Morning Technical Insight on These Shipping Stocks -- Safe Bulkers, Ship Finance, Scorpio Tankers, and Teekay

NEW YORK, Jan. 17, 2018 /PRNewswire/ -- strives to bring the best free research to the investment community. Today we are offering reports on SB, SFL, STNG, and TK which can be accessed for free by signing up to Research coverage has been initiated by on Safe Bulkers Inc. (NYSE: SB), Ship Finance International Ltd (NYSE: SFL), Scorpio Tankers Inc. (NYSE: STNG), and Teekay Corp. (NYSE: TK). According to a blog article recently published by The Maritime Executive and written by Sri Laxmana, Vice President of Global Ocean Product at C.H. Robinson, global Shipping in 2018 will be relatively similar to 2017, overall. As carriers jockey for market share, there could be rate volatilities. Some shippers will benefit, but service may suffer for others, especially for those who are trying to carry the right amount of inventory and who therefore find it difficult to cope if there are delays. All you have to do is sign up today for this free limited time offer by clicking the link below.

Safe Bulkers

Monaco-based Safe Bulkers Inc.'s shares saw a decline of 3.33%, finishing Tuesday's trading session at $3.48. A total volume of 603,184 shares was traded, which was higher than their three months average volume of 467,890 shares. In the last month and the previous three months, the stock has advanced 10.13% and 10.48%, respectively. Additionally, the Company's shares have surged 154.01% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.60% and 24.98%, respectively. Moreover, shares of Safe Bulkers, which provides marine drybulk transportation services worldwide, have a Relative Strength Index (RSI) of 56.29.

On January 12(th), 2018, Safe Bulkers announced that its Board of Directors has declared a cash dividend of $0.50 per share on the Company's 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares; a cash dividend of $0.50 per share on its 8.00% Series C Cumulative Redeemable Perpetual Preferred Shares; and a cash dividend of $0.50 per share on its 8.00% Series D Cumulative Redeemable Perpetual Preferred Shares, for the period from October 30(th), 2017, to January 29(th), 2018. Each dividend will be paid on January 30(th), 2018, to all shareholders of record as of January 23(rd), 2018. Get the full research report on SB for free by clicking below at:

Ship Finance International

On Tuesday, shares in Bermuda-based Ship Finance International Ltd recorded a trading volume of 915,707 shares, which was above their three months average volume of 670,970 shares. The stock ended the session 1.27% lower at $15.50. The Company's shares have gained 4.03% in the last month, 5.08% over the previous three months, and 0.98% over the past year. The stock is trading 1.81% above its 50-day moving average and 9.43% above its 200-day moving average. Furthermore, 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, an RSI of 55.62. To experience our free membership services anytime/ anywhere and access the free report on SFL, click to register at:

Scorpio Tankers

Shares in Monaco-based Scorpio Tankers Inc. closed at $3.14, down 2.79% from the last trading session. The stock recorded a trading volume of 3.91 million shares, which was above its three months average volume of 3.24 million shares. The Company's shares have gained 3.29% in the last month. The stock is trading 3.10% below its 50-day moving average. Additionally, shares of Scorpio Tankers, which together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide, have an RSI of 45.84. Join our big investor community at Wall St. Equities today and get your free report on STNG at:


Bermuda-based Teekay Corp.'s stock ended 1.42% lower at $10.39 with a total trading volume of 727,563 shares. The Company's shares have advanced 18.88% in the last month, 15.70% over the previous three months, and 15.44% over the past year. The stock is trading above its 50-day and 200-day moving averages by 16.56% and 24.30%, respectively. Furthermore, shares of Teekay have an RSI of 69.30.

On January 04(th), 2018, Teekay announced that its Board of Directors has declared a cash dividend on the Company's common stock of $0.055 per share for the quarter ended December 31(st), 2017. The cash dividend is payable on February 14(th), 2018, to all shareholders of record as at February 02(nd), 2018. Know more about TK in our free research coverage at:


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