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NNA News and Press, Navios Maritime Acquisition Corporation From 04/21/20

Stock Information

Company Name: Navios Maritime Acquisition Corporation
Stock Symbol: NNA
Market: NYSE
Website: navios-acquisition.com

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NNA - BYND, OPK among premarket gainers

Energous (NASDAQ: WATT ) +143%  on FCC certification . More news on: Energous Corporation, Vaxart, Inc., My Size, Inc., Stocks on the move, , Read more ...

NNA - Oil Chaos: Crude Tankers With Perfect Setup

Note: I highlighted the 'Buy Crude Tankers' thesis in a fully public report on 13 March. I recommend reading that one for initial context. Image Credit: DHT Holdings, Q4-19 Presentation Background: COVID-19 Sparks Oil Oversupply Coronavirus (COVID-19) descended with a fury u...

NNA - Contango With Me - Tanker Breakeven Analysis

It's hard to not get excited when you hear Lloyd's reporting that a tanker was put on charter for a record amount of more than $410,000 per day. Combine that with news reports of route rates at the highest they have been in most trader's lifetimes, and one might think that the seaborne tan...

NNA - Oil tanker freight rates tumble by nearly half from last week

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...

NNA - LK, APA, DO and GMLP among midday movers

Gainers: Cellect Biotechnology (NASDAQ: APOP ) +109% . More news on: Cellect Biotechnology Ltd., ION Geophysical Corporation, Diamond Offshore Drilling, Inc., Stocks on the move, , Read more ...

NNA - VLCC charter rates skyrocket past $200K per day

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 ...

NNA - Oil tanker rates keep surging amid one of 'greatest quarters in history'

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 ...

NNA - Traders book more oil tankers for sea storage as rates surge

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 ...

NNA - Oil tanker firm predicts 100M barrels of oil stored on ships

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...

NNA - Oil tanker rates slip from record highs but still above average - Reuters

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...

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