Tanker shipping demand nightmare – fact of fiction?
Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.
Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.
Hope springs eternal for shipping stocks. Some analysts claim now is finally the time to jump back in.
East Coast refinery outage spurs more trans-Atlantic gasoline cargoes from Europe.
Geopolitical and trade tensions are having an increasing effect on shipping rates.
The New York Stock Exchange (NYSE) has just welcomed another ship owner aboard. On June 17, the stock of liquefied natural gas (LNG) carrier owner Flex LNG (NYSE: FLNG) began trading in the U.S. Its executives rang the opening bell and the stock closed up 2 percent on its debut day. Flex LNG had been […]
Middle East tanker attacks could spur oil importers to bring forward purchases, increasing shipping demand.
There are some positive signs for shipping rates, but overall, disappointment prevails.
After languishing for years, tanker stocks are rising in 2019. Investors are seeking to get in early on the belief that the turnaround in rates is nigh. They’ve been wrong before — will their bets pay off this time?