Tanker stocks rose as expected in 2023, container shipping shares surprised to the upside, and dry bulk stocks lagged the pack.
Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.
Zim’s headline loss looks ugly, but most of the decline was non-cash and it still has ample reserves to weather the downcycle.
A fleet of container vessels is up for sale as a company backed by Greece’s Evangelos Marinakis switches its bets to LNG shipping.
Investors have been burned for years by dilutive share offerings by micro-cap shipowners. Backlash is building.
Have shipping stocks been a good bet? Here’s a look at their performance year to date and versus pre-COVID.
Average CEO compensation rose as ocean shipping company earnings increased, fueled in many cases by share-based compensation.
Unprecedented supply-demand imbalances amid the pandemic led to historic dividend payouts by container shipping lines.
Zim lost $213 million in the second quarter. Will rising trans-Pacific spot rates help it reverse course in the third?
Investors in Danaos thought they were buying a container shipping stock. Now they’re invested in dry bulk, too.
Despite upgrading its full-year outlook, container shipping giant Maersk no longer sees a second-half demand rebound.
Asian demand for propane continues to build, as does US supply, equating to booming business for LPG tanker owners in the middle.
Shipping lines are seeing higher cargo volumes and successfully integrating newly built vessels into their fleets, says Textainer’s CEO.
Despite ongoing controversy over shareholder treatment, analyst Michael Webber says shipping is doing a better job.
After rapidly expanding its fleet during the boom, ocean carrier Zim is backpedaling and shedding ships.
Expectations for peak season have waned, but container lines may have bounced off the bottom.
Shipping stocks in sectors with high deliveries of new ships are doing better than those with low orderbooks.
Sluggish demand is capping shipping lines’ income. In response, at least one carrier is reportedly moving to limit losses on legacy charters.
Concerns over highly dilutive share offerings by microcap shipowners have been building for years. The debate just intensified.
Trans-Pacific spot shipping rates remain under pressure, slumping back again as U.S. import demand comes up short.
