Quantcast

Posts related to ‘GNK’

DryShips Acquires Competitor (DRYS, OCNFD, EGLE, EXM, GNK)

Posted: July 26, 2011 at 9:51 am

In October 2007, shares of bulk carrier DryShips Inc. (NASDAQ: DRYS) traded as high as $124/share. The share price today is less than $4/share, but that is not stopping the ...
Read Full Story »

Commodity Watch: Iron Ore Demand Indicates Less Shipping (VALE, RIO, BHP, DSX, GNK, EXM, EGLE)

Posted: June 21, 2011 at 1:26 pm

Ever since the iron ore miners forced customers to accept quarterly price changes, the price for seaborne iron ore has more than doubled. China, the largest consumer of iron ore, ...
Read Full Story »

Shipping Faces Oversupply, Rising Fuel Costs (AMKBF, DRYS, GNK, DSX, EGLE, EXM)

Posted: May 11, 2011 at 1:15 pm

Danish shipping giant A.P. Moeller-Maersk A/S (OTC: AMKBF) posted profit of $1.22 billion for the first quarter on revenue of about $15.2 billion, both significantly better than the same period ...
Read Full Story »

Shipping Companies and the Japan Effect (DRYS, DSX, GNK, AMKBF, DAC, SSW, FRO, NAT, TK, TGP, GLNG, SEA)

Posted: March 21, 2011 at 10:54 am

As Japan recovers from the devastating earthquake and its aftermath, the country will depend heavily on importing raw materials into the country and exporting finished goods. There are a number ...
Read Full Story »