American Shipping Company traded at 35.45 this Thursday October 6th, increasing 0.05 or 0.14 percent since the previous trading session. Looking back, over the last four weeks, American Shipping Company gained 7.80 percent. Over the last 12 months, its price rose by 10.95 percent. Looking ahead, we forecast American Shipping Company to be priced at 33.84 by the end of this quarter and at 30.46 in one year, according to Trading Economics global macro models projections and analysts expectations.

Stock Price
35.45
Daily Change
0.14%
Yearly
10.95%

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Peers Price Day Year
American Shipping Company 35.45 0.05 0.14% 10.95%
Belships 14.44 0.24 1.69% 0.98%
Irish Continental Group PLC 3.99 0.01 0.25% -7.64%
Koninklijke Vopak 19.51 0.19 0.96% -43.45%


American Shipping Company
American Shipping Company ASA (AMSC), formerly Aker American Shipping, is a Norway-based company engaged in the field of sea-borne tankers. It owns and long-term bareboat charters vessels for operation in the United States Jones Act market. The Company’s fleet comprises a range of Medium Range (MR) product tankers, including Overseas Houston, Overseas Long Beach, Overseas Los Angeles, Overseas New York, and Overseas Martinez, among others, which are on long-term bareboat charter contracts with Overseas Shipholding Group Inc (OSG). Furthermore, the Company operates through a number of subsidiaries, such as American Tanker Holding Company Inc (ATHC), American Shipping Corporation II (ASC II), American Tanker Inc (ATI), as well as ten separate leasing companies ASC Leasing I - X Inc.