Sonicshares Global Shipping ETF(BOAT.US)

Matson | 8-K: FY2025 Q4 EPS Beats Estimate at USD 4.22

Wall Street bullish on Scorpio Tankers (STNG) as company signs new charter agreements

Scorpio Tankers Inc. (NYSE:STNG) has signed five-year time charter agreements for two LR2 product tankers, STI Rose and STI Alexis, as announced on January 5. The company is recognized as one of the 10 cheapest oil and gas stocks to invest in, reflecting positive sentiment on Wall Street.

OOIL Reports 17.2% Drop in Q4 Liner Revenue as Liftings Edge Up 0.8%

Orient Overseas (International) Limited (OOIL) reported a 17.2% decline in Q4 liner revenue to US$2,081.2 million compared to Q4 2024, despite a 0.8% increase in total liftings. The load factor dropped by 3.1%, and average revenue per TEU fell by 17.8% year-on-year. For the full year, liner revenue decreased by 10.6%, while total liftings rose by 3.7%. Revenue by trade showed significant declines in Trans-Pacific and Asia/Europe, with minor increases in Trans-Atlantic. The figures are unaudited and based on internal records.

Oil tankers sail from Venezuela with no flag or safety documents, shipping data shows

Tankers carrying Venezuelan crude have recently departed without flags or safety documentation, raising concerns over compliance with international regulations. Their current locations are unknown, and such vessels typically require registration for safety and insurance purposes. This situation follows a blockade imposed by U.S. President Trump on sanctioned tankers heading to Venezuela, despite his assertion that an oil embargo is still in effect after the capture of President Maduro by U.S. troops.

Scorpio Tankers Signs Five-Year Time Charter Agreements for Two LR2 Vessels

Scorpio Tankers Inc. has signed five-year time charter agreements for two LR2 product tankers, STI Rose and STI Alexis, both built in 2015. Each charter is at a rate of $29,000 per vessel per day, commencing in the first quarter of 2026. This announcement was published via GlobeNewswire.