The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
Rep. Joseph D. Morelle of New York says LNG unit trains would pose a safety threat to the local community.
Positive COVID recovery signal: LNG shipping is behaving normally again, with a typical seasonal spike.
The groups say more federal oversight is needed for the transport of liquefied natural gas by rail.
Environmental groups and several states have filed lawsuits against regulation governing liquefied natural gas by rail over environmental and safety concerns.
The rule seeks to address Democrats’ concerns about the safety measures the railroads would take in transporting liquefied natural gas.
Warning sign for tanker investors as US crude exports begin to reverse course.
What the war of words between the U.S. and China means to ocean shipping.
Here’s why tanker stocks are rising as the rest of the U.S. stock market is crashing.
From container shipping to tanker transport, markets are awash in coronavirus fallout.
Funding likely to remain elusive for proposal that focuses on zero-carbon initiatives.
New pact is a plus for tankers, bulkers and box ships, but less so for equities.
U.S.-China deal should boost shipping stock sentiment, assuming investors believe it’ll stick.
The approval comes amid some objection by Congressional Democrats and a wider proposed rulemaking on the same issue.
Investors and commodity shippers favor spot contracts, but GHG cuts will require more long-term employment.
What was behind the historic rise and sudden fall in global LNG floating storage?
Headlines have highlighted booming VLCC rates, but spot LNG shipping rates have now taken the crown.
Crude tanker rates continue to surge, driven by geopolitical tensions. Meanwhile, container rates remain weak.
U.S. sanctions targeting Iranian crude aboard Chinese ships ensnare Canadian-headquartered, New York-listed owner of Bahamas-flagged vessels carrying Russian cargoes via Arctic Sea.
Two lawmakers want more extensive review of the risks and practice of using tank cars to haul liquefied natural gas.
