssued( m)Costamare Series BCMRE PRBCostamare Series CCompanyDiana Shipping Series BDynagas LNG PartnersSeries ADynagas LNG PartnersSeries BGasLog Series AGlobal Ship Lease Series B(1) Annual dividend percentage based upon the liquidation preference of the preferred shares.* Prices reflected are since inception date:9
Monday, September 16 2019 (Week 37)CAPITAL MARKETS DATAIndicesWeek ending September 13, 2019BALTIC INDICESIndexSymbol9/13/20199/6/2019% ChangeYTD %Change1/2/2019Baltic Dry IndexBDIY Index2,312.002,462.00-6.0980.341282Baltic Capesize IndexBCI14 Index4,547.004,949.00-8.12128.841987Baltic Panamax IndexBPIY Index2,133.002,216.00-3.7553.341391Baltic Supramax IndexBSI58A Index1,299.001,338.00-2.9134.33967Baltic Handysize IndexBHSI Index691.00689.000.2917.52588Baltic Dirty Tanker IndexBIDY Index708.00683.003.66-29.831009Baltic Clean Tanker IndexBITY Index450.00459.00-1.96-32.43666TRANSPORTATION ange%52 weekhigh52 weeklow1/2/2019Genco Shipping & Trading LtdDiana Shipping IncDryShips IncEurodryEagle Bulk Shipping IncFreeSeas IncGlobus Maritime LtdGolden Ocean GroupNavios Maritime Holdings IncNavios Maritime Partners LPParagon Shipping IncSafe Bulkers IncScorpio BulkersSeanergy MaritimeStar Bulk Carriers TSHIPSBLK 10.97 3.46 5.23 7.40 5.00 0.00 2.27 6.56 4.82 19.16 0.02 2.18 6.94 0.58 11.27 10.01 3.42 5.19 7.87 4.78 0.00 2.27 6.39 4.65 16.73 0.02 2.05 6.39 0.59 6%14.52%17.16%6.34%8.61%-2.19%5.43% 14.65 4.18 6.75#N/A 5.84 0.01 9.44 9.95 8.50 29.70 0.02 3.04 7.34 14.62 15.11 7.18 2.45 3.16#N/A 4.02 0.00 1.66 4.36 1.73 11.81 0.00 1.35 3.75 0.51 6.47 8.29 3.23 5.88 8.53 4.72 0.00 3.14 6.23 3.20 14.70#N/A N/A 1.95 5.70 0.51 631TANKERSTicker9/13/20199/6/20191/2/20193-Month Avg.Vol.Ardmore Shipping CorpDiamond S ShippingDHT Holdings IncEuronav NVFrontline Ltd/BermudaKnot Offshore PartnersNavios AcquisitionNordic AmericanOverseas ShipholdingPyxis TankersScorpio Tankers IncTeekay Offshore Partners LPTeekay Tankers LtdTop ShipsTsakos Energy Navigation TNP 7.65 11.96 6.07 8.86 9.19 18.78 7.18 2.05 1.71 1.24 31.93 1.19 1.24 3.82 3.02 6.34 10.95 5.73 8.16 8.50 18.59 6.65 1.78 1.70 1.27 29.51 1.19 1.12 7.39 2.97 4.64#N/A N/A 4.05 7.21 5.64 18.06 3.77 2.11 1.68 0.99 18.70 1.33 0.97 0.87 177,846Change % 52 wk high 52 wk -2.36%8.20%0.00%10.71%-48.31%1.68%10 8.65 14.23 6.20 10.09 9.32 22.45 9.00 3.40 3.55 3.10 30.38 2.42 1.40 42.00 3.66 4.48 9.65 3.79 6.93 4.90 17.28 3.08 1.71 1.50 0.65 15.30 1.06 0.91 5.81 2.63Three MonthAvg. Volume
Monday, September 16 2019 (Week 37)CAPITAL MARKETS DATACONTAINERSTicker9/13/20199/6/2019Change %52 wk high52 wk low1/2/20193-Month Avg.Vol.Box Ships IncTEUFF#N/A N/A 0.000.00% 0.01 0.00 0.0141,622Capital Product PartnersCPLP 10.76 10.462.87% 13.71 9.69 10.45103,771Costamare IncCMRE 6.45 5.978.04% 6.86 4.22 4.61320,891Danaos CorpDAC 8.05 6.7918.56% 23.10 6.70 0.857,325Diana Containerships IncDCIX 0.96 0.942.67% 2.19 0.57 0.74195,850EuroseasESEA 0.63 0.63-0.77% 2.40 0.51 0.6636,697Global Ship Lease IncGSL 6.85 6.593.95% 9.20 4.26 5.5618,284Seaspan CorpSSW 11.59 10.589.55% 10.55 7.17 8.15547,734LPG/LNGTicker9/13/20199/6/2019Change %52 wk high52 wk low1/2/2019Dynagas LNG PartnersDorianGasLog LtdGaslog PartnersGolar LNG LtdGolar LNG Partners LPHoegh LNG PartnersNavigator GasStealthGas IncTeekay LNG Partners LPDLNGLPGGLOGGLOPGLNGGMLPHMLPNVGSGASSTGP 1.22 10.59 13.92 19.61 13.14 9.62 15.55 9.81 3.20 16.20 1.23 10.65 12.52 19.13 11.64 9.46 15.23 9.53 3.08 .90%7.78% 9.04 10.65 22.59 25.45 29.72 15.32 19.91 12.49 4.14 17.18 1.17 5.29 11.41 17.98 11.21 9.37 14.30 8.97 2.76 10.80 3.71 5.82 17.02 20.21 22.64 11.20 15.90 9.75 2.86 11.70MIXED FLEETTicker9/13/20199/6/2019Change %52 wk high52 wk low1/2/20193-Month Avg.Vol.Grindrod ShippingGRIN 11.36 5.60-0.71% 8.57 4.70N/AN/AShip Finance International LtdSFL 14.29 14.40-0.76% 14.21 10.53 10.96576,428Teekay CorpTK 4.46 3.7817.99% 7.31 2.82 3.45687,601MLPsTicker9/13/20199/6/2019Change %52 wk high52 wk low1/2/2019Capital Product PartnersDynagas LNG PartnersGasLog PartnersGolar LNG Partners LPHoegh LNG PartnersKNOT Offshore PartnersNavios PartnersTeekay OffshoreTeekay LNGCPLPDLNGGLOPGMLPHMLPKNOPNMMTOOTGP 10.76 1.22 19.61 9.62 15.55 18.78 19.16 1.19 16.20 10.46 1.23 19.13 9.46 15.23 18.59 16.73 1.19 8% 13.71 9.04 25.45 15.32 19.91 22.45 29.70 2.42 17.18 9.69 1.17 17.98 9.37 14.30 17.28 11.81 1.06 10.80 10.45 3.71 20.21 11.20 15.90 18.06 14.70 1.33 11.70OFFSHORE DRILL RIGSTicker9/13/20199/6/201952 wk low1/2/2019Diamond Offshore DrillingValaris Plc.Noble Corp.Pacific DrillingSeadrill Ltd.TransoceanVantage Drilling CompanyDOESVNEPACDDSDRLRIGVTGDF 7.69 6.35 1.89 6.12 3.17 5.73 0.01 7.36 5.98 1.75 6.16 2.68 5.04 0.01 5.36 3.74 1.02 3.79 2.09 3.86 0.01 9.74 14.92 2.75 13.94 10.32 7.14 0.01Change % 52 wk high4.48%6.19%8.00%-0.65%18.28%13.69%-28.00%11 20.80 37.64 7.19 5,000.00 26.55 14.18 0.023-Month 7104,604115,42743,683180,4483-Month ,962366,776180,4483-Month 319,441,978156,681
Monday, September 16 2019 (Week 37)Oslo-Listed Shipping Comps(currency in NOK)Ticker9/13/20199/6/2019Change %52 wk high52 wk low1/2/2019Golden OceanStolt-Nielsen Ltd.Frontline Ltd.Jinhui Shpg. & TransOdfjell (Common A Share)American Shipping Co.Hoegh LNGGOGLSNIFROJINODFAMSCHLNG 58.95 106.00 83.55 7.87 28.60 34.75 37.50 57.00 100.20 77.50 7.96 26.60 34.00 36.303.42%5.79%7.81%-1.13%7.52%2.21%3.31% 81.15 134.20 81.25 14.18 33.30 35.75 45.75 38.80 95.90 42.22 7.07 23.20 27.10 31.45 52.10 104.60 48.34 7.92 29.40 32.45 39.05OFFSHORE SUPPLYTicker9/13/20199/6/2019Change %52 wk high52 wk low1/2/2019Hornback OffshoreHOS 0.75 0.80-5.38% 5.97 0.60 1.513-Month 133-Month Avg.Vol.116,338Hermitage OffshorePSV 1.48 1.461.37% 10.30 1.35 4.3321,796TidewaterTDW 17.73 15.1816.80% 34.89 15.15 20.55215,867Seacor HoldingsCKH 49.98 47.245.80% 51.02 35.07 37.9274,33212
Monday, September 16 2019 (Week 37)CAPITAL MARKETS DATAShipping Equities: The Week in ReviewSHIPPING EQUITIES OUTPERFORMED THE BROADER MARKETShipping equities outperformed the indices last week, with the Capital Link Maritime Index (CPLMMARI) -- acomposite index of all US listed shipping stocks – up 6.74%, compared to the S&P 500 (SPX) which went up0.96%, Nasdaq (CCMP) up 0.91%, and Dow Jones Industrial Average (INDU) up 1.58%.The Capital Link Maritime Indices had a great week with six of the seven indices closing with gains and onefinishing in the red. The best performer this week was the Container Index (CPLMCONT) with a gain 9.45%,while the Mixed Fleet Index (CPLMMIXD) was the worst performer with a loss of 1.85%.The Baltic Indices had a poor performance this week with two of the seven indices finishing with gains and theremaining five closing in the red. The Dirty Tanker Index (BDTI) was the best performer with an increase of3.66%, while the Capesize Index (BCI) was the worst per
DYNAGAS LNG PARTNERS ANNOUNCES DATE FOR THE . MONACO –September 10, 2019 - Dynagas LNG Partners LP (NYSE: “DLNG”) (“Dynagas Partners” or the “Partnership”), an owner and operator of LNG carriers, today announced that it will release its . the Hunter Group ASA and Hartree Maritime Partners LLC,
SHIPPING INDUSTRY Institutional shareholders currently investing 1,200 in shipping companies listed in the US 49 Shipping companies currently listed in the US 35 Analysts who follow shipping industry 20.5B Total Market Cap in the Shipping Industry 13.8B Held by institutional and retail shareholders 2 Shipping Industry Overview
Company Profiles, News, Presentations, Earnings & Conference Calls Schedule, SEC Fillings Shipping Markets . becoming the largest provider of Investor Relations and Financial Communications services to international shipping companies listed on the US and European Exchanges. Capital Link's headquarters are in New York with a presence in .
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d'Amico International Shipping's ("DIS") Highlights Shipping company with strong reputation, international brand and shipping expertise Origins traced to 1936 One of the youngest fleets in the industry with 35 vessels (MR and Handy), of which 68% are IMO classed1 Partnerships with industry market leaders
Introduction 2021 Capital Markets Fact Book Page 7 US Capital Markets Are the Largest in the World The U.S. capital markets are largest in the world and continue to be among the deepest, most liquid, and most efficient. Equities: U.S. equity markets represent 38.5% of the 105.8 trillion in global equity market cap, or 40.7 trillion; this
capital markets are crucial to the efficient allocation of credit and investment. To be most beneficial, capital markets must be able to function freely, rewarding strong performers and penalising those who are unable to deploy capital effectively. Looking forward to 2020, capital markets will play an increasingly important role in providing
1x 2x 3x 4x 5x 6x 7x 8x 9x 10x 11x 12x 13x 14x 15x 16x s Multiple on 2-Day Shipping Price Price Sensitivity One-day shipping Same-day shipping 8-hour shipping 5-hour shipping Less than 5-hour shipping Survey Results: Cargo ElasticityAuthor: William BastedoPublish Year: 2021
COVID-19 - Potential implications on Banking and Capital Markets 06 Capital markets Overview of Ghana’s capital market Ghana’s capital market is gradually playing a pivotal role in attracting long-term capital financing for economic activities. The largest capital market i
