Q&A: Shipping stock, Italian style
An exclusive Q&A with Carlos Di Mottola, CFO of Milan-listed D’Amico International Shipping.
An exclusive Q&A with Carlos Di Mottola, CFO of Milan-listed D’Amico International Shipping.
Improved shipping stock prices and heightened time pressure on private equity ship owners should spur more consolidation.
IMO 2020-driven refining activity and tanker demand appears to be materializing slower than previously expected.
Rates for mid-sized bulkers including Kamsarmaxes and Ultramaxes are following Capesizes’ lead.
Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.
East Coast refinery outage spurs more trans-Atlantic gasoline cargoes from Europe.
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.
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 sector.
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 is nigh. They’ve been wrong before — will their bets pay off this time?
Never-ending peak season may finally be peaking as shippers rush in goods; shipowners tallying up the cost of scrubbers.