Tag Archives: GLNG

Golar LNG splitting up operations

http://www.golarlng.com/Stock_Exchange_Releases/Press_Releases.html The last time I wrote about Golar LNG [[GLNG]], they were discussing spinning off the development side of their business from the money making side. The press release above makes the move formal. A new subsidiary will be formed called Golar LNG Energy Limited. It will hold the assets that are currently “such part of [...]
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Golar LNG 1st quarter results

Golar LNG – Press Releases. Golar LNG has 15 vessels dedicated to the transportation of liquified natural gas. They are in the process of expanding their services by converting some LNG tankers to Floating Storage and Regasification Units (FSRU). They currently have tow FSRUs on contract with Petrobras and two more LNG tankers being converted to [...]
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Suspended dividend shipping company list

I have received an email requesting a list of shipping companies that have suspended or slashed their dividends. I have been tracking the shipping stocks I know of using Google Portfolios and have kept a sub-portfolio of the companies which have suspended dividends. This list is compiled from my own reading and research so any [...]
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Shipping Stocks Performance Year-to-Date

It is (almost) the end of the first quarter of 2009 so I thought I would put up a little data on how the shipping stocks I track have fared. I keep a Google portfolio that has been tracking the values of 42 shipping stocks on an equal dollar weighted average since January 1, 2009. [...]
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Golar LNG year end highlights

293315.pdf (application/pdf Object). Biggest news: Golar LNG GLNG is now added to the suspended dividend list. Reading through the linked earnings report show a company and sector with more capacity to move LNG than there is LNG move. LNG processing plants under construction now will increase capacity by 60% over the next couple of years but [...]
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