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Scorpio Tankers Back In Black As Product Shipping Rates Rise
Thursday, May 2, 2019 - 11:25am | 786Scorpio 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. The company reported net income of $14.5 million for the first quarter of 2019, versus a net loss...
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Benzinga's Bulls & Bears: Looking Back, Looking Forward
Sunday, December 24, 2017 - 10:05am | 742Benzinga has featured a look at many investor favorite stocks over the past week. Some recent posts took a look back at the past year. Many others were forward focused, including forecasts for the top tech darling. The end of the year is nearly upon us. As it does every week, Benzinga...
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UBS Expects A Scorpio Tankers Inflection Point In 2018
Monday, November 13, 2017 - 3:50pm | 368Scorpio Tankers Inc. (NYSE: STNG) could benefit from a looming supply-demand inflection point for product tankers in 2018, leading UBS to raise its outlook on the company. The Analyst UBS analyst Spiro Dounis upgraded shares of Scorpio Tankers from Neutral to Buy and increased its price...
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Dahlman Rose Maritime Report
Monday, August 30, 2010 - 12:16pm | 512Dahlman Rose has issued its Martime Report that benchmark 4Q2010 iron ore prices will be finalized this week, with average spot prices just under $137/ton, which is an $18/ton discount to Chinese spot levels, leaving the dry bulk market well positioned for the coming months, Dahlman reports. Here...