As war rages in Europe and the Middle East, a new flashpoint in South America could pose more complications for shipping.
Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.
Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?
Crude production cuts are inherently bad for tanker shipping, but analysts are downplaying the fallout.
Container shipping just experienced a record boom. Some believe crude and product tankers are poised to follow suit.
The tanker industry has a storied history of corporate showdowns. The latest, a three-way tussle involving Euronav, looks far from over.
The predicted boost to tanker rates from Russian crude disruptions has yet to materialize. Instead, rates have declined.
Even if no oil moves under price caps, Russian exports could face deep discounts and continue to flow via “shadow tankers.”
As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.
Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.
Just two supertankers have been ordered in the past 14 months, raising the risk of a future shortfall in oil transport capacity.
The latest shipping company poised to delist has a market cap of $3.5 billion. The latest new entrant’s market cap is under $20 million.
Without sanctions, tankers will keep loading Russian oil. ‘We’re not taking a moral high ground,’ says Frontline’s CEO.
The biggest deal in tanker shipping history would merge Euronav and Frontline, but consolidation is no panacea.
Some shipping shares are rising because of war tailwinds. Others are rising despite war headwinds.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
Shipping analysts rethink outlooks on crude and product tanker rates: already grim market appears even grimmer.
Here’s how omicron variant could impact tanker, container and dry bulk shipping rates.
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.
Crude and product tanker rates are bouncing along the bottom. As one analyst put it, “There’s only one way to go from here.”
ZIM, newest Wall Street shipping entrant, is riding wave of record-high freight rates. Shares fully recovered from rocky start.
Long grind ahead for crude tankers: Executives and analysts don’t see recovery until second half — if not later.
How surprise Saudi production cuts and escalating Mideast tensions could impact timing of crude-tanker rate recovery.
A look back at 2020’s shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
Redwood Logistics’ #HeroChallenge and Women in Logistics webinar raised funds to celebrate GivingTuesday.
Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover … and now newbuild chatter.
The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.
New Kpler data reveals slow pace of floating-storage unwind and steady fall in crude-tanker utilization.
Ocean shipping stocks remain mired in a sea of red. A bad year is getting worse.
Amid talk of more floating storage, Kpler data reveals most of round-one storage volume is still on the water.
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.
Robintrack.net data reveals what retail traders are buying and when. The question is: Why?
An analysis of daily traded values and volumes of tanker and dry bulk stocks.
Will tanker sector see summer lull or more action ahead?
Nordic American Tankers is the best stock performer among larger listed ship owners. Scorpio Bulkers is the worst.
Tanker rates haven’t been this strong at this time of year for a half-decade.
Tanker rates have plunged as predicted. How long until a recovery?
Institutional sellers offset retail buyers of supertanker stocks.
The stock market is back to pre-COVID levels. Shipping shares still have some catching up to do.
Banner day on Wall Street buoys tanker names as pressure builds.
Tanker owners increasingly point to upside to come after floating storage unloads.
Good news: Vaccine shows promise. Bad news: Floating storage economics vanish.
Are larger funds now heading for the exits and giving up on tanker stocks?
Public tanker owners post impressive earnings on an ugly day for tanker stocks.
Shipping analyst Michael Webber sees tanker-stock upside if coronavirus recovery falters.
Refined-product tankers join crude tankers in era of epic earnings.
Tensions in the Strait of Hormuz have always been good for tanker rates and stocks — until now.
U.S.-listed tanker stocks boast double-digit gains on historically awful day for crude-oil pricing.
Crude-tanker demand should continue to rise. Will stock prices follow suit?
Tanker shares fall back as crude-oil prices surge. What comes next?
As most of the transport sector suffers, crude-tanker owners haul in boatloads of cash.
Crude-tanker rates are skyrocketing, but leading analyst Michael Webber urges caution.
Why are share prices and tanker freight rates going in opposite directions?
As the world reels from coronavirus, crude-tanker owners are raking in massive returns.
Tanker rates are back in the stratosphere as the Saudis move ahead with production push.
Here’s why tanker stocks are rising as the rest of the U.S. stock market is crashing.
It has been a particularly rough start of the year for tanker stocks despite exceptionally strong results.
Chinese epidemic could curb ocean shipping demand.
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.
An exclusive interview with Scorpio President Robert Bugbee on shipping stocks and what lies ahead.
Crude-tanker rates are staying lofty for a prolonged period, proving that the October spike was no “one off.”
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.
Crude-tanker rates have now reached levels not seen since before the global financial crisis.
VLCC rates are now at or near $100,000 per day, courtesy of U.S. sanctions targeting China’s COSCO.
Crude tanker rates continue to surge, driven by geopolitical tensions. Meanwhile, container rates remain weak.
U.S. sanctions targeting a subsidiary of China’s COSCO Shipping could have far-reaching consequences.
This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.
Tanker major Euronav has revealed new details on its strategy to counter IMO 2020 risks.
John Fredriksen’s shipping companies are increasing their exposure to IMO 2020 market effects.
Golden Ocean could be a trendsetter, buying a stake in a marine-fuel operation to offset IMO 2020 price and availability risks.
Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?
Geopolitical risks are escalating, increasing the risk for petroleum shipments transiting the Strait of Hormuz.
If U.S. crude output were to lose momentum, it would be felt by tanker owners much more so than before.
Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.
Hope springs eternal for shipping stocks. Some analysts claim now is finally the time to jump back in.
East Coast refinery outage spurs more trans-Atlantic gasoline cargoes from Europe.
Geopolitical and trade tensions are having an increasing effect on shipping rates.
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 […]
Middle East tanker attacks could spur oil importers to bring forward purchases, increasing shipping demand.
There are some positive signs for shipping rates, but overall, disappointment prevails.
After languishing for years, tanker stocks are rising in 2019. Investors are seeking to get in early on the belief that the turnaround in rates is nigh. They’ve been wrong before — will their bets pay off this time?
