The key question for container shipping rates: How soon can Operation Prosperity Guardian woo traffic back to the Red Sea?
Container ships have forsaken the Red Sea route but many bulk commodity vessels continue to transit the danger zone.
A growing number of ship operators are refusing to transit the Red Sea and taking a very long detour around Africa instead.
Container-ship route diversions — first to avoid the Panama Canal, now to avoid Red Sea chaos — could help offset rate pressure from newbuilding deliveries.
As war rages in Europe and the Middle East, a new flashpoint in South America could pose more complications for shipping.
There has been a surge of attacks and threats targeting Israel-linked ships, including one incident where the U.S. Navy came to the rescue.
Panama Canal restrictions force more ships to transit the Bab el-Mandeb Strait off Yemen, where they face a hijacking risk.
The era of rapid Chinese growth and large-scale government intervention is over, says China Beige Book CEO Leland Miller.
A leading exec in liquefied gas shipping gives his take on war in the Middle East, market fundamentals and shipping stocks.
The volume of Russian crude exports is growing and the price is rising, spurring the U.S. and its partners to begin sanctions enforcement.
Geopolitics has always been a key driver of global shipping markets. How could the war in Israel affect rates?
A flood of tanks, military vehicles and weapons systems is flowing from the U.S. to Europe. Shipowner ARC plays a pivotal transport role.
Diesel is an essential fuel for the global economy. The world’s second-largest seaborne supplier, Russia, just halted exports.
Price caps have been breached, discounts on Russian exports are dwindling, and more money is flowing to Russian coffers.
Tanker shipping sanctions compliance is getting a lot more complicated as the price of Russian crude oil rises.
Mainstream European tanker owners that are willing to load Russian oil are far outperforming the broader market.
Europe faced a potentially disastrous energy shortage after war broke out. LNG shipping played a vital role in limiting the fallout.
The war has stoked fears of global shortfalls of wheat, corn and fertilizers, but the flexibility of shipping trades has limited the risk.
Mainstream tankers have moved into the Russian crude export trade. The price cap might push them back out again.
“We are starting to see ocean carriers systematically take geopolitical risk into consideration,” says Xeneta’s Erik Devetak.
