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   Non-TechShipping - Oil & Gas Tankers, Dry cargo, LNG


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From: Julius Wong2/1/2024 6:19:54 PM
   of 2530
 
Shipping, oil stocks turn lower after Israel said to agree to ceasefire deal in Gaza

Feb. 01, 2024 1:30 PM ET
By: Carl Surran, SA News Editor
60 Comments

HeliRy

Shipping company stocks turn sharply lower following unconfirmed reports Thursday that Israel and Hamas are near agreement on a ceasefire proposal.

Qatar's Foreign Ministry said Israel had agreed to the ceasefire proposal while Hamas gave an "initial positive confirmation," The Jerusalem Post reported.

Among shipping and tanker names: Zim Integrated ( ZIM) -15.1%, Scorpio Tankers ( STNG) -6.4%, Tsakos Energy Navigation ( TRP) -5.1%, Frontline ( FRO) -4.9%, Nordic American Tankers ( NAT) -4.5%, Danaos ( DAC) -3.2%, International Seaways ( INSW) -3.1%, Teekay ( TK) -2.9%, Eagle Bulk Shipping ( EGLE) -2.6%, Star Bulk Carriers ( SBLK) -2%.

Crude oil futures flipped lower on the reports, with March WTI crude ( CL1:COM) -1.5% to $74.70/bbl and March Brent crude ( CO1:COM) -1.6% to $79.23/bbl.

The oil benchmarks had gained more than 1% earlier as the market digested comments by Federal Reserve Chairman Jerome Powell that interest rate cuts were unlikely to happen in March.

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From: The Barracuda™2/4/2024 10:04:34 AM
   of 2530
 
Probably why Mermaid DU4.SI continues to move up


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To: Julius Wong who wrote (2454)2/4/2024 10:05:58 AM
From: The Barracuda™
1 Recommendation   of 2530
 
Looking to buy back TRMD, ZIM, DHT and maybe FRO

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From: The Barracuda™2/4/2024 10:10:15 AM
   of 2530
 
Atlantic marine A04.SI still not doing jack. Atlantic is the Singapore shipyard company. PE of 3.15


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From: The Barracuda™2/5/2024 8:10:17 AM
   of 2530
 
ZIM


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From: The Barracuda™2/12/2024 10:06:44 AM
   of 2530
 
Just bought back TRMD.

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From: The Barracuda™2/19/2024 7:53:45 PM
   of 2530
 
Red Sea anyone?


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To: The Barracuda™ who wrote (2460)2/19/2024 8:34:39 PM
From: Selectric II
   of 2530
 
Whatever the risk and truth about the latest attack, that pic is not of the same ship as was reported in this article. Totally different markings.

theguardian.com

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From: The Barracuda™2/24/2024 5:18:48 PM
   of 2530
 
Wtf TRMD ??!!


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From: Paul Senior3/4/2024 5:40:00 PM
   of 2530
 
GSL reports and market does not like results.

I'm in for a few more shares. Report didn't look so bad to me.

finance.yahoo.com

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