Scorpio Tankers ‘in the foothills of an inflection’
STNG executives could barely contain their excitement at the cashflows they foresee in the months ahead.
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November 2019
UK Lowers Security Level for its Ships in Strait of Hormuz
Britain lowered its security risk level for UK-flagged ships travelling through the Strait of Hormuz on Thursday, more than a month after one of its tankers was finally released from detention by Iran.The Stena Impero was seized in July by Iran’s Revol…
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Investors punish Top Ships stock on new Maxim raise
Greek owner drops 56% in first hour on second warrants-fueled equity raise in two months.
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PSA International Wants to Grow DCT Gdansk’s Capacity to 7 Mn TEUs
PSA International has unveiled an ambition to grow capacity at DCT Gdansk to 7 million.
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Baltic Index Falls for Eighth Straight Session
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for an eighth straight session on Thursday, weighed down by easing demand across vessel segments.* The Baltic index, which reflects rates for…
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