Houthi attacks have been a plus for shipping rates. The latest to benefit: Owners of container vessels that can be rented to shipping lines.
Outsize profits are still flowing to companies like Danaos and Costamare that lease ships to container lines.
Charter rates hold steady at their peak as the seemingly neverending container shipping boom continues.
Some shipping shares are rising because of war tailwinds. Others are rising despite war headwinds.
Shares of Zim are flirting with a new peak while shares of ship-leasing, dry bulk and tanker companies lose ground.
Some public shipowners are turning toward more diverse fleets. Others are moving in the opposite direction.
Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.
Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Ocean carrier ZIM just released record results and confirmed huge gains for contract rates. So why did its stock sink?
Newbuild-to-fleet ratio now 15.3%, up from 9.4% in mid-2020. But orders are not high enough yet to wave red flags.
Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.
Even after a wave of just-ordered container ships is delivered by yards, cargo shippers are unlikely to see lower freight rates.
Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
The trans-Pacific capacity crunch continues. Container volume that’s either inbound to Los Angeles or stuck at anchorage is surging.
Analysts point to upside prospects for container-ship stocks as charter rates rebound.
U.S. importers now paying three times more per mile than Europeans for transport of Chinese goods.
The more sailings cancelled, the more risk to companies leasing container ships to carriers.
Liners confront higher ship-lease rates at the very time fuel prices are spiking.
Container ship lessor says charter rates on larger vessels is improving as supply falls.
The quarterly results of Costamare reveal continued rise in container-ship charter rates.
Large ships may provide liner operators with economies of scale, but they are proving more expensive in the chartering market.
Container ship owner sees good demand balance with better rates on post-panamax vessels.
