All eyes turn to timing of tanker rate resurrection
Crude and product tanker rates are bouncing along the bottom. As one analyst put it, “There’s only one way to go from here.”
Crude and product tanker rates are bouncing along the bottom. As one analyst put it, “There’s only one way to go from here.”
It’s not just container stocks rising. Shipping stocks are up for everything from bulkers to tankers to gas carriers.
ZIM, newest Wall Street shipping entrant, is riding wave of record-high freight rates. Shares fully recovered from rocky start.
Long grind ahead for crude tankers: Executives and analysts don’t see recovery until second half — if not later.
In Africa, one seafarer is dead and 15 have been kidnapped. Worldwide, more seafarers are being barred from travel as COVID fears rise.
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.
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.
Amid talk of more floating storage, Kpler data reveals most of round-one storage volume is still on the water.
Crude-tanker rates on the benchmark Middle East-Asia run are now deep in the red.
When times get tough, crude-tanker owner DHT starts buying. Times are getting tough.
M&A is being blocked by weak share pricing among buyers and lack of desperation among sellers.
Euronav and Scorpio Tankers highlight attractive fundamentals after floating storage wraps up.
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.