#shipping-industry

#shipping-industry

Scorpio Tankers has moved from $3.1 billion in net debt in 2021 to a net cash position of roughly $332 million as of early 2026. That shift changes what kind of stock this actually is. Reddit sentiment sits at 90.8 out of 100, firmly 'very bullish.' The catch: that score is driven almost entirely by one speculative post, not a broad income thesis.

"The effects of international tariffs are being felt at the Port of Oakland, which saw a 10.1% drop in overall shipping volume in June compared to the previous month."

Greece warned its ship owners to reassess entering the Persian Gulf following US airstrikes on Iran, citing increased risks to vessels.

"Less volume of cargo containers means less work for us," said longshore worker Charlie Camacho. "So we feel it, we definitely feel it."

The accord reached in London would require every ship that ferries goods to lower their greenhouse gas emissions or pay a fee, marking a significant step in regulating shipping pollution globally.