Scorpio Tankers Inc. Common Shares (STNG) Social Stream
Featured Post From StockTwits About STNG
$STNG Greg Lewis at BTIG. Credit TradeWinds.gringo3339, published June 18, 2021
"What has us thinking about supercycles... is the record low supply growth expected over the next two years and the implementation of EEXI, which has the potential to boost fleet utilization by 5% to 15%,"
But he named several other things that could boost shipping through 2025, such as post-Covid-19 pent-up demand for goods, inflation, rising commodity prices and a growing global GDP.
He said stocks for Eagle Bulk Shipping and Scorpio Tankers as well as boxship players such as SFL are best positioned to benefit from these factors.
"However, we note in shipping a rising tide lifts all boats," he wrote.
Supply may remain tight in the years ahead because owners may be reluctant to order new ships amid uncertainty over what the dominant fuel of the future will be to meet environmental regulations.
"Currently, the IMO is targeting a 40% reduction in carbon intensity from the global fleet by 2030 and 50% by 2050, compared to 2008 levels,"
Other Notable StockTweets About STNG
This is playing out very similarly to March 12th to April 12th... not saying it means anything about tomorrow or a month from now. Just suspicious. And i don’t wanna miss the next elevator up to the $26th floor. Don’t see what’s driving this last bit other than overall market moves.
$STNG bought the dip again today... Funded with my INSW shares and (reluctantly) my GOGL. Would really like to see the US get serious about sending our hoarded vaccine doses overseas. This whole idea of paying millions via lotteries to the "vaccine hesitant" is great fun, but those doses will do much more good going to health care / essential / high risk individuals in other countries AND will result in a faster global recovery to boot. That will fuel STNG's rise into the 30s IMO.gringo3339, published June 4, 2021
$STNG Soooooo this is the part where we all watch this thing grow 5% a week on avg up to 35 and beyond? No more double digit down days or losing all gains in an hour. We survived the war. now we must survive the peace. Happy gains fellas ill see you at the end of summer 😎STNG2020, published May 28, 2021
$STNG hard to believe this is Sting... Behaves very different now... we might have very interesting week!!!
I have not trade it in the past grinding my teeth afterwards. Always knew that once I trade it it will shot up the next minute...
Early retirement after all?!