Ocean shipping
- Maritime
Russia tanker business is alive and well. Oil exports ‘remain strong’
Without sanctions, tankers will keep loading Russian oil. ‘We’re not taking a moral high ground,’ says Frontline’s CEO.
Read More » - Maritime
Can tanker imports save drivers from spiking summer gasoline prices?
East Coast gasoline inventories are alarmingly low. Gasoline imports from Europe could help but may not be enough to fill the gap.
Read More » - Maritime
Gimme shelter: Shipping stocks still rising amid Wall Street storm
It has been a terrible year for the stock market, a great one (so far) for product tanker and dry bulk shipping stocks.
Read More » - Maritime
Blockbuster container shipping results collide with sinking sentiment
Zim continues to outpace growth rates of rival container shipping lines, but investor demand fears are on the rise.
Read More » - Maritime
Container shipping rates: Still sky high but falling back to Earth
Container shipping spot rates are easing, at least temporarily, and far fewer ships are stuck waiting off U.S. ports.
Read More » - Company earnings
Has the peak of container shipping’s epic boom already passed?
Ocean carrier Hapag-Lloyd sees consumer demand and spot rates slipping, with market highs in the rearview mirror.
Read More » - Maritime
Russia’s isolation deepens as shipping lines make final port calls
First came a pause in cargo bookings to Russia. Now, ocean carriers have halted almost all of their Russian port calls.
Read More » - American Shipper
Shipping stocks take another beating, sinking by double digits
Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.
Read More » - Company earnings
The world is ‘crying out for diesel.’ Product tankers could win big
The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.
Read More » - News
China lockdowns are not causing shipping chaos, say liner CEOs
‘Right now, we don’t see a huge buildup of volumes because of the closedown in Shanghai,’ reports Maersk CEO Soren Skou.
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