US-Listed Tanker Companies Ramp Up Share Repurchases
A number of notable US-listed tanker companies have announced significant share repurchase programs this week, signaling confidence in the sector despite
A number of notable US-listed tanker companies have announced significant share repurchase programs this week, signaling confidence in the sector despite
By Charlie Bartlett (The Loadstar) – Shareholders are hoping their container line will not be the first to resume Red Sea transits, analysts say, after
By Farah Elbahrawy (Bloomberg) Shipping and energy stocks extended gains on Friday, after the US and UK launched airstrikes on Houthi targets in Yemen,
Greece-based Okeanis Eco Tankers Corp. (OET) has filed a registration statement with the U.S. Securities and Exchange Commission to directly list its common
(Bloomberg) — Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish
Eagle Bulk repurchases Oaktree’s entire stock ownership of 28%. U.S.-based Eagle Bulk Shipping Inc. (NYSE: EGLE) has announced that its Board of
A new ETF offering investors pure-play exposure to tanker shipping futures launched on the New York Stock Exchange today. The ETF, known as the Breakwave
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
Himalaya Shipping Ltd., an independent bulk carrier company, announced today its plan to launch an initial public offering (IPO) of $45,000,000 of its common
By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry
By Barry Parker (gCaptain) – Tanker companies reporting their Q3 2022 results are enjoying vast amounts of wealth and, importantly, they are sharing
(Bloomberg) — Abu Dhabi’s main energy company has hired Citigroup Inc., JPMorgan Chase & Co. and First Abu Dhabi Bank PJSC to work on potentially
By Barry Parker (gCaptain) – Tanker stocks have been among the biggest gainers this year, propelled by the recovery in demand following the pandemic, the
By Barry Parker (gCaptain) – In a landscape where each shipping sector is taking its turn in the spotlight, Liquified Natural Gas (LNG) tankers have been
By Barry Parker (gCaptain) – “All of these markets are humming” was the report from Lars Dencker Nielsen, the Commercial Director
by John Konrad (gCaptain) Today shares of most shipping stocks are lower despite the market being mostly flat ahead of the important US Federal Reserve minutes
by John Konrad (gCaptain) Shipping stocks across the board took heavy hits today in what shipping analyst J.Mintzmyer is calling “Bloody Friday.”
by John Konrad (gCaptain) While many shipping stocks have seen record profits this year, the stocks of cruise lines are among the biggest losers in the S&P
by John Konrad (gCaptain) Shares of product tankers are holding up well despite outsized gains in 2022 and an overall fall in the shipping market over the past
The stock market’s indices are all down- but the tanker stocks are up. What’s with that? Conventional wisdom has it that “disruption”, however you
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