NEW YORK, July 17, 2017 /PRNewswire/ --
If you want a Stock Review on SFL, SSW, TNK or SB then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Moody's Japan K.K.
says that the outlook for the global Shipping industry is stable, underpinned by a moderation in the excess supply in vessels for
the dry bulk and containership sectors, while EBITDA for the rated shipping companies, generally, will fall modestly
this year on an organic basis, excluding M&A. This morning, DailyStockTracker.com takes a closer look at the most recent
performances of Ship Finance International Ltd (NYSE: SFL), Seaspan Corp. (NYSE: SSW), Teekay Tankers Ltd (NYSE: TNK), and Safe
Bulkers Inc. (NYSE: SB). Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register/
Ship Finance
Hamilton, Bermuda-based Ship Finance International Ltd's stock rose 1.14%, finishing last
Friday's trading session at $13.35. A total volume of 551,344 shares was traded. The Company's
shares have gained 3.09% in the last month. The stock is trading below its 50-day moving average by 0.45%. Additionally, shares
of Ship Finance, which owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the UK, and the Marshall
Islands, have a Relative Strength Index (RSI) of 52.79.
On July 13 th, 2017, Ship Finance announced that its 2017 Annual General Meeting will
be held on September 22 nd, 2017, in Hamilton, Bermuda.
The record date for voting at the Annual General Meeting is July 24 th, 2017. The formal
Notice of Annual General Meeting and associated information will be distributed prior to the meeting. The Company's Annual Report
on Form 20-F can be found on its website. See our free and comprehensive research report on SFL at: http://dailystocktracker.com/registration/?symbol=SFL
Seaspan
Shares in Central, Hong Kong-based Seaspan Corp. ended at $6.74, down 1.17% from the last trading session. The stock recorded a trading volume of 645,388 shares. The
Company's shares have advanced 10.31% in the past month. The stock is trading 10.25% above its 50-day moving average. Moreover,
shares of Seaspan, which operates as an independent charter owner and manager of containerships in Hong
Kong, have an RSI of 55.95.
On June 30 th, 2017, Seaspan announced that it is continuing its discussion of
employment agreement modifications with Gerry Wang, its CEO, Co-Chairman, and Co-Founder, and
expects to conclude discussions prior to the end of July. There is no assurance that the duo will reach any agreement on Mr.
Wang's employment terms. For now, his existing employment agreement, entered into in May 2016 and
amended in April 2017, continues to apply. SSW free research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=SSW
Teekay Tankers
On Friday, shares in Hamilton, Bermuda-based Teekay Tankers Ltd recorded a trading volume of
636,947 shares. The stock declined 0.58%, closing the day at $1.72. The Company's shares are
trading 7.76% below their 50-day moving average. Additionally, 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 40.80.
On June 19 th, 2017, Teekay Tankers announced that, at its 2017 Annual General
Meeting held last June 15 th, 2017, Kenneth Hvid, a
Director of Teekay Tankers and President and CEO of Teekay Corporation, reviewed key developments since the Company's last Annual
General Meeting in June 2016. Meeting highlights included 2016 GAAP net income and adjusted net
income of $62.9 million and $81.2 million, respectively, and free
cash flow of $186.7 million. Sign up for your complimentary report on TNK at: http://dailystocktracker.com/registration/?symbol=TNK
Safe Bulkers
At the close of trading on Friday, shares in Monaco-based Safe Bulkers Inc. recorded a
trading volume of 661,529 shares, which was higher than their three months average volume of 579,660 shares. The stock finished
the session flat at $2.70. The Company's shares have gained 14.89% in the past month, 11.11% in the
previous three months, and 134.78% since the start of this year. The stock is trading above its 50-day and 200-day moving
averages by 21.84% and 56.09%, respectively. Furthermore, shares of Safe Bulkers, which provides marine drybulk transportation
services worldwide, have an RSI of 65.84.
On July 12 th, 2017, Safe Bulkers announced that its Board of Directors has declared
a cash dividend of $0.50 per share on its 8.00% Series B Cumulative Redeemable
Perpetual Preferred Shares for the period of April 30 th, 2017, to
July 29 th, 2017. The dividend will be paid on July 31
st, 2017, to all shareholders of record as of July 24 th, 2017. Register
for free on DailyStockTracker.com and download the latest research report on SB at: http://dailystocktracker.com/registration/?symbol=SB
--
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