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United States Transport And Logistics

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Transport and logistics

Scorpio Tankers nets $130M in vessel sales and secures long-term charter income

Scorpio Tankers (NYSE:STNG) announced on Thursday a series of agreements to sell three aging product tankers and secure multi-year charters for two others, marking a continued push to capitalize on high asset values while locking in steady cash flows.

Read more: Scorpio Tankers nets $130M in vessel sales and secures long-term charter income
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Transport and logistics

Performance Shipping annual profit hits $50 million following fleet expansion

Performance Shipping (NASDAQ:PSHG), a global specialist in tanker vessel ownership, announced on Wednesday that its full-year net income for 2025 reached $50 million, an increase from the $43.7 million reported in 2024.

Read more: Performance Shipping annual profit hits $50 million following fleet expansion
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Technology

Vision Marine post 167% trip surge in Ventura as electric boating adoption gains pace

Vision Marine Technologies (NASDAQ:VMAR) disclosed significant growth within its direct-to-consumer rental division on Monday, reporting that its Portside Ventura, California operations saw a 167% year-over-year increase in excursion volume.

Read more: Vision Marine post 167% trip surge in Ventura as electric boating adoption gains pace