product tankers

Product-tanker share prices are up triple digits year to date as investors position for sanctions upside.

The EU is going to ban imports of Russian crude and petroleum products. It still has a long way to go to find replacement supplies.

“Right now, shipping companies around the world are looking at this and scratching their heads,” says sanctions expert Bruce Paulsen.

Tanker stocks are proving to be a shelter from the Wall Street storm as demand grows for ships that transport oil and natural gas.

Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.

If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.

Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.

Tankers are very busy loading up with American crude oil and refined products sold to overseas buyers.

The first half has been phenomenal for product tankers. How much of shipping upside is due to the war?

Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.