Shipping Alert: Tidewater Inc, Nordic American Tanker Ltd, Scorpio Tankers Inc, Frontline Ltd

Lakeway, TX -- (SBWIRE) -- 03/01/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Tidewater Inc. (NYSE:TDW) fell 1.23% and is trading at $46.50. Tidewater Inc. provides offshore supply vessels and marine support services to the offshore energy industry through the operation of marine service vessels. The Company conducts its operations through wholly owned United States and international subsidiaries.

How Should Investors Trade TDW After The Recent Movement? Find Out Here

Nordic American Tanker Ltd (NYSE:NAT) is higher 0.22% and is trading at $8.96. Nordic American Tankers Limited is an international tanker company. As of December 31, 2011, the Company owned 20 Suezmax tankers. The Company’s vessels include Nordic Harrier, Nordic Hawk, Nordic Hunter, Nordic Voyager, Nordic Freedom, Nordic Fighter, Nordic Discovery, Nordic Saturn, Nordic Jupiter, Nordic Apollo and Nordic Moon. Its vessels also include Nordic Cosmos, Nordic Sprite, Nordic Grace, Nordic Mistral, Nordic Passat, Nordic Vega, Nordic Breeze, Nordic Aurora and Nordic Zenith.

Is NAT Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Scorpio Tankers Inc. (NYSE:STNG) fell 1.53% and is trading at $8.37. Scorpio Tankers Inc. is engaged in seaborne transportation of crude oil and refined petroleum products in the international shipping markets. The Company’s subsidiaries include Noemi Shipping Company Limited, Senatore Shipping Company Limited, Venice Shipping Company Limited and Sting LLC.

Is STNG a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Frontline Ltd. (NYSE:FRO) is higher 4.41% and is trading at $2.13. Frontline Ltd. is a shipping company. The Company is engaged primarily in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers. The Company operates tankers of two sizes: very large crude carriers (VLCCs), which are between 200,000 and 320,000 deadweight tons, and Suezmax tankers, which are vessels between 120,000 and 170,000 deadweight tons.

How Should Investors Trade FRO After The Latest Earnings Report? Find Out Here

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