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2023-06-30 13:11:47 ET Scorpio Tankers ( NYSE: STNG ) +7.2% and Frontline ( NYSE: FRO ) +4.9% in Friday's trading after Deutsche Bank upgraded both shipping companies to Buy from Hold, expecting tanker demand will increase this summer and into Q3 as refinery maintena...
2023-06-27 08:00:00 ET Summary Marine Money Week is the top shipping conference in the United States. The events were held this year in NYC from June 20-22. Our team attended the conference and we met with over 20 shipping firms and attended the key shipping sector panels. A l...
2023-06-20 06:15:00 ET Summary Shipping equities have enjoyed a decent start to 2023 despite market uncertainty and volatility. Dry bulk equities trade near record discounts and are a direct play on China's reopening. Tankers are poised to begin a potential multi-year supercyc...
2023-06-12 12:43:57 ET International Seaways ( NYSE: INSW ) has declared $0.12/share quarterly dividend , in line with previous. The Company’s Board of Directors declared a supplemental dividend of $1.50 per share of common stock on May 4, 2023. Both dividends ...
International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today announced that based on the preliminary voting results provided by its...
Reiterates Commitment to Delivering Shareholder Value Provides Important Context Regarding Engagement with Seatankers Recommends Shareholders Vote “FOR” All International Seaways Directors and All Other Proposals at Upcoming Annual Meeting International Sea...
2023-05-30 08:43:46 ET Seatankers, the largest common shareholder in International Seaways ( NYSE: INSW ), said Tuesday it sent an open letter to the company saying it will vote against the re-election of two incumbent directors and against ratifying the company's poison pill. ...
Expresses Frustration with the Board’s Refusal to Meaningfully Engage with the Seatankers Group on Shareholder Value-Creation Believes that the Board Suffers from Various Governance Shortcomings and Requires Significant Corporate Governance Reform and Refreshment Intends ...
2023-05-29 21:48:09 ET Summary International Seaways is a medium-sized tanker company with a diverse fleet of 76 tankers. The company has strong earnings, with a P/E ratio of around 3, and a solid balance sheet. INSW is a cheap investment option for exposure to the tanker mark...
2023-05-24 14:11:26 ET In its preliminary annual 2023 Russell indexes reconstitution, a total of 164 companies will be added and 319 deleted from the Russell microcap index. Following notable industrial companies will be added and deleted from Russell microcap index. Notable additions...
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International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2024 results before market open on Wednesday, August 7, 2024. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (...
2024-07-12 11:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-22 13:38:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...