Tag Archives: NM
Video of Navios CEO
Navios Holdings CEO Angeliki Frangou discusses the state of the bulk shipping sector with CNBC on June 23, 2009. Also comments from Seaspan CEO, Jerry Wang. The container market comments are very interesting. NM SSW
Navios Maritime Partners increases fleet size
News Release.
The news release linked above has pretty much slipped under the radar for the major investment websites. As of this morning Navios Maritime Partners NMM does not even have it linked on their website. I listened to the conference call and they referenced some slides, but I have not been able to find them [...]
Shipping Stocks dividends 2009, Part II
A couple of days ago I started a series of articles to review the dividends paid in the first half of 2009 by the shipping stocks I follow on this site. You can read the 1st article here. There are 25 stocks on my list that paid a distribution so far this year and I [...]
Interesting Q1 numbers for Navios Maritime
News Release.
As I read through the press release for the 1st quarter earnings of Navios Maritime Holdings, a couple of figures really caught my eye. First, was the sharp drop in revenue from the first quarter of 2008. Revenue decreased 56% from $338 million to $147 million. Yet at the same time EBIDTA increased 12% [...]
JPMorgan Aviation & Transportation Conference highlights. Pt. II
Here are some more notes and impression on shipping stocks that presented at the conference.
General Maritime Corp. GMR Owner of 31 double hull tankers on long term time charters. They completed a merger with Arlington Tankers in December 2008 which added 35% to the fleet and also gave them exposure to the refined products shipping [...]
Quality of Dividends, Part IV