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 March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

UK Subsidises 8 Renewable Energy Contracts

The British government on Wednesday awarded investment contracts under a new subsidy regime to eight renewable energy projects, including five offshore wind farms and three biomass plants.

Two Navy Contracts for GD Bath Iron Works

Included in the latest listing of contracts awarded by the US Department of Defense, Navy, are two contracts with General Dynamics Bath Iron Works, Bath, Maine.

NIS Q1 Net Profit Up 18 %

Serbian oil company NIS , majority owned by Gazprom Neft, reported an 18 percent rise in net profit in the first quarter of 2014 on higher sales and improved production efficiency.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Repair 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: 0.0855 sec (12 req/sec)