Price of low-sulfur fuel is rising faster than high-sulfur fuel. Ships with scrubbers stand to gain.
Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.
The ocean shipping boom is spreading across vessel types. Spot LNG shipping rates just topped $150,000 per day.
Cost of fuel consumed by container ships, bulkers and tankers is effectively at a seven-year high.
Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.
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 shares suffer double-digit declines, with tanker and container stocks also caught up in the sell-off.
Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
Container mega-spike recalls epic dry bulk run over a decade ago. Here’s a look back at the last time shipping had it this good.
