Star Bulk Carriers Corp. Q3 2009 Earnings Call Transcript
Star Bulk Carriers Corp. (SBLK)Q3 2009 Earnings CallNovember 24, 2009 9:30 am ETComplete Story » seekingalpha.com |
Oil Transport IPO: Crude Carriers Corp.
SA Editor Mohit Manghnani submits:Crude Carriers Corp. (CRU), a company formed by Capital Maritime & Trading Corp. that focuses on the crude tanker industry, is expected to price its IPO this week. Business Overview (from prospectus)Complete Story » seekingalpha.com |
A Small Silver Lining to the Gulf Spill
Old Trader submits:While there's little question that the Gulf oil spill will, in all likelihood, go onto the Top 10 list of enviromental disasters, there may well be a silver lining for some investors.Those who hold tanker stocks in their portfolio might well benefit according an article on Bloomberg.com. Quoting Jens Martin Jensen, CEO of Frontline's management unit, there's a very good possibilty that rules banning single hull tankers may be tightened.Complete Story » seekingalpha.com |
Star Bulk Carriers Corp. Q2 2010 Earnings Call Transcript
Star Bulk Carriers Corp. (SBLK)Q2 2010 Earnings Call TranscriptAugust 11, 2010 8:30 am ETComplete Story » seekingalpha.com |
International Air Travel Now Above Pre-Recession Levels
Mark J. Perry submits: The International Air Transport Association (IATA) released international traffic results for September today, reported that international passenger traffic had a 10.5% year-on-year increase which is significantly stronger than the 6.5% rise recorded for August. International freight traffic recorded a 14.8% year-on-year increase, which is significantly weaker than the 19.0% rise recorded in August. The contrast between the performance of freight and passenger markets provides a mixed picture for industry performance. Seasonally adjusted figures show that, compared to the previous month (August), passenger traffic in September expanded by 2.1% while freight markets contracted by an equal 2.1%. Other highlights include: 1.North American carriers saw their traffic climb back to pre-recession (early 2008) levels during the month with an 11.1% increase in passenger demand compared to the previous September. 2. European carriers experienced an 8.4% increase in demand over the previous year. The region is now 2% above pre-recession levels. 3. Asia-Pacific carriers posted an 8.6% traffic increase over the previous September. Traffic in the region remains 2% below the pre-crisis peak of early 2008. 4. Middle Eastern carriers led the industry growth with a 23.9% increase compared to 2009, and Latin American carriers posted the industry’s weakest growth at 6.6%. 5. African carriers reported a 16% growth in demand over the previous September. The region is now 7% higher than the pre-recession levels of early 2008.Complete Story » seekingalpha.com |