Tanker shipping’s ‘odd couple’ prepares for a divorce
Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.
Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.
Tanker investors have been disappointed before. Is the current stock pullback a bump in the road or something more?
The tanker industry has a storied history of corporate showdowns. The latest, a three-way tussle involving Euronav, looks far from over.
The predicted boost to tanker rates from Russian crude disruptions has yet to materialize. Instead, rates have declined.
Europe must replace all seaborne crude imports from Russia within the next few weeks. Crude tanker owners stand to gain.
The latest shipping company poised to delist has a market cap of $3.5 billion. The latest new entrant’s market cap is under $20 million.
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.
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.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
Shipping analysts rethink outlooks on crude and product tanker rates: already grim market appears even grimmer.
Crude-tanker owners continue to pile up huge losses, but hopes are high for next year.
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
Tanker execs explain lack of distress sales and scrapping this time around, and why new orders will be more curtailed.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Deutsche Bank’s Amit Mehrotra on how long import surge could last and upside potential for container, dry bulk and tanker stocks.
Tanker and bulker spot rates can go sub zero — some tanker rates are there now. What do the negative numbers really mean?
Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.
If ocean freight rates have legs, analysts see much more room for the secondhand ship values to run — which should, in turn, boost stocks.