Crude tankers poised for ‘once-in-a-generation’ boom
As most of the transport sector suffers, crude-tanker owners haul in boatloads of cash.
As most of the transport sector suffers, crude-tanker owners haul in boatloads of cash.
Crude-tanker rates are skyrocketing, but leading analyst Michael Webber urges caution.
Why are share prices and tanker freight rates going in opposite directions?
As the world reels from coronavirus, crude-tanker owners are raking in massive returns.
Tanker rates are back in the stratosphere as the Saudis move ahead with production push.
Here’s why tanker stocks are rising as the rest of the U.S. stock market is crashing.
Earnings calls shed new light on how ocean shipping bosses view coronavirus crisis.
Tanker giant Euronav warns of fallout from coronavirus crisis.
New pact is a plus for tankers, bulkers and box ships, but less so for equities.
Tanker rates haven’t shot up further on new Iran tensions, yet they remain extremely high.
Killing of Iranian general and Iranian retaliation could spark another tanker rate spike.
An exclusive interview with Scorpio President Robert Bugbee on shipping stocks and what lies ahead.
With profits around the corner, listed shipping companies are reopening the dividend spigots.
Ardmore Shipping execs predict the initial IMO 2020 phase will favor more expensive 0.1% MGO.
Floating storage, scrubbers delays and newbuilding unease should continue to squeeze crude-tanker capacity.
Headlines have highlighted booming VLCC rates, but spot LNG shipping rates have now taken the crown.
Improved shipping stock prices and heightened time pressure on private equity ship owners should spur more consolidation.
VLCC rates have rapidly fallen from over $300,000 per day to around $125,000 per day.
Headlines may proclaim “$300,000 per day” but most crude tankers are not making anything close to that.
VLCC rates are reaching epic levels in the wake of an attack in the Red Sea on an Iranian Suezmax tanker.