NEW YORK, April 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
Golar LNG Ltd. (NASDAQ: GLNG), DryShips, Inc. (NASDAQ: DRYS), Ship
Finance International Limited (NYSE: SFL), Genco Shipping &
Trading Ltd. (NYSE: GNK), and Navios Maritime Partners L.P. (NYSE:
NMM). Private wealth members receive these notes ahead of
publication. To reserve complementary membership, limited openings
are available at: http://www.AnalystsReview.com/register
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Golar LNG Ltd. Analyst Notes
On March 28, 2014, Golar LNG
Limited (Golar LNG) announced the completion of its sale of the
Golar Igloo to Golar LNG Partners L.P (the Partnership) for
$310 million. The Partnership will
assume $161.3 million of outstanding
debt obligations in respect of the Golar Igloo and pay Golar the
balance of $148.7 million through the
proceeds of its recent public equity offering, which closed on
December 5, 2013. The full analyst
notes on Golar LNG Ltd. are available to download free of charge
at:
http://www.AnalystsReview.com/04022014/GLNG/report.pdf
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DryShips, Inc. Analyst Notes
On March 26, 2014, DryShips Inc.
(DryShips) announced that, through its majority owned subsidiary -
Ocean Rig UDW Inc. (Ocean Rig), the Company has closed the offering
of $500 million in aggregate
principal amount of 7.25% senior notes due 2019. The notes were
sold in a private offering inside the US. The Company intends to
use the net proceeds from the offering of the notes and available
funds to repurchase or for the redemption of its 9.5% Senior
Unsecured Notes due 2016. On March 21,
2014, approximately 92.5% of the 9.5% Senior Unsecured Notes
due 2016 had been tendered in the tender offer. The tender offer
will expire at 12:01 a.m.,
New York City time, on
April 7, 2014. The full analyst notes
on DryShips, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04022014/DRYS/report.pdf
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Ship Finance International Limited Analyst
Notes
On March 11, 2014, Ship Finance
International Limited (Ship Finance) announced that it has agreed
to acquire two 5,800 teu post-panamax container vessels built in
2001 and 2002 in addition to long-term charters. The Company
expects annual EBITDA contribution to be approximately $5.5 million on an average during the charter
period. The charters also include a purchase option with profit
share after 5 years. Further, the Company also announced the
settlement of a claim in connection to four Handysize dry bulk
carriers which were redelivered in 2012. Ship Finance has received
a significant portion of the settlement amount, paid in cash. The
Company expects to book a gain of approximately $25 million relating to the settlement. The full
analyst notes on Ship Finance International Limited are available
to download free of charge at:
http://www.AnalystsReview.com/04022014/SFL/report.pdf
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Genco Shipping & Trading Ltd. Analyst Notes
On March 28, 2014, Genco Shipping
& Trading Ltd.'s (Genco) stock went up to end the day at
$1.69, compared to the previous day's
closing price of $1.43, representing
an 18.2% increase. The Company's stock rose 9.74% over the past
five trading days, compared to the Dow Jones Industrial Average
which rose 0.12% and to the Standard & Poor's 500 which went
down 0.48% during the same trading period. The full analyst notes
on Genco Shipping & Trading Ltd. are available to download free
of charge at:
http://www.AnalystsReview.com/04022014/GNK/report.pdf
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Navios Maritime Partners L.P. Analyst Notes
On March 26, 2014, Navios Maritime
Partners L.P. (Navios Partners) announced that it has filed its
Annual Report on Form 20-F for the year ended December 31, 2013 with the SEC, which can be
accessed through the Company's website under the Investors section.
Unitholders may also request a hard copy of the audited financial
statements by contacting the Company. The full analyst notes on
Navios Maritime Partners L.P. are available to download free of
charge at:
http://www.AnalystsReview.com/04022014/NMM/report.pdf
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