What do crazy $500,000-per-day rates say about shipping demand?
Stratospheric LNG shipping rates offer a lesson on the do’s and don’ts of measuring earnings momentum.
Stratospheric LNG shipping rates offer a lesson on the do’s and don’ts of measuring earnings momentum.
Global energy trades face even more tumult ahead. “This could get crazy,” says Scorpio Tankers’ Robert Bugbee.
The Russia-Ukraine war caused demand for LNG to surge. Owners of LNG carriers are in prime position to profit this winter.
Tanker, bulker and LNG shipping stocks rise as domestic freight and container stocks face pressure.
U.S. LNG cargoes were already flooding toward Europe months before the new deal. Real progress seems years away.
The ocean shipping boom is spreading across vessel types. Spot LNG shipping rates just topped $150,000 per day.
More public shipping companies go private as IPOs remain rare. Here’s why exits outpace new listings.
Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
An LNG ship is now earning more than any other vessel in history. Extreme weather in Asia has propelled LNG rates into the stratosphere.
Positive COVID recovery signal: LNG shipping is behaving normally again, with a typical seasonal spike.