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scorpio tankers


Wednesday, October 30, 2024
tanker deck
Shipping

Why STNG’s Wager on DHT Could Signal a Tanker Market Rebound

By Barry Parker (gCaptain) – In recent months, the froth has come off the prices of tanker shares. In the highly cyclical world of shipping stocks, when

October 30, 2024
Total Views: 704

Tuesday, October 29, 2024
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Expands into VLCC Sector with DHT Holdings Investment

Scorpio Tankers Inc. (NYSE: STNG) has announced a strategic investment in DHT Holdings Inc. (NYSE: DHT), a leading player in the crude tanker market. During

October 29, 2024
Total Views: 693

Tuesday, June 11, 2024
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Announces Sale of Five Older Product Tankers

Scorpio Tankers Inc. (NYSE: STNG) is selling five of its older MR product tankers for a total of $179.1 million. The sales, expected to close in the third

June 11, 2024
Total Views: 1578

Tuesday, June 27, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Secures $1 Billion Financing for Fleet Expansion

Scorpio Tankers has secured commitments for a $1 billion term loan and revolving credit facility, which will be used to finance 45 unencumbered product

June 27, 2023
Total Views: 1718

Thursday, May 11, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Adds to Owned Fleet with More Purchase Options

Scorpio Tankers Inc. (NYSE: STNG), a global provider of petroleum product transportation, has exercised purchase options on five additional ships as the

May 11, 2023
Total Views: 1219

Wednesday, May 3, 2023
tanker at sea
Shipping

Oil Cargo in Sanctions-Busting Claim Had Inconsistent Paperwork

By Jack Wittels and Rodrigo Orihuela (Bloomberg) — A shipment of diesel at the center of a European Union sanctions-busting claim had an inconsistency

May 3, 2023
Total Views: 940

Tuesday, May 2, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers: Bulls, Bears, and ‘Shiptwits’

By Barry Parker (gCaptain) – Tanker market watchers eagerly awaited the Q1 earnings report from product tanker behemoth Scorpio Tankers (NYSE: STNG),

May 2, 2023
Total Views: 1856

Tuesday, April 11, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Purchases More Ships and Shares

Scorpio Tankers Inc. (NYSE: STNG) announced on Tuesday that it has exercised its purchase options on six ships and has also repurchased additional common

April 11, 2023
Total Views: 2714

Monday, April 3, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Repurchases 1.27 Million Shares for $164 Million

Scorpio Tankers Inc. (NYSE: STNG) has announced the repurchased of its common shares in as part of its $250 million securities repurchase program announced in

April 3, 2023
Total Views: 1732

Monday, March 13, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Exercises Purchase Options for Six Ships

Product tanker shipping company Scorpio Tankers (NYSE: STNG) announced Monday that it has exercised purchase options on six ships that will reduce its debt by

March 13, 2023
Total Views: 2137

Friday, February 17, 2023
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Product Tankers Hitting It Out of the Park

By Barry Parker (gCaptain) – February 5th, when the price caps on Russian refined products kicked in, was a pivotal day for the MR and LR1 tanker

February 17, 2023
Total Views: 3120

Monday, November 21, 2022
Peter Georgiopoulos
Shipping

Peter Georgiopoulos, ‘An Inspiration to Many’, Looks to the Future

By Barry Parker (gCaptain) Marine Money’s “Ship Finance Forum” in New York attracted a superb roster of speakers, informing a spirited group of attendees

November 21, 2022
Total Views: 2160

Tuesday, November 1, 2022
Scorpio Tankers' handymax tanker STI Batterdea enters the port of Rotterdam
Shipping

Scorpio Tankers Scores a Homerun as Product Tankers Hit It Out of The Park

By Barry Parker (gCaptain) – Tanker stocks have been among the biggest gainers this year, propelled by the recovery in demand following the pandemic, the

November 1, 2022
Total Views: 2878

Monday, October 24, 2022
Scorpio Tankers Exercises Purchase Options on Eight Ships
Shipping

Scorpio Tankers Exercises Purchase Options on Eight Ships

Scorpio Tankers Inc. (NYSE:STNG) has exercised purchase options for eight tankers along with the repayment of a credit facility that will reduce the

October 24, 2022
Total Views: 1747

Friday, September 9, 2022
Product Tanker Markets Are Humming: This Time It Could Be Different
Shipping

Product Tanker Markets Are Humming: This Time It Could Be Different

By Barry Parker (gCaptain) – “All of these markets are humming” was the report from Lars Dencker Nielsen, the Commercial Director     

September 9, 2022
Total Views: 1778

Monday, August 8, 2022
Tankers See Strongest Market in 25 Years
Shipping

Tankers See Strongest Market in 25 Years

By Kwaku Gyasi and Alex Longley (Bloomberg) — Tankers hauling everything from diesel to gasoline are experiencing a period of strength not seen in at

August 8, 2022
Total Views: 2745

Monday, August 1, 2022
Inflation Hits Oil Tanker Newbuild Prices Hard
News

Inflation Hits Oil Tanker Newbuild Prices Hard

Crude oil tanker owners’ shares are up today on news that increasing newbuild rates are driving up the value of existing fleets and could prevent the

August 1, 2022
Total Views: 3660

Thursday, July 28, 2022
Scorpio Says Russian Oil Ban Will Supercharge Tanker Market
Finance

Scorpio Says Russian Oil Ban Will Supercharge Tanker Market

Scorpio Tankers (NYSE: $STNG) reported the biggest quarterly profit in its history on Thursday, and said that tonne-miles will go “through the

July 28, 2022
Total Views: 5411

Monday, February 14, 2022
Product Tanker Prospects: Divergent Views and Unanswered Questions
Shipping

Product Tanker Prospects: Divergent Views and Unanswered Questions

When listed companies host investor conference calls, the best information usually comes out from the seemingly perfunctory “Q and A” sessions- when equity

February 14, 2022
Total Views: 1698

Thursday, January 27, 2022
A Salve for The Sluggish Tanker Market’s Stings
Shipping

A Salve for The Sluggish Tanker Market’s Stings

The 2021 Q4 earnings reports will soon be coming in. While shipping investors have done well with container and drybulk names, the tanker market has struggled-

January 27, 2022
Total Views: 1899
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