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.
Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.
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.
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.
Hapag-Lloyd says addition of a sixth ship to one of its U.S.-flag transatlantic services will improve reliability.
Seaspan says high demand for containerships has shielded it from the U.S.-China trade war.
The quarterly results of Costamare reveal continued rise in container-ship charter rates.
East Coast refinery outage spurs more trans-Atlantic gasoline cargoes from Europe.
Stocks of publicly listed ship owners, particularly in the dry bulk sector, are feeling the fallout of trade tensions.
According to Seaspan Corporation, the largest U.S.-listed container-ship lessor, liner companies are pulling vessels from service to install scrubbers, which is increasing demand for new charters.
