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With a capital structure composed of 80% equity and one of the youngest fleets in the refined product market, Scorpio Tankers is well-positioned to navigate the current market weakness. Using the ...
Claus Gronborg has been appointed CEO of Maersk Product Tankers – one of the largest product tanker owners in the world. Gronborg takes over the leadership of Maersk Product Tankers on October 1 from ...
GREENWICH, Conn.--(BUSINESS WIRE)--Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”) announced today a strategic partnership with NORDEN A/S (CPH:DNORD), DiaNor, to facilitate the commercial ...
Scorpio Tankers ( ($STNG) ) has released its Q3 earnings. Here is a breakdown of the information Scorpio Tankers presented to its investors.
At least nine of the 16-member crew of a Comoros-flagged oil tanker that capsized off Oman on Monday have been rescued while one was found dead, officials said on Wednesday, two days after the ...
Positive Product Tanker Industry Fundamentals Balanced Chartering Strategy, with a Mix of Time-Charters and Spot Market Employment Fleet Renewal with Sale of Non-core Assets and Acquisition of Two Eco ...
Product tanker equities have generated tremendous returns over the past year and certain names remain attractive for those with a positive view on future market balances. INSW and STNG are my ...
The product tanker and bulk carrier hopes that improved market conditions will enable the operator business to approach ...
Order book and fleet age -- Order book size has remained stable in recent months at around 16% of the existing fleet; 344 mid-sized tankers (20% of the fleet) are now aged twenty years or older as of ...