scorpio tankers

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

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

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

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

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

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

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

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

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

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

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-

Robert Bugbee, the well-known President of NYSE-listed Scorpio Tankers (NYSE: STNG), spent another $465,000 on STNG call options on Wednesday, bringing his

A new SEC filing shows that the Scion Asset Management, the private investment firm founded and led by famed investor Dr. Michael Burry, purchased about $10.5

Monaco-based shipping group Scorpio is going all-in on exhaust gas scrubbers in to order to comply with the IMO’s 2020 sulphur cap. Both Scorpio Tankers

A product tanker was attacked by a group of armed pirates on Monday while at an anchorage off the coast of Guinea in West Africa.  The IMB Piracy

By Manisha Jha (Bloomberg) — Slumping oil prices are spurring 4,000-mile (6,400-kilometer) diversions of tankers filled with diesel and jet fuel as the

Some new photos and video from the Besiktas Shipyard in Turkey show the extent of damage sustained by a handymax tanker following its collision with a cruise

13 months after placing an order for twenty Capesize bulk carriers, Scorpio Bulkers is modifying their order and instead swapping out three of their Capes for

Scorpio Tankers Inc. (NYSE: STNG) says it is set to make $50 million in cash on the resale of it's seven newbuild VLCC's still under

NYSE-listed Scorpio Tankers (NYSE: STNG) announced Tuesday that it has entered into agreements for the construction of seven VLCC newbuilds, marking the