NM News and Press, Navios Maritime Holdings Inc. From 05/05/20

Tanker shares post broad losses as rates continue to fall sharply with oil prices rebounding, prompting a reversal of bullish sentiment and a new question from Hellenic Shipping News :  Will tanker stocks crash as fast as they soared? More news on: Nordic American Tankers Limited, ...

Note: This is an update from our previous report , published on Wednesday morning, 4 March. I highly suggest reviewing that previous article and the comments section underneath for more context. I am returning to review our list of top-12 picks after we smoked the market over the past two mo...

MONACO, April 22, 2020 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE: NM) announced today that its Annual Report on Form 20-F for the year ended December 31, 2019 has been filed with the SEC and can be accessed on Navios Holdings’ website www.navios.co...

Supertanker freight rates have fallen after last week's highs as industry participants await the outcome of this week's OPEC+ meeting before making further bookings, Reuters reports. More news on: Frontline Ltd., Euronav NV, International Seaways, Inc., Energy stocks news, Read more...

Oil tanker rates keep climbing, with benchmark Middle East-to-China rates rising another 2.8% overnight to WS 212.71, equating to daily earnings of $241K, according to Baltic Exchange data. More news on: Frontline Ltd., Euronav NV, International Seaways, Inc., Energy stocks news, Read ...

Supertanker freight rates are on the rise again as producers, refiners and traders scramble to secure ships for transport or storage amid an increasing global glut of oil. More news on: Euronav NV, Frontline Ltd., Nordic American Tankers Limited, Energy stocks news, Read more ...

Oil traders have chartered at least five supertankers in the past day with options to store oil at sea, as global stocks rise after the U.S. decided not to purchase oil for its emergency reserve, Reuters reports. More news on: Frontline Ltd., International Seaways, Inc., Nordic American ...

The oversupplied market may drive as much as 100M barrels of oil into floating storage "and probably more," International Seaways ( INSW +6.3% ) CEO Lois Zabrocky tells Bloomberg. More news on: International Seaways, Inc., Frontline Ltd., Nordic American Tankers Limited, Energy stoc...

Shippers say crude oil freight rates are easing off record highs as charterers balk at the nosebleed charges and await Saudi volume plans for April, Reuters reports. More news on: Frontline Ltd., Nordic American Tankers Limited, Navios Maritime Acquisition Corporation, Energy stocks news...

Benchmark Middle East-China tanker rates surge another 15% to WS 178.75, equating to earnings of $194,297/day, to reach a fresh YTD high, Bloomberg reports. More news on: Frontline Ltd., Nordic American Tankers Limited, Navios Maritime Acquisition Corporation, Energy stocks news, Read ...