Fotis Giannakoulis

With oil prices approaching multiyear highs, one Morgan Stanley analyst upgraded Cheniere Energy, Inc. (NYSE: LNG) Wednesday.  The Analyst Analyst Fotis Giannakoulis upgraded Cheniere Energy from Equal-weight to Overweight and upped the price target from $63 to $80. The Thesis Cheniere is...

It’s been a wild few years for maritime shipping stocks, but one Wall Street analyst said Eagle Bulk Shipping Inc. (NASDAQ: EGLE) may finally have settled into a reasonable valuation. The Analyst Morgan Stanley analyst Fotis Giannakoulis initiated coverage of Eagle Bulk with an Equal-...

It has been rough sailing for tanker stocks in the past couple of years, but several tanker stocks may finally get back on course in 2018. The Analyst Morgan Stanley analyst Fotis Giannakoulis on Monday upgraded the following three tanker stocks: Euronav NV Ordinary Shares (NYSE: EURN) from...

Oil tanker company DHT Holdings Inc (NYSE: DHT) is trading at a discount to its net asset value, and investors may want to consider taking advantage of the "attractive entry point," according to Morgan Stanley. The Analyst Morgan Stanley's Fotis Giannakoulis upgraded DHT Holdings...

Fotis Giannakoulis, a tanker expert that covers the sector for Morgan Stanley, isn't particularly positive on the sector and thinks a cyclical downturn could last through 2018. Giannakoulis said in a research note on Thursday that there are four reasons to support his views of weak crude tanker...

Morgan Stanley has downgraded Ardmore Shipping Corp (NYSE: ASC) to Equal Weight from Overweight amid continued weak global refinery margins in the near term as product oversupply persist. "Despite weak demand and low refinery margins, a low order book keeps rates above breakeven and ASC profitable...

Morgan Stanley has downgraded DHT Holdings Inc (NYSE: DHT) to Equal Weight from Overweight, as it is valued at discount to its current $5.5–$6/share NAV amid chaallenging near-term market outlook for crude tankers against the slow global oil production. "Crude tanker demand lags supply in...

Stock valuations in the maritime industry are discounting the softening rate environment, with most stock trading below their NAV. Morgan Stanley’s Fotis Giannakoulis downgraded the rating on Euronav NV Ordinary Shares (NYSE: EURN) to Equal Weight, with a price target of $9.50. Dividend At...

With the dry bulk market gradually showing signs of a recovery, Morgan Stanley’s Fotis Giannakoulis believes Safe Bulkers, Inc. (NYSE: SB) is the best play in the dry bulk segment, given its “positive operating cash flow, ample liquidity and minimal dilution risk.” Giannakoulis...

Morgan Stanley’s Fotis Giannakoulis believes Teekay Corporation (NYSE: TK) “continues to enjoy strong support from its lenders and its major shareholder that are willing to provide additional capital to deal with the funding gap from its $4.6 billion capex.” Giannakoulis maintains...

In a report published Monday, Morgan Stanley analyst Fotis Giannakoulis assured investors that the Greek crisis "has no direct impact on shipping companies." The only headwinds to Athens-based maritime firms, he said, would come from side effects on the global economy. Not Quite Greek...

A new report by Morgan Stanley analyst Fotis Giannakoulis focuses on the market outlook for oil tankers. The report includes several images that tell the story of the current economic environment for the tanker business. Here are 10 key images from the report. 1. While global oil prices have...