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Diamond S Shipping Inc. (NYSE: DSSI) (the “Company”) announced today that the Board of Directors of the Company has fixed the close of business on April 6, 2020 as the record date for the determination of the shareholders entitled to vote at the Company’s 2020 annual meet...
Diamond S Shipping Inc. (NYSE: DSSI) (the “Company”) announced today that Mr. Gerasimos Ventouris has resigned from the Company’s Board of Directors (the “Board”), effective March 23, 2020. Mr. Ventouris had been designated as a director pursuant to the Dire...
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...
NEW YORK, March 19, 2020 (GLOBE NEWSWIRE) -- Capital Link is pleased to announce that the 14th Annual International Shipping Forum will take place as a Digital Forum on Monday, March 30 & Tuesday, March 31, 2020 (New York time). The event is organized in partnership with Citi and in coo...
This article is part of a series that provides an ongoing analysis of the changes made to Prem Watsa’s 13F portfolio on a quarterly basis. It is based on Watsa’s regulatory 13F Form filed on 02/14/2020. Please visit our Tracking Prem Watsa’s Fairfax Financial Holdings P...
Note: This report was originally published on March 4th on Value Investor's Edge , a Seeking Alpha subscription service. Overview After about 20 years of participation I have gone from the reactionary trader, who would have been trying to make sense of daily soundbites and form a co...
Image Credit: DHT Holdings, Q4-19 Presentation Background: Oil Price War Begins With the Coronavirus (COVID-19) threatening to crush near-term global oil demand, OPEC called an emergency meeting with Russia last week to negotiate additional oil cuts in an attempt to further stabilize p...
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 ...
Oil traders and Asian refiners chartered another 25 Very Large Crude Carriers in the past 48 hours with rates hitting $300K/day, Lloyd's List reports. More news on: Frontline Ltd., Nordic American Tankers Limited, Navios Maritime Acquisition Corporation, Energy stocks news, Read mo...
Benchmark Middle East-to-China tankers surged 12% to WS 54.58, the highest since Jan. 30 and equating to dayrates of $38,694, up 28% from Friday, Bloomberg reports, citing Baltic Exchange data. More news on: Frontline Ltd., Nordic American Tankers Limited, Navios Maritime Acquisition Corpo...
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International Seaways, Inc. (NYSE: INSW) (“INSW”) and Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”) announced today that the required waiting period has expired under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”) in c...
Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”, or the “Company”), one of the largest publicly listed owners and operators of crude oil and product tankers, today announced results for the first quarter of 2021. Highlights for the First Quarter and R...
Creates Second Largest US-Listed Tanker Company by Vessel Count and Third Largest by Dwt with an Enterprise Value of Approximately $2 Billion Significant Synergies and Efficiencies to Drive Annual Cost Savings of over $23 Million and Revenue Synergies over $9 Million ...