|Bid||25.50 x 900|
|Ask||25.60 x 1100|
|Day's Range||25.57 - 25.57|
|52 Week Range||22.93 - 25.75|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
NEW YORK, Sept. 24, 2019 -- Capital Link’s 11th Annual New York Maritime Forum will take place on Tuesday, October 15, 2019 at The Metropolitan Club, New York City. The Forum.
Scorpio Tankers has agreed to acquire Trafigura subsidiaries that have leasehold interests in 19 ships in an all-share transaction worth $803 million, the companies said on Tuesday. The deal is the latest move by commodities trader Trafigura to convert its investments in ship leases and ships that transport its commodities into shares of shipping companies. Under the agreement, Scorpio Tankers will take over the roughly $668 million principal balance on the leases and cover monthly costs for the 19 oil products tankers - four of which are still under construction - held in subsidiaries of Trafigura's wholly owned Trafigura Maritime Logistics.
Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it intends to establish an “at the market” offering program (the “Program”) pursuant to which the Company may sell up to $100 million of its common shares, par value $0.01 per share. The Company expects to enter into an equity distribution agreement with a sales agent that has been identified by the Company, pursuant to which sales of the Company’s common shares may be made from time to time in transactions by means of ordinary broker transactions through the New York Stock Exchange or in negotiated transactions at market prices prevailing at the time of sale or as otherwise negotiated prices, or as otherwise agreed with the sales agent. Sales of the Company’s common shares under the Program, if any, will be made pursuant to the Company’s effective shelf registration statement on Form F-3 (File No. 333-230469) by means of a prospectus supplement to be filed by the Company. The Company intends to use the net proceeds from any sales under the Program for general corporate and working capital purposes.
NEW YORK, Aug. 19, 2019 -- Capital Link’s 12th Annual Shipping & Marine Services Forum will take place on Tuesday, September 10, 2019 at 116 Pall Mall in London. It is.
The stars are lining up for maritime shippers after years of pain, says David Marcus of Evermore Global Advisors.
This change is expected to significantly boost demand for both crude oil and product tankers as more ultra-low-sulfur marine fuel is required around the globe. Refineries seeking to quench new ultra-low-sulfur fuel demand were expected to ramp up production starting in the second half of 2019 – a period that began a month ago – translating into more demand for crude oil tankers that provide refinery inputs and more demand for product tankers transporting refined outputs to where they're needed. Two U.S.-listed product tanker owners – Scorpio Tankers (NYSE: STNG) and Ardmore Shipping (NYSE: ASC) – reported quarterly results and held conference calls with analysts on July 31.
MONACO, July 31, 2019 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers", or the "Company") today reported its results for the three and six months ended June 30, 2019..
On Wednesday, July 31, Scorpio Tankers (NYSE: STNG ) will release its latest earnings report. Here is Benzinga's outlook for the company. Earnings and Revenue Analysts covering Scorpio Tankers have modeled ...
Some pockets of the dry bulk ocean shipping market are rising more slowly than others, but these too are now moving along the same upward trajectory, as seen in the latest quarterly disclosures of Scorpio Bulkers (NYSE: SALT). The BDI's resurgence is primarily fueled by surging charter rates for larger bulkers – Capesizes with a carrying capacity of 100,000 deadweight tons (DWT) or more. Mid-sized bulker sizes such as Ultramaxes (60,000-65,000 DWT) and Kamsarmaxes (82,000-83,000 DWT) carry a wider variety of cargo than Capesizes.
Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that on Wednesday, July 31, 2019, the Company plans to issue its second quarter 2019 earnings in the morning (Eastern Daylight Time) and host a conference call at 9:00 AM Eastern Daylight Time and 3:00 PM Central European Summer Time. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility for providing updated information.
To the delight of investors, this leader in the tanker industry has delivered strong results this year. And changes to shipping suggest the run may not be over yet.
Hamilton, Bermuda, June 6, 2019. Nordic American Offshore Ltd., (the "Company") announces its financial results for the three months ended March 31, 2019, the change of the Company`s name to ...
The International Maritime Organization will enact a new regulation Jan 1, 2020, with the intention of reducing the global sulfur cap for marine fuels. Scorpio Tankers Inc. (NYSE: STNG ) is likely to benefit, ...
New York, NY, based Investment company Tricadia Capital Management, LLC buys Scorpio Tankers Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Tricadia ...
Scorpio Tankers (NYSE: STNG), the largest U.S.-listed owner of product carriers, has reported its first profitable quarter since the second quarter of 2016, as spot rates in its market have improved. Earnings per share of $0.30 came in more than double analyst expectations for earnings of $0.14 per share. Rates for Scorpio's LR2s rose 60 percent, LR1s 77 percent, MRs 16 percent and Handymaxes 38 percent.
The company said it had profit of 30 cents per share. Earnings, adjusted for non-recurring costs, came to 31 cents per share. The results surpassed Wall Street expectations. The average estimate of seven ...
MONACO, May 02, 2019 -- Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers", or the "Company") today reported its results for the three months ended March 31, 2019. The.
Scorpio Bulkers (NYSE: SALT) has reported better-than-expected first quarter results as it steered largely clear of the rate carnage in the larger vessel classes and benefited from its stake in Scorpio Tankers (NYSE: STNG). Scorpio Bulkers reported a net loss of $3.5 million, or $0.05 per share, and adjusted net income of $4 million (excluding a non-cash write-down), or a gain of $0.08/share. The year started terribly for dry bulk, particularly for owners of so-called ‘Capesize' vessels that are 100,000 deadweight tons (DWT) or larger.
Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that on Thursday, May 2, 2019, the Company plans to issue its first quarter 2019 earnings in the morning (Eastern Daylight Time) and host a conference call at 8:30 AM Eastern Daylight Time and 2:30 PM Central European Summer Time. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility for providing updated information.