US-listed tanker and bulker owners are proving to be a tale of two sectors on Wall Street as investors respond to Russia’s attack on Ukraine. Tanker shares have risen steadily since Thursday’s opening bell in New York, while dry bulk equities have continued to slide as the conflict dominates headlines across the globe. The mixed day came as global stocks sold off amid the violence in Eastern Europe but tanker spot rates received a lift.

Scorpio Tankers shares, which can be found on Nasdaq under ticker symbol STNG, have jumped 8.6% to $17.22. The owner of 130 tankers holds $993m in market capitalization. Teekay Tankers’ shares, which trade on the New York Stock Exchange (NYSE) under the ticker symbol TNK, rose 7.8% to $12.73. Its market cap, which is backed by 51 midsize tankers, stands at $495m. Stock held by Ardmore Shipping, which trades on the NYSE under the ticker symbol ASC, have leapt 5% to $4.40 per share after six hours of trading. The Anthony Gurnee-led owner of 25 product and chemical tankers has $153m in market capitalization. NYSE-listed International Seaways, with ticker symbol INSW, gained 5% to reach $17.39. It owns and operates 86 tankers and maintains a market cap of $857m.

Dry bulk shipping equities drifted in the opposite direction on Thursday. Eagle Bulk Shipping’s stock, which trades on Nasdaq as EGLE and owns 53 bulkers backed by $725m in market cap, slid 4.6% to $53.50. Golden Ocean Group’s shares, which trade on Nasdaq as GOGL, dropped 4% to $12.05. It owns 99 bulkers and has $%2.41bn in market cap. Shares of Seanergy Maritime Holdings, which trade on the Nasdaq stock exchange under the ticker symbol SHIP, declined 6.7% to $1.11 per share. The Stamatis Tsantanis-led company owns 17 capesizes and has $191m in market capital.

The broader stock market slipped on Thursday amid the Russia-Ukraine conflict. The Dow Jones Industrial Average lost 271 points to reach 32,874 points by the sixth hour of trading.