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Knightsbridge Shipping Ltd (NASDAQ:VLCCF) Merge To Strengthen Position In Dry Bulk Market

Boston, MA 10/09/2014 (wallstreetpr) – Knightsbridge Shipping Ltd (NASDAQ:VLCCF) signed a merger agreement with Norway-based Golden Ocean Group Limited (OSE: GOGL). As per the plan, the combined company will rename as Golden Ocean Group Limited, which will have a modern fleet size of 72 vessels including 36 under constructed newbuildings. The merger is subject to […]

Knightsbridge Tankers Limited (NASDAQ:VLCCF): The Leading US listed Capesize Company In Making

Boston, MA 04/24/2014 (wallstreetpr) – Knightsbridge Tankers Limited (NASDAQ:VLCCF) and Frontline 2012 Ltd. are coming together to form a leading US listed Capesize company. The new company will have a fleet of 39 modern vessels. VLCCF will combine the 25 fuel efficient vessels of Frontline with its own fleet. The 25 fuel vessels will be coming […]

Knightsbridge Tankers Limited (NASDAQ:VLCCF): Points To Note

Boston, MA 03/19/2014 (wallstreetpr) – Shares of Knightsbridge Tankers Limited (NASDAQ:VLCCF) closed $14.32, up 0.49 percent in the previous session. The shares have always been up of late, especially after the company announced vessels acquisition deal on March 10. Since that announcement, the shares are up more than 25 percent. The shares traded in the […]

Knightsbridge Tankers Limited (NASDAQ:VLCCF) Upgraded To “Outperform”

Boston, MA 03/18/2014 (wallstreetpr) – Knightsbridge Tankers Limited (NASDAQ:VLCCF) a leader in seaborne transportation, recent announcement that it is set to buy six new capesize dry bulk vessels seem to have caught the attention of many research equity firms who now rate the company’s stock favorably in the market. Analysts at Zacks upgraded the company’s […]

Knightsbridge Tankers Limited (NASDAQ:VLCCF): Slight Change In Stock Direction And What It Should Mean

Boston, MA 03/14/2014 (wallstreetpr) – Knightsbridge Tankers Limited (NASDAQ:VLCCF) made about-turn in the last session after several days of subsequent strong margin gains. The shares last changed hands at $12.97, down 0.08 percent. The heavy volume trading session saw the shares changing hands between $12.70 and $13.17. But even with the stock sort of crashing in […]

Knightsbridge Tankers Limited (NASDAQ:VLCCF): A Major Step

Boston, MA 03/13/2014 (wallstreetpr) – Knightsbridge Tankers Limited (NASDAQ:VLCCF) is in the business of crude oil and dry bulk transportation. Like most other businesses in this industry, VLCCF had a very challenging year in 2013. The lag in demand for iron ore and slowdown in global oil refinery activities all added up to the pain […]

Knightsbridge Tankers Ltd (NASDAQ:VLCCF) Purchases Six Capsize Bulk Carriers

Boston, MA 03/12/2014 (wallstreetpr) – Knightsbridge Tankers Ltd (NASDAQ:VLCCF) has announced that in a partnership with Karpasia Shipping has  agreed to purchase five fuel efficient capesize bulk carrier from Frontline 2012 and one capsize carrier from Karpasia built in 2013. The new carriers are expected to be delivered between May 2014 and September 2014. […]

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