|Bid||15.38 x 1800|
|Ask||15.47 x 800|
|Day's Range||15.25 - 15.56|
|52 Week Range||10.74 - 16.74|
|Beta (3Y Monthly)||1.50|
|PE Ratio (TTM)||18.74|
|Forward Dividend & Yield||0.76 (5.02%)|
|1y Target Est||N/A|
U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker industry on Monday as U.S.-listed Teekay LNG said its shipping joint venture in Russia had been "blocked" because of its ties to COSCO. The United States imposed sanctions on COSCO Shipping Tanker (Dalian) Co and subsidiary COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co for allegedly carrying Iranian crude oil. Teekay LNG said on Monday that its 50-50 Yamal LNG Joint Venture had been deemed a "blocked person" under the sanctions because its partner China LNG Shipping (Holding) (CLNG) is 50% owned by COSCO Dalian.
Could Einhorn’s Top Positions Turn His Fund's Performance Around?(Continued from Prior Part)Teekay LNG PartnersDavid Einhorn’s Greenlight Capital (GLRE) initiated a new stake in Teekay LNG Partners (TGP) during the first quarter of 2019. The
Recent positive developments on the trade war front and decisions of the Chinese authorities to stimulate the economy will be major catalysts for the shipping industry.