COVID-era shipping stocks: The (super) good, the bad and the ugly
Container, dry bulk and tanker stocks are down from recent highs. Temporary setback or something more?
Container, dry bulk and tanker stocks are down from recent highs. Temporary setback or something more?
Crude and product tankers may be totally different markets, but 2021 proved how connected they are.
Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry
Trans-Atlantic product tanker rates have spiked, but a quick pipeline restart would curb future upside.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Glimmers of hope for the beaten-down tanker sector: more OPEC+ crude production and more long-haul exports from the U.S. to India.
Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.
Crude and product tanker rates are bouncing along the bottom. As one analyst put it, “There’s only one way to go from here.”
It’s not just container stocks rising. Shipping stocks are up for everything from bulkers to tankers to gas carriers.
ZIM just completed the first U.S. shipping IPO in over five years. Here’s a look back at shipping’s wild multidecade ride on Wall Street.
A look back at 2020’s shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.
Euronav exec curses crude-tanker market (literally). Scorpio exec pitches product-tanker promise and throws shade at crude side.
Ocean shipping stocks remain mired in a sea of red. A bad year is getting worse.
Crude-tanker rates on the benchmark Middle East-Asia run are now deep in the red.
M&A is being blocked by weak share pricing among buyers and lack of desperation among sellers.
Euronav and Scorpio Tankers highlight attractive fundamentals after floating storage wraps up.