Crude oil shipping
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News
Port Houston sees $75B in trade in first half of 2021
Port Houston’s biggest international trade partners were China, Mexico and Brazil during the first half of the year.
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Infographics
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Maritime
US considering foreign tankers to move domestic fuel supplies
The Biden administration is considering waiving the Jones Act in the wake of the Colonial Pipeline shutdown.
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Company earnings
Why this tanker shipping depression is different from past slumps
Tanker execs explain lack of distress sales and scrapping this time around, and why new orders will be more curtailed.
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Maritime
Light at end of the tunnel for battered tanker trade?
Glimmers of hope for the beaten-down tanker sector: more OPEC+ crude production and more long-haul exports from the U.S. to India.
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Maritime
Another shipping stock bites the dust as big tanker fleets merge
‘Bigger is better’ is the mantra of public tanker companies. The just-announced INSW-Diamond S merger is a step in that direction.
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Maritime
What the Suez Canal accident means to the tanker business
Back in the Aristotle Onassis era, a Suez Canal closure was a tanker game changer. Today, tanker upside from the canal accident is limited.
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Maritime
Deutsche Bank on import bonanza: ‘You ain’t seen nothing yet’
Deutsche Bank’s Amit Mehrotra on how long import surge could last and upside potential for container, dry bulk and tanker stocks.
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AskWaves
Minus $7,400 a day? How can shipping rates fall below zero?
Tanker and bulker spot rates can go sub zero — some tanker rates are there now. What do the negative numbers really mean?
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Maritime
OPEC+ deal shocker will prolong bloodletting for crude tankers
Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.
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