IMO shareholders shouldn't have to guess and speculate. STO should have promoted this as Greening of the marine shipping industry if that is what it is as an example ? Helping eth carbon transittion.
The lack of detail is what triggered my brain to look a little deeper. a 20 x 300 mill shipments - thats 6 billion and it is stuff all detail. ? Not sure if lack of detail is on purpose or by accident and why underlying client has not gone direct to STO. In saying that Totalenergies might be the underlying client and filling their Singapore floating bunker to supply shipping out of Singapore as they move away from heavy fuel oil. If so why not say so?
Below article shows shipping link from PNG to Singapore and comments it is 3rd bunkering ship made
https://marinefuels.totalenergies.com/products-and-services/liquefied-natural-gas
https://marinefuels.totalenergies.com/news/press-release/totalenergies-set-to-expand-its-global-lng-bunkering-network-further-following-the-naming-ceremony-of-the-brassavola-lng-bunker-vessel-in-singapore
IMO shareholders shouldn't have to guess and speculate. STO...
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Last
$7.25 |
Change
-0.040(0.55%) |
Mkt cap ! $23.54B | |||
| Open | High | Low | Value | Volume |
| $7.41 | $7.45 | $7.24 | $55.53M | 7.600M |
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| 13 | 86995 | $7.25 |
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|---|---|---|
| $7.27 | 10000 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |