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.
EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.
Tankers are loading up on American crude, diesel and gasoline exports. Can the free market withstand political pressure?
East Coast gasoline inventories are alarmingly low. Gasoline imports from Europe could help but may not be enough to fill the gap.
It has been a terrible year for the stock market, a great one (so far) for product tanker and dry bulk shipping stocks.
Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.
The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.
The biggest deal in tanker shipping history would merge Euronav and Frontline, but consolidation is no panacea.
Some shipping shares are rising because of war tailwinds. Others are rising despite war headwinds.
Cost of shipping crude oil remains cheap, but tanker rates could jump if the war doesn’t end by fall.
Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.
Shipping analysts rethink outlooks on crude and product tanker rates: already grim market appears even grimmer.
An attack on Ukraine could hike costs for shipowners and cargo shippers across the globe.
For bulk commodity shipping, a rough start to the year. For container shipping, the profit bonanza continues.
