Monthly canal transits are now much lower than they were in 2015, the year before the Neopanamax locks went into operation.
Tanker stocks rose as expected in 2023, container shipping shares surprised to the upside, and dry bulk stocks lagged the pack.
Panama’s drought initially affected transits through the smaller locks. The pain has now spread to the larger Neopanamax locks.
As the Panama Canal scales back on reservation slots, more ships without reservations wait longer to get through.
The water crisis at the Panama Canal is getting worse and will force more ships to take much longer routes.
A leading exec in liquefied gas shipping gives his take on war in the Middle East, market fundamentals and shipping stocks.
Geopolitics has always been a key driver of global shipping markets. How could the war in Israel affect rates?
Have shipping stocks been a good bet? Here’s a look at their performance year to date and versus pre-COVID.
Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.
Panama’s drought poses a serious challenge to the country’s canal operations, but fallout to global trade remains limited.
Asian demand for propane continues to build, as does US supply, equating to booming business for LPG tanker owners in the middle.
Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.
Some VLGCs carrying propane and VLCCs carrying crude have joined LNG carriers in shipping’s six-figures-per-day club.
Shipping volumes are weakening in and out of China. Is this a temporary pullback or a sign of more serious trouble ahead?
Container-ship transits of the Panama Canal are up as liners favor the East Coast. LNG transits are down as U.S. gas heads to Europe.
Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.
It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
Panama Canal congestion is not impeding transits of container ships but it is pumping up spot rates for LNG and LPG carriers.
The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
What the war of words between the U.S. and China means to ocean shipping.
Rates for ocean transport of propane could surge if the worst of the coronavirus crisis is past.
America had been on track to become the world’s largest propane exporter until Saudi Arabia opened its crude spigot.
Here’s why tanker stocks are rising as the rest of the U.S. stock market is crashing.
From container shipping to tanker transport, markets are awash in coronavirus fallout.
New pact is a plus for tankers, bulkers and box ships, but less so for equities.
The high-stakes wild cards to watch in what promises to be a volatile year.
Links to 16 exclusive interviews with key decision-makers in ocean shipping.
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.
Ship owners like Dorian LPG are reaping the benefits of very strong VLGC spot rates.
Crude tanker rates continue to surge, driven by geopolitical tensions. Meanwhile, container rates remain weak.
Geopolitical and trade tensions are having an increasing effect on shipping rates.
New incentives for container shipping could bring more boxes through the canal to the U.S. East Coast.
