Scorpio Tankers
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American Shipper
Stage is set for next wave of ships-for-shares deals
Improved shipping stock prices and heightened time pressure on private equity ship owners should spur more consolidation.
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Company earnings
Investors getting nervous about IMO 2020 tanker pitch
IMO 2020-driven refining activity and tanker demand appears to be materializing slower than previously expected.
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Company earnings
Scorpio Bulkers’ stock up as mid-sized ships join the rate party
Rates for mid-sized bulkers including Kamsarmaxes and Ultramaxes are following Capesizes' lead.
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Energy
Tanker shipping demand nightmare – fact of fiction?
Peak oil demand "lurks like a monster in the shadows," warns Stifel analyst Ben Nolan.
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Maritime
Ocean Rate Report: Philly fire sparks product tanker earnings
East Coast refinery outage spurs more trans-Atlantic gasoline cargoes from Europe.
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Company earnings
Scorpio Tankers back in black as product shipping rates rise
NYSE-listed Scorpio Tankers has returned to profitability and its scrubber-installation program should position it to take advantage of the looming IMO 2020 rule.
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Company earnings
Scorpio Bulkers averts the worst of 2019’s dry bulk woes
Dry bulk shipping faced multiple headwinds in the first quarter, but NYSE-listed Scorpio Bulkers benefited from its smaller ships and its diversification into the product-tanker…
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Maritime
Tanker stocks rally in 2019 on hopes of impending rate recovery
After languishing for years, tanker stocks are rising in 2019. Investors are seeking to get in early on the belief that the turnaround in rates…
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Container
Port Report: Pre-Lunar New Year freight push keeps Los Angeles and Long Beach busy
Never-ending peak season may finally be peaking as shippers rush in goods; shipowners tallying up the cost of scrubbers.
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