Tag Archives: OCNF

Interesting results for shipping subsectors

Taking a break from the reviews of earnings reports I thought I would pass along some interesting results for stock returns I am tracking. I am following year-to-date returns for the publicly traded shipping stocks and also break them down by subsectors. Over the last month or so the different sectors have really started separating [...]
Posted in Container, Dry Bulk, Featured, Mixed, Tanker | Also tagged , | 2 Comments

OceanFreight Inc. not doing well

ocnf051909.pdf application/pdf Object. The short earnings release linked above from OceanFreight Inc. shows why this is one of the worst performing shipping stocks for 2009. Falling revenue compared to a year earlier. Higher interest expense. Increasing costs. I see no good reason to own this stock.
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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. [...]
Posted in Container, Dry Bulk, Featured, Other, Tanker | Also tagged , , , , , , , , , , , , | 5 Comments

The suspended dividend list

When I started putting together a list of shipping stocks for this blog I decided to have sub-lists related to the sub-sectors in the industry. Another thought was to separate out the dividend paying stocks, since that tends to be a major attraction in the shipping space. That genius idea led to the formation of [...]
Posted in Dry Bulk, Featured | Also tagged , , , , , | 4 Comments