Eight shippers near or above book value with market
capitalizations of at least $500 million are listed
below, many with significant dividends.
Symbol
Name
Market Cap
Debt
P/B
Yield
DSX
Diana Shipping
$892 M
$356.7 M
0.8
N/A
SSW
Seaspan
$1.1 B
$2.77 B
0.9
4.50%
TNK
Teekay Tankers Ltd.
$565.5 M
$367.46 M
1.05
10.90%
NAT
Nordic American Tanker Shipping
$1.08 B
$80 M
1.11
5.20%
TK
Teekay Corp
$2.35 B
$5.6 B
1.29
3.80%
NMM
Navios Maritime Partners
$1.01 B
$314.2 M
1.92
9.30%
SB
Safe Bulkers
$533.7 M
$486.37 M
2.09
7.80%
TGP
Teekay LNG Partners
$1.93 B
$2.33 B
2.3
7.20%