Red Sea escalation would juice tanker rates, but rates would fall if the conflict spilled into the Strait of Hormuz.
As war rages in Europe and the Middle East, a new flashpoint in South America could pose more complications for shipping.
The volume of Russian crude exports is growing and the price is rising, spurring the U.S. and its partners to begin sanctions enforcement.
Geopolitics has always been a key driver of global shipping markets. How could the war in Israel affect rates?
Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.
This was supposed to be a banner year for crude tankers, but output cuts and the Russian price cap are keeping rates under pressure.
Price caps have been breached, discounts on Russian exports are dwindling, and more money is flowing to Russian coffers.
Tanker shipping sanctions compliance is getting a lot more complicated as the price of Russian crude oil rises.
Declining demand for Chinese exports and reduced stimulus options threaten bulk commodity import prospects.
The Wagner mutiny is drawing attention to what happens after the war in Ukraine ends. When it does, shipping will see major changes.
The International Energy Agency predicts Asia will buy growing volumes of U.S. crude through 2028. That’s good news for supertanker demand.
Five years after bringing dry bulk freight futures to the masses, Breakwave makes a splash in tanker investing.
Older ships are being kept in service longer in pursuit of profits, heightening the risk of accidents and spills.
Tanker investors have been disappointed before. Is the current stock pullback a bump in the road or something more?
More Western tankers are jumping into the Russian trade — legally, under the price cap — to pocket big freight premiums.
Crude production cuts are inherently bad for tanker shipping, but analysts are downplaying the fallout.
Container shipping just experienced a record boom. Some believe crude and product tankers are poised to follow suit.
Shipowners say they won’t order expensive new dual-fuel tankers without charters. They’re not getting charters, so they’re not ordering.
With virtually no new ships on order and demand strengthening, the tanker business seems poised for a bull run.
Larger crude tankers are moving more U.S. exports on shorter voyages to Europe as long-haul volumes to China stagnate.
After a year of sanctions and “self sanctions,” shipping cargoes caught in the crossfire continue to find their way to buyers.
Sanctions have split the world’s tanker fleet in two. On one side, those that follow Western rules; on the other, those that don’t.
The tanker industry has a storied history of corporate showdowns. The latest, a three-way tussle involving Euronav, looks far from over.
Russian crude restrictions are having the predicted effect on tanker trades, soaking up more vessel capacity as sailing distance lengthens.
The predicted boost to tanker rates from Russian crude disruptions has yet to materialize. Instead, rates have declined.
Even if no oil moves under price caps, Russian exports could face deep discounts and continue to flow via “shadow tankers.”
Europe must replace all seaborne crude imports from Russia within the next few weeks. Crude tanker owners stand to gain.
The EU is going to ban imports of Russian crude and petroleum products. It still has a long way to go to find replacement supplies.
The G-7 plan to squeeze Russia’s oil profits hinges on the EU revising its own sanctions. Those revisions face opposition.
“Right now, shipping companies around the world are looking at this and scratching their heads,” says sanctions expert Bruce Paulsen.
Tanker stocks are proving to be a shelter from the Wall Street storm as demand grows for ships that transport oil and natural gas.
Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
Tankers are very busy loading up with American crude oil and refined products sold to overseas buyers.
Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.
EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.
Tankers are loading up on American crude, diesel and gasoline exports. Can the free market withstand political pressure?
Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.
The biggest deal in tanker shipping history would merge Euronav and Frontline, but consolidation is no panacea.
Some shipping shares are rising because of war tailwinds. Others are rising despite war headwinds.
Cost of shipping crude oil remains cheap, but tanker rates could jump if the war doesn’t end by fall.
Invasion and price spikes could destroy demand, weaken consumer confidence and curb cargo volumes, warns BIMCO.
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.
Shipping analysts rethink outlooks on crude and product tanker rates: already grim market appears even grimmer.
An attack on Ukraine could hike costs for shipowners and cargo shippers across the globe.
For bulk commodity shipping, a rough start to the year. For container shipping, the profit bonanza continues.
After an exceptional year for ocean shipping, the data points to more action ahead in 2022.
Here’s how omicron variant could impact tanker, container and dry bulk shipping rates.
Price of low-sulfur fuel is rising faster than high-sulfur fuel. Ships with scrubbers stand to gain.
Crude and product tankers may be totally different markets, but 2021 proved how connected they are.
Crude-tanker owners continue to pile up huge losses, but hopes are high for next year.
Cost of fuel consumed by container ships, bulkers and tankers is effectively at a seven-year high.
Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.
As some Chinese factories go dark, more delays for container imports but bullish sign for coal, LNG and oil shipping.
Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
More problems loom for importers of Asian containerized goods and tanker slump could last even longer.
Tanker execs explain lack of distress sales and scrapping this time around, and why new orders will be more curtailed.
Glimmers of hope for the beaten-down tanker sector: more OPEC+ crude production and more long-haul exports from the U.S. to India.
‘Bigger is better’ is the mantra of public tanker companies. The just-announced INSW-Diamond S merger is a step in that direction.
The longer the Suez saga continues, the greater the container, tanker and dry bulk shipping impacts. There could be big losers — and winners.
Back in the Aristotle Onassis era, a Suez Canal closure was a tanker game changer. Today, tanker upside from the canal accident is limited.
Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.
Crude and product tanker rates are bouncing along the bottom. As one analyst put it, “There’s only one way to go from here.”
Long grind ahead for crude tankers: Executives and analysts don’t see recovery until second half — if not later.
How surprise Saudi production cuts and escalating Mideast tensions could impact timing of crude-tanker rate recovery.
A look back at 2020’s shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover … and now newbuild chatter.
“Winter is Coming” is a warning in House Stark and usually a blessing for tankers. But there’s nothing usual about 2020.
The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.
Euronav exec curses crude-tanker market (literally). Scorpio exec pitches product-tanker promise and throws shade at crude side.
New Kpler data reveals slow pace of floating-storage unwind and steady fall in crude-tanker utilization.
A “blue sweep” win for Democrats could be good for container ships, bad for tankers.
Banks, charterers, shipowners and governments want to clean up ocean transport. Not necessarily in the same way.
Shipping CEOs see an increasing risk of a global economic crisis in the decade ahead.
Marine fuel prices are down 30% year-on-year despite the IMO 2020 regulation.
Ocean shipping stocks remain mired in a sea of red. A bad year is getting worse.
Amid talk of more floating storage, Kpler data reveals most of round-one storage volume is still on the water.
After decades of safety improvements, a deadly stretch of casualties for ocean shipping.
Crude-tanker rates on the benchmark Middle East-Asia run are now deep in the red.
McKinsey warns that global shocks will become more frequent and shippers must improve the resiliency of their supply chains.
Good news: Ocean volumes are recovering from COVID.
COVID-19 could ignite geopolitical clashes and cause “meltdown” in U.S. consumer demand.
Will Iran retaliate after America commandeers four Iranian gasoline shipments?
Asia crude drawdown slashes both the “tons” and the “miles” in the ton-mile equation.
When times get tough, crude-tanker owner DHT starts buying. Times are getting tough.
Euronav and Scorpio Tankers highlight attractive fundamentals after floating storage wraps up.
New data reveals just how far ship orders have sunk. The fewer ships ordered, the higher future rates could climb.
Robintrack.net data reveals what retail traders are buying and when. The question is: Why?
An analysis of daily traded values and volumes of tanker and dry bulk stocks.
Will tanker sector see summer lull or more action ahead?
Most floating storage has yet to be unloaded while delays in China are mounting.
Tanker rates haven’t been this strong at this time of year for a half-decade.
Long-term institutional investors still steer clear of shipping shares — with good reason.
Tanker rates have plunged as predicted. How long until a recovery?
More forgiving sanctions approach would avoid rate surge seen after COSCO sanctions.
Ships could be idled as thousands of seafarers refuse contract extensions.
