Shipping stock sell-off: Shares down double digits since March
Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?
Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?
The Baltic Dry Index has fallen 91% since October 2021 to one of its lowest levels ever, yet shipowners remain confident.
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.
Rates and sentiment in dry bulk shipping have fallen hard. Economic pressures in China appear to be a major culprit.
Exhaust gas scrubbers are allowing tankers, bulkers and container ships to keep burning dirtier — and much cheaper — marine fuel.
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.
Container, dry bulk and tanker stocks are down from recent highs. Temporary setback or something more?
Price of low-sulfur fuel is rising faster than high-sulfur fuel. Ships with scrubbers stand to gain.
Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.
Extreme measures to contain delta variant create unprecedented backlog of dry bulk ships off China.
Rates for smaller bulkers remain at decade highs with most dry bulk stocks up triple digits since November.
Environmental regs could extend future dry bulk and tanker upside, while consolidation could change curve of container-shipping cycle.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Dry bulk shipping rates are now double to triple five-year averages. Stock prices of dry bulk owners are on the ascent.
Deutsche Bank’s Amit Mehrotra on how long import surge could last and upside potential for container, dry bulk and tanker stocks.
Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.
If ocean freight rates have legs, analysts see much more room for the secondhand ship values to run — which should, in turn, boost stocks.
The bosses of public dry bulk shipping companies claim that recent market oddities point to good times ahead.
Star Bulk and Golden Ocean have recently acquired almost $1 billion in ships between them as they seek more exposure to the dry bulk market.
It’s not just container stocks rising. Shipping stocks are up for everything from bulkers to tankers to gas carriers.
This has been the best January for dry bulk shipping rates in a decade. Is this the long-awaited turning point or yet another head fake?
Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
Another key bellwether — the cost of dry bulk freight — is pointing to an economic recovery.
Marine fuel prices are down 30% year-on-year despite the IMO 2020 regulation.
When times get tough, crude-tanker owner DHT starts buying. Times are getting tough.
M&A is being blocked by weak share pricing among buyers and lack of desperation among sellers.
Dry bulk was riding high just a few weeks ago. Now it’s taking a tumble.
An analysis of daily traded values and volumes of tanker and dry bulk stocks.
Nordic American Tankers is the best stock performer among larger listed ship owners. Scorpio Bulkers is the worst.
Long-term institutional investors still steer clear of shipping shares — with good reason.
Retail stock pickers bet big on tankers. Dry bulk remains less enticing despite rate surge.
The stock market is back to pre-COVID levels. Shipping shares still have some catching up to do.
Coronavirus hit to Brazilian exports is a nightmare scenario for dry bulk — and cases in Brazil are mounting fast.
An exclusive interview with Deutsche Bank’s Amit Mehrotra on what COVID-19 means to transport stocks.
Good news: Vaccine shows promise. Bad news: Floating storage economics vanish.
Bulker rates are rising, but not yet profitable, and market risks abound.
Investors appear increasingly worried that the coronavirus will spark a global recession with no quick bounceback.
Dry bulk rates were already terrible — then came the coronavirus, and they’re getting even worse.
New pact is a plus for tankers, bulkers and box ships, but less so for equities.
Concerns rise that shipping can’t recoup cost of IMO 2020-compliant fuel.
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.
Unsurprisingly, listed bulker owners insist fourth-quarter Capesize rate pressure will pass.
Ardmore Shipping execs predict the initial IMO 2020 phase will favor more expensive 0.1% MGO.
Market prognosticators have been saying dry bulk will recover “next year” almost every year for the past decade. Will it finally happen in 2020?
Improved shipping stock prices and heightened time pressure on private equity ship owners should spur more consolidation.
Dry bulk spot rates have pulled back from recent highs, while trans-Pacific container rates have held their gains.
The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?
An exclusive interview with John Kartsonas, the developer of the BDRY exchange-traded fund that tracks bulker rates.
Capesize owners were afraid to ballast to Brazil when a key Vale mine was closed. Now there are too few Capesizes in the Atlantic Basin, pushing up rates.
Dry bulk transport is about to get more expensive thanks to new marine fuel regulations.
Dry bulk shipping could be a winner following the ceasefire in the trade war between the U.S. and China.
Private equity-backed ship owners continue to sell fleets to already listed companies in return for shares.
There are some positive signs for shipping rates, but overall, disappointment prevails.
Stocks of publicly listed ship owners, particularly in the dry bulk sector, are feeling the fallout of trade tensions.