As war rages in Europe and the Middle East, a new flashpoint in South America could pose more complications for shipping.
Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.
Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?
Crude production cuts are inherently bad for tanker shipping, but analysts are downplaying the fallout.
Container shipping just experienced a record boom. Some believe crude and product tankers are poised to follow suit.
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.
Even if no oil moves under price caps, Russian exports could face deep discounts and continue to flow via “shadow tankers.”
As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.
Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.
Just two supertankers have been ordered in the past 14 months, raising the risk of a future shortfall in oil transport capacity.
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.
Without sanctions, tankers will keep loading Russian oil. ‘We’re not taking a moral high ground,’ says Frontline’s CEO.
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.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
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.
Here’s how omicron variant could impact tanker, container and dry bulk shipping rates.
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
