Double Hull Tankers Shares Slide

Tuesday, August 15, 2006
Shares of Double Hull Tankers Inc., shipper of crude oil, fell on Monday after a Citigroup analyst said the stock was overvalued, the Associated Press reported. Double Hull Tankers fell 47 cents, or 3.2 percent, to $14.36 in midday trading on the New York Stock Exchange. Earlier in the session, shares dipped as low as $14.11. The stock has traded in a range of $10.50 and $15.49 since going public in October. Last week, the company reported second quarter earnings of $6.7 million, or 22 cents per share, which matched the forecast of analysts polled by Thomson Financial. (Source: AP)
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

FSL Trust Inks Tanker Contracts

FSL Trust Management Pte. Ltd., as trustee-manager of First Ship Lease Trust announced new time charter agreements for FSL Shanghai, FSL Hamburg and FSL Singapore.

Hercules-2 Officially Launched

MAN Diesel & Turbo, Wärtsilä and Winterthur Gas & Diesel to collaborate on major, EU-funded project.   A major cross-industry initiative led by MAN Diesel & Turbo,

ST Marine Launches First LMV for RSN

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching ceremony for the first

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1091 sec (9 req/sec)