EdgeWater 3/16/2011 12:44:24 AM
News / Business

Shipping Stocks Alert (DRYS, NAT, EGLE, HOS)

Shipping Stocks Alert

DryShips Inc. (NASDAQ:DRYS) fell 3.35% to $4.62. The stock has a 52-week range of $3.28-$6.82.

The stock has average daily volume of 11.37 million shares. At Current market price, the market capitalization of the company stands at $1.36 billion.

Nordic American Tanker Shipping Limited (NYSE:NAT) surged 0.20% to $25.34. Nordic American Tanker Shipping Limited is an international tanker company that owns 20 double-hull Suez max tankers, including four new building vessels, averaging approximately 157,000 dead weight (dwt) each.

The stock opened at $25.25 and is trading within the range of $25.95-$25.34.

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) lost 5.15% to $3.68. The stock has a 52-week range of $3.65-$5.97. The stock has average daily volume of 2.57million shares. At Current market price, the market capitalization of the company stands at $230.23 million.

Eagle Bulk Shipping Inc. is engaged primarily in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.

Hornbeck Offshore Services, Inc. (NYSE:HOS) slid 0.42% to $28.28. Hornbeck Offshore Services, Inc. through its subsidiaries, operates offshore supply vessels, multi-purpose support vessels, and a shore-base facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico, and select international markets.

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