26.04.2017 12:25:00

Research Reports Coverage on Shipping Stocks -- Nordic American, Euroseas, Teekay LNG, and Tsakos Energy

NEW YORK, April 26, 2017 /PRNewswire/ --

Today, Stock-Callers.com covers the following companies: Nordic American Offshore Ltd (NYSE: NAO), Euroseas Ltd (NASDAQ: ESEA), Teekay LNG Partners L.P. (NYSE: TGP), and Tsakos Energy Navigation Ltd (NYSE: TNP). According to the Baltic and International Maritime Council, 2017 will be another die-hard year of competition for the Shipping industry. The Denmark-based international shipping organization also projects the Container Shipping segment to see a net fleet growth of around 3.1% this year compared with an estimated 1.1% in 2016. These stocks research reports can be downloaded now by simply registering for free at:

http://stock-callers.com/registration

Nordic American  

Hamilton, Bermuda-based Nordic American Offshore Ltd's stock finished Tuesday's session 1.03% lower at $0.92. A total volume of 887,319 shares was traded, which was above their three months average volume of 758,640 shares. Shares of the Company are trading below their 50-day moving average by 27.73%. Moreover, shares of Nordic American Offshore, which owns and operates platform supply vessels, have a Relative Strength Index (RSI) of 36.38.

On April 25th, 2017, Nordic American Offshore announced that the Company has filed its 2016 Annual Report on Form 20-F with the US SEC. The Annual Report includes the Company's complete 2016 audited financial statements, and is available for download on the Company's website. Shareholders may receive a hard copy of the complete Annual Report free of charge upon request. Your complete research report on NAO can be retrieved for free at:

http://stock-callers.com/registration/?symbol=NAO


Euroseas  

Shares in Maroussi, Greece-based Euroseas Ltd declined 2.14%, ending yesterday's session at $1.37 with a total trading volume of 102,620 shares. The stock is trading 5.71% below its 50-day moving average. Shares of the Company, which provides ocean-going transportation services worldwide, have an RSI of 46.69.

On April 07th, 2017, Euroseas announced that its Annual Report on Form 20-F for the fiscal year ended December 31st, 2016 has been filed with the SEC, and may be accessed under the Investor Relations section of the Company's website. Investors may request a hard copy of Form 20-F, free of charge, by contacting Capital Link, Investor Relations advisors for Euroseas. A free report on ESEA is just a click away at:


http://stock-callers.com/registration/?symbol=ESEA


Teekay LNG  

On Tuesday, Hamilton, Bermuda-based Teekay LNG Partners L.P.'s stock rose 2.11%, to close the day at $16.95. A total volume of 223,889 shares was traded. The Company's shares have advanced 18.21% on an YTD basis. The stock is trading 12.43% above its 200-day moving average. Additionally, shares of Teekay LNG Partners, which provides marine transportation services for liquefied natural gas, liquefied petroleum gas, and crude oil worldwide, have an RSI of 44.94.

On April 03rd, 2017, Teekay GP LLC, the general partner of Teekay LNG Partners, has declared a cash distribution of $0.14 per unit for the quarter ended March 31st, 2017. The cash distribution is payable on May 12th, 2017 to all unit-holders of record on May 05th, 2017. Sign up for your complimentary research report on TGP at:

http://stock-callers.com/registration/?symbol=TGP


Tsakos Energy  

Shares in Athens, Greece-based Tsakos Energy Navigation Ltd ended the day 0.63% lower at $4.72. A total volume of 794,832 shares was traded, which was above their three months average volume of 340,540 shares. The stock has gained 0.85% in the last one month and 1.71% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 1.44% and 0.40%, respectively. Furthermore, shares of Tsakos Energy Navigation, which provides international seaborne crude oil and petroleum product transportation services worldwide, have an RSI of 50.18.

On April 13th, 2017, Tsakos Energy Navigation announced that its Board of Directors declared the regular quarterly cash dividend of $0.50 per share for its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares, and approximately $0.5547 per share for its 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares. Each dividend is for the period from the most recent dividend payment date on January 30th, 2017 through April 29th, 2017. Register for free on Stock-Callers.com and download the latest research report on TNP at:

http://stock-callers.com/registration/?symbol=TNP

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