's  Instablog
Send Message is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more . Follow on Twitter... More
My company:
Investor Ideas
My blog:
Clean Energy Stocks
  • Shipping Stocks To Watch;( ANW), (OTCQB: CHLO), (DSX), (EGLE)  0 comments
    Feb 20, 2013 12:25 PM | about stocks: ANW, EGLE, DSX, CHLO

    Shipping Stocks to Watch;(NYSE:ANW), (OTCQB: CHLO), (NYSE:DSX), (NASDAQ:EGLE)

    February 20th ( newswire,), an investor research portal specializing in sector research for independent investors Issues a snapshot for shipping stocks including Aegean Marine Petroleum Network Inc. (NYSE:ANW) ,China Logistics (OTCQB: CHLO), Diana Shipping Inc. (NYSE: DSX) and Eagle Bulk Shipping, Inc. (NasdaqGS :EGLE).

    Aegean Marine Petroleum Network Inc. (NYSE:ANW) recently announced that it plans to hold a conference call to discuss the Company's results for the fourth quarter of 2012 on Thursday, February 28, 2013 at 8:30 a.m. Eastern Time. The Company plans to issue financial results for the three months ended December 31, 2012 on Wednesday, February 27, 2013 after the close of market trading.

    China Logistics (OTCQB: CHLO) recently reported that it sees shipping volumes doubling in 2013 for its South American route out of Shanghai launched in 2012. The Company began offering freight forwarding services from China to destinations in South America in March of 2012. Trade between China and South America has increased significantly in the past ten years due in large part to strong economic growth in countries like Brazil and Argentina. Management's decision to begin providing freight forwarding services to Brazil and Argentina out of Shanghai in 2012 led to the Company achieving freight volume of 3,000 TEU or, twenty foot equivalent units, generating revenue for the year from the South American route of approximately $720,000 with $ 139,000 in gross profit. In 2013, management expects its shipping business to the South America route to double to volumes of at least 6,000 TEU generating revenue over $1,400,000.

    Diana Shipping Inc. (NYSE: DSX) is trading up at $9.01, gaining 0.07(0.78%) as of 11:44AM EST on over 140,000 shares following news. The Company reported today that it has entered into a time charter contract with Glencore Grain B.V., Rotterdam, through a separate wholly-owned subsidiary, for one of its Kamsarmax dry bulk carriers, the m/v Maia. The gross charter rate is US$10,900 per day, minus a 5% commission paid to third parties, for a period of about eighteen (18) months to maximum twenty-four (24) months. The charter is expected to commence at the end of February 2013.

    Eagle Bulk Shipping, Inc. (NasdaqGS :EGLE) is trading at $2.05,gaining 0.03(1.49%) as of 11:35AM EST on over 111,000 shares.

    About is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more.

    Follow on Twitter!/Investorideas

    Follow on Facebook

    Follow News on at

    Sign up for the free investor news and stock alerts at

    Become an Member and access our 14 online stock directories 24/7 - water, renewable energy, mining stocks and more… Disclaimer

    Published at newswire

    Disclaimer/ Disclosure : The is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. CHLO- one month news publication and email distribution starting February 13, 2013. Disclosure: compensation: three thousand per week plus equivalent in shares

    BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info:

    800-665-0411 - Source -

    Disclosure: I am long OTCPK:CHLO.

    Stocks: ANW, EGLE, DSX, CHLO
Back To's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.