Costamare

Charter rates hold steady at their peak as the seemingly neverending container shipping boom continues.

Some shipping shares are rising because of war tailwinds. Others are rising despite war headwinds.

Shares of Zim are flirting with a new peak while shares of ship-leasing, dry bulk and tanker companies lose ground.

Some public shipowners are turning toward more diverse fleets. Others are moving in the opposite direction.

Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.

Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.

COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.

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.

Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.