FreightWaves Ocean

Momentum builds for decarbonization of ocean shipping but it’s far from a done deal.

It has become even harder to determine what the prevailing bulk ocean freight rate really is.

More tariff and sanction risks lie ahead for ocean shipping.

Dry bulk rates were already terrible — then came the coronavirus, and they’re getting even worse.

Tanker giant Euronav warns of fallout from coronavirus crisis.

Trans-Pacific container volumes face escalating coronavirus risk.

Scorpio Bulkers on virus threat: Prepare for the worst and hope for the best

Chinese epidemic could curb ocean shipping demand.

A new book places IMO 2020 in the context of a potential “third revolution” for shipping.

New pact is a plus for tankers, bulkers and box ships, but less so for equities.

Tanker rates haven’t shot up further on new Iran tensions, yet they remain extremely high.

Despite all the mergers and all the alliances, ocean container rates are still lower than they were seven years ago.

Traditional U.S. import rush prior to Chinese holiday is subdued in 2020.

Is IMO 2020 fallout for dry bulk shipping a warning sign for container sector?

The high-stakes wild cards to watch in what promises to be a volatile year.

Killing of Iranian general and Iranian retaliation could spark another tanker rate spike.

Trans-Pacific container rates continue to fall as Asia-Europe rates continue to rise.

Links to 16 exclusive interviews with key decision-makers in ocean shipping.

Capital constraints should keep ocean shipping capacity in check, a plus for rates.

Concerns rise that shipping can’t recoup cost of IMO 2020-compliant fuel.

An exclusive interview with Lois Zabrocky, CEO of tanker owner International Seaways.

As carbon tax on ocean shipping appears more likely, industry lays groundwork for future collection.

U.S.-China deal should boost shipping stock sentiment, assuming investors believe it’ll stick.

An exclusive interview with John Hadjipateras, founder and CEO of NYSE-listed Dorian LPG.

Index data appears to show that IMO 2020 fuel costs are being passed along to box shippers.

Container industry veteran John McCown argues that the shift toward East Coast ports is inexorable.

After all the trade turmoil, many legacy supply chains may still be in “wait-and-see” mode.

The EU is pushing to bring carbon pricing to shipping, but there are a lot more questions than answers.

Trade tensions look like they’ll get worse before they get better, a negative for ocean shipping demand.

Brazil’s Vale has cut its iron-ore outlook for the first quarter, but revealed higher-than-expected projections for full-year 2020 and 2021.

Crude-tanker rates are staying lofty for a prolonged period, proving that the October spike was no “one off.”

Investors and commodity shippers favor spot contracts, but GHG cuts will require more long-term employment.

Unsurprisingly, listed bulker owners insist fourth-quarter Capesize rate pressure will pass.

Freight data confirms that container lines are increasing their flows to the U.S. East Coast at the expense of California ports.

Data reveals how container pricing may have suffered collateral damage from the trade war.

Higher freight rates are piquing investor interest, bringing ship owners back to the capital markets.

A look back at the colorful history of the transport of beer, wine and spirits via oceangoing tankers.

What was behind the historic rise and sudden fall in global LNG floating storage?

New ship orders are grinding to a halt due to uncertainty over which designs can meet future GHG rules.

ESG investors are shunning shipping stocks, but dividends should bolster total returns.

Advent Intermodal is seeking to increase transparency along the Panama “land bridge” between the coasts.

Reduced estimate for Brazilian iron-ore exports compounds headwinds for dry bulk.

China-to-California box rates are up 16% from October lows, but are still down 43% year-on-year.

With profits around the corner, listed shipping companies are reopening the dividend spigots.

Evan Efstathiou has just bought his way into the maritime tech landscape.

Ardmore Shipping execs predict the initial IMO 2020 phase will favor more expensive 0.1% MGO.

An exclusive interview with Greece’s Ioannis Martinos on what’s next for Signal Ocean.

New freight indices provide visibility on potential earnings premiums of scrubber-equipped vessels.

Ship owners like Dorian LPG are reaping the benefits of very strong VLGC spot rates.

Floating storage, scrubbers delays and newbuilding unease should continue to squeeze crude-tanker capacity.

Market prognosticators have been saying dry bulk will recover “next year” almost every year for the past decade. Will it finally happen in 2020?

The autumn peak season will be over before you know it. Trans-Pacific container rates have yet to budge.

Top shipping execs reveal the inside story of the recent crude-tanker rate maelstrom.

Scorpio Bulkers plans to continue to monetize its position in related-party Scorpio Tankers.

Headlines have highlighted booming VLCC rates, but spot LNG shipping rates have now taken the crown.

An exclusive Q&A with Carlos Di Mottola, CFO of Milan-listed D’Amico International Shipping.

Improved shipping stock prices and heightened time pressure on private equity ship owners should spur more consolidation.

Could new tariffs derail solid rate performance in the trans-Atlantic trade?

VLCC rates have rapidly fallen from over $300,000 per day to around $125,000 per day.

Headlines may proclaim “$300,000 per day” but most crude tankers are not making anything close to that.

VLCC rates are reaching epic levels in the wake of an attack in the Red Sea on an Iranian Suezmax tanker.

Crude-tanker rates have now reached levels not seen since before the global financial crisis.

Both canal stats and container transport pricing confirm continued momentum for U.S. East Coast ports.

What is the most bizarre transportation law case you’ve ever heard of? The story of the demise of the tanker Brilliante Virtuoso may top your list.

For a window on future demand for U.S. crude oil, look to international markets, as ever-more U.S. volumes head to sea.

VLCC rates are now at or near $100,000 per day, courtesy of U.S. sanctions targeting China’s COSCO.

The Baltic Exchange has been unrivaled in its creation of indices for dry freight futures. That may be about to change.

Crude tanker rates continue to surge, driven by geopolitical tensions. Meanwhile, container rates remain weak.

U.S. sanctions targeting Iranian crude aboard Chinese ships ensnare Canadian-headquartered, New York-listed owner of Bahamas-flagged vessels carrying Russian cargoes via Arctic Sea.

U.S. sanctions targeting a subsidiary of China’s COSCO Shipping could have far-reaching consequences.

Shipping equities have suffered through a rough couple of years, but hope persists that market capitalizations and trading volumes can be resuscitated.

The number of containers is a better bellwether of global trade than the number of container ships.

Capital-market sentiment is so bad in New York that ship owners may end up raising more money in Oslo this year.

This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.

The drone attacks in Saudi Arabia are reverberating across the ocean shipping business. Part II: the impacts on the crude tanker segment.

The drone attacks in Saudi Arabia are reverberating across the ocean shipping business. Part I: the impacts on non-tanker shipping segments.

The International Energy Agency now believes implementation of the new fuel rule could be “much smoother than expected.”

Dry bulk spot rates have pulled back from recent highs, while trans-Pacific container rates have held their gains.

Final investment decisions for new global LNG export plants are surging, a negative for future thermal coal demand.

According to Euronav, the derivatives market in low sulfur fuel oil is not deep enough to provide a viable IMO 2020 hedge – but it will be soon.

Tanker major Euronav has revealed new details on its strategy to counter IMO 2020 risks.

The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?

Companies like Safe Bulkers are booking their ships at considerably higher rates, yet investor interest remains muted.

A direct hit on both Freeport and Miami would compound fallout for ocean shipping.

LNG shipping rates are being driven by seasonal issues. Box shipping rates are behaving counter-seasonally.

Best-of-both-worlds business model of LPG carrier Epic Gas strives for both defensibility and growth potential.

John Fredriksen’s shipping companies are increasing their exposure to IMO 2020 market effects.

An exclusive FreightWaves interview with Concordia Maritime CEO Kim Ullman on product-tanker fundamentals and IMO 2020 fallout.

VLCC rates are up over 200% month-on-month. Trans-Pacific box shipping rates are down 11% since the beginning of August.

The next global recession would have a different impact on ocean shipping markets than the 2008-09 financial crisis.

DryShips and Teekay Offshore are going private. With share valuations weak, others could follow suit.

Time-charter rates can offer a clearer view on future sentiment than headline-grabbing spot rates.

Golden Ocean could be a trendsetter, buying a stake in a marine-fuel operation to offset IMO 2020 price and availability risks.

Asia-U.S. container rates are still not showing peak-season strength, but optimism remains.

Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?

As with product tanker rates, crude tanker rates show no sign yet of upside from IMO 2020 preparations.

IMO 2020-driven refining activity and tanker demand appears to be materializing slower than previously expected.

Eagle Bulk is finally in position to benefit from a rate recovery. It has been a long time coming for funds that invested back in 2013.