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Breakfast Technical Briefing on Shipping Stocks — Ship Finance, Seaspan, Teekay Tankers, and Safe Bulkers

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

NEW YORK, July 17, 2017 /PRNewswire/ —

If you want a Stock Review on SFL, SSW, TNK or SB then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Moody’s Japan K.K. says that the outlook for the global Shipping industry is stable, underpinned by a moderation in the excess supply in vessels for the dry bulk and containership sectors, while EBITDA for the rated shipping companies, generally, will fall modestly this year on an organic basis, excluding M&A. This morning, DailyStockTracker.com takes a closer look at the most recent performances of Ship Finance International Ltd (NYSE: SFL), Seaspan Corp. (NYSE: SSW), Teekay Tankers Ltd (NYSE: TNK), and Safe Bulkers Inc. (NYSE: SB). Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register/

Ship Finance 

Hamilton, Bermuda-based Ship Finance International Ltd’s stock rose 1.14%, finishing last Friday’s trading session at $13.35. A total volume of 551,344 shares was traded. The Company’s shares have gained 3.09% in the last month. The stock is trading below its 50-day moving average by 0.45%. Additionally, shares of Ship Finance, which owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the UK, and the Marshall Islands, have a Relative Strength Index (RSI) of 52.79.

On July 13th, 2017, Ship Finance announced that its 2017 Annual General Meeting will be held on September 22nd, 2017, in Hamilton, Bermuda. The record date for voting at the Annual General Meeting is July 24th, 2017. The formal Notice of Annual General Meeting and associated information will be distributed prior to the meeting. The Company’s Annual Report on Form 20-F can be found on its website. See our free and comprehensive research report on SFL at: http://dailystocktracker.com/registration/?symbol=SFL

Seaspan 

Shares in Central, Hong Kong-based Seaspan Corp. ended at $6.74, down 1.17% from the last trading session. The stock recorded a trading volume of 645,388 shares. The Company’s shares have advanced 10.31% in the past month. The stock is trading 10.25% above its 50-day moving average. Moreover, shares of Seaspan, which operates as an independent charter owner and manager of containerships in Hong Kong, have an RSI of 55.95.

On June 30th, 2017, Seaspan announced that it is continuing its discussion of employment agreement modifications with Gerry Wang, its CEO, Co-Chairman, and Co-Founder, and expects to conclude discussions prior to the end of July. There is no

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