EdgeWater 3/30/2011 2:18:56 AM
News / Business

Shipping Stocks Trading Higher (DRYS, TNK, GMR, HOS)

Shipping Stocks Trading Higher

DryShips Inc. (NASDAQ:DRYS) slid 0.20% to $4.95. The stock has a 52-week range of $3.28-$6.82.

The stock has average daily volume of 11.40 million shares. At current market price, the market capitalization of the company stands at $1.85 billion.

Teekay Tankers Ltd. (NYSE:TNK) jumped 9.44% to $10.67. Teekay Tankers Ltd. is engaged in the international marine transportation of crude oil through the operation of its oil tankers.

The stock opened at $10.17 and is trading within the range of $10.06-$10.86.

General Maritime Corp (NYSE:GMR) added 1.95% to $2.09. The stock has a 52-week range of $1.75-$8.82.

The stock has average daily volume of 2.50 million shares. At current market price, the market capitalization of the company stands at $185.81 million.

Hornbeck Offshore Services, Inc. (NYSE:HOS) gained 1.13% to $31.24. Hornbeck Offshore Services, Inc. through its subsidiaries, operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), 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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