‘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.
