How much do shipping CEOs make? (Here’s their 2020 pay info)
An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry
An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry
‘Bigger is better’ is the mantra of public tanker companies. The just-announced INSW-Diamond S merger is a step in that direction.
“Winter is Coming” is a warning in House Stark and usually a blessing for tankers. But there’s nothing usual about 2020.
Crude-tanker rates on the benchmark Middle East-Asia run are now deep in the red.
Asia crude drawdown slashes both the “tons” and the “miles” in the ton-mile equation.
Tanker rates haven’t been this strong at this time of year for a half-decade.
Challenge to shipping M&A: No one wants to sell in a downturn.
Institutional sellers offset retail buyers of supertanker stocks.
Diamond S boss sees tanker-market “trough” on the horizon.
Asian refineries suddenly have too much gasoline, diesel and jet fuel. Buyers in the West are taking the overflow, a plus for product tankers.
Capital constraints should keep ocean shipping capacity in check, a plus for rates.
U.S.-China deal should boost shipping stock sentiment, assuming investors believe it’ll stick.
An exclusive interview with Scorpio President Robert Bugbee on shipping stocks and what lies ahead.
Improved shipping stock prices and heightened time pressure on private equity ship owners should spur more consolidation.
VLCC rates are reaching epic levels in the wake of an attack in the Red Sea on an Iranian Suezmax tanker.
Capital-market sentiment is so bad in New York that ship owners may end up raising more money in Oslo this year.
The next global recession would have a different impact on ocean shipping markets than the 2008-09 financial crisis.
Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.
The New York Stock Exchange (NYSE) has just welcomed another ship owner aboard. On June 17, the stock of liquefied natural gas (LNG) carrier owner Flex LNG (NYSE: FLNG) began […]
Golar LNG Ltd is spinning off a new public entity. Flex LNG is coming too. Shipping’s US-listed field is getting even more crowded.
NYSE-listed Diamond S Shipping brings an experienced management team back into the public arena.
At the same time Wall Street investors are shunning ship owners, European banks are pulling back on providing debt to ocean shipping. What are the short- and long-term implications for freight markets?