NEW YORK, May 22, 2017 /PRNewswire/ --
Today, Stock-Callers.com directs attention to DryShips Inc. (NASDAQ: DRYS), Scorpio Tankers Inc. (NYSE: STNG), Teekay Tankers
Ltd (NYSE: TNK), and Diana Shipping Inc. (NYSE: DSX). According to Moody's Japan K.K., the outlook for the global Shipping
industry is stable, given that - after excluding M&As and spinoffs - the aggregate EBITDA of rated shipping companies will
remain at similar levels in 2017 as last year. Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
DryShips
Shares in Athens, Greece-based DryShips Inc. ended Friday's session 5.88% lower at
$4.00 with a total trading volume of 2.50 million shares. The stock has advanced 136.69% in the
last month. The Company's shares are trading 124.15% above their 50-day moving average. Moreover, shares of DryShips, which owns
and operates ocean going cargo vessels worldwide, have a Relative Strength Index (RSI) of 64.77.
On May 17 th, 2017, DryShips announced that it has taken delivery of the previously
announced 81,129-deadweight tons Kamsarmax drybulk carrier built in 2014. The vessel will be employed in the spot market. Since
the beginning of this year, the Company has taken delivery of five vessels, and expects to take delivery of twelve more by the
end of the year. Free research report on DRYS is available at: http://stock-callers.com/registration/?symbol=DRYS
Scorpio Tankers
Monaco-based Scorpio Tankers Inc.'s shares rose 2.48%, closing the day at $4.13. A total volume of 1.96 million shares was traded. The stock has advanced 1.71% in the last month. The
Company's shares are trading 2.32% below their 50-day moving average. Additionally, shares of Scorpio Tankers, which together
with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide, have an RSI of 47.96.
On May 08 th, 2017, Scorpio Tankers announced that it has reached an agreement with
an unrelated third party to sell two of its 2013 built MR product tankers - STI Sapphire and STI Emerald - for
approximately $56.4 million in aggregate. The sales are expected to close in June 2017, at which time the Company
will repay the outstanding secured debt for these vessels of $27.6 million in aggregate.
On May 12 th, 2017, research firm Bank of America/ Merrill upgraded the Company's
stock rating from 'Underperform' to 'Buy'. The complimentary research report on STNG can be downloaded at: http://stock-callers.com/registration/?symbol=STNG
Teekay Tankers
Last Friday, shares in Hamilton, Bermuda-based Teekay Tankers Ltd closed the session flat at
$1.93. The stock recorded a trading volume of 928,856 shares. The Company's shares are trading
6.40% below their 50-day moving average. Furthermore, shares of Teekay Tankers, which engages in the marine transportation of
crude oil and refined petroleum products through the operation of its oil and product tankers worldwide, have an RSI of
36.77.
On May 17 th, 2017, Teekay Tankers announced that its Board of Directors has declared
a cash dividend of $0.03 per share for the quarter ended March 31
st, 2017, representing the minimum quarterly dividend. The cash dividend is payable on June
02 nd, 2017 to all shareholders of record as of May 29 th, 2017. Visit
us today and access our complete research report on TNK at: http://stock-callers.com/registration/?symbol=TNK
Diana Shipping
Athens, Greece-based Diana Shipping Inc.'s stock finished the session 3.61% higher at
$3.73 with a total trading volume of 1.09 million shares. The Company's shares have advanced 23.51%
on YTD basis. The stock is trading above its 200-day moving average by 8.43%. Additionally, shares of Diana Shipping, which
provides shipping transportation services, have an RSI of 41.61.
On May 15 th, 2017, Diana Shipping announced that at its Annual Meeting of
Shareholders held last May 11 th, 2017 in Zurich,
Switzerland, the following was approved and adopted: the election of Apostolos
Kontoyannis, Semiramis Paliou, and Konstantinos Fotiadis as Class III Directors, to serve
until the Company's 2020 Annual Meeting of Shareholders; and the appointment of Ernst & Young (Hellas) Certified Auditors
Accountants S.A. as the Company's independent auditors for the fiscal year ending December 31
st, 2017. Get free access to your research report on DSX at: http://stock-callers.com/registration/?symbol=DSX
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