The International Energy Agency predicts Asia will buy growing volumes of U.S. crude through 2028. That’s good news for supertanker demand.
Five years after bringing dry bulk freight futures to the masses, Breakwave makes a splash in tanker investing.
Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.
Zim outperformed competitors on the way up and is falling faster than other carriers on the way down.
Europe faced a potentially disastrous energy shortage after war broke out. LNG shipping played a vital role in limiting the fallout.
Outsize profits are still flowing to companies like Danaos and Costamare that lease ships to container lines.
The CEO of shipping line Hapag-Lloyd argues that current freight rates are unsustainable and will correct upward over time.
Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?
Tanker investors have been disappointed before. Is the current stock pullback a bump in the road or something more?
As new container ships flood the market amid weak demand, Drewry expects low freight rates to persist through 2024.
Jefferies’ Omar Nokta believes container shipping investors are starting to look toward “the end of the destock and beginning of the restock.”
First-quarter numbers from container lines Cosco, OOCL and Evergreen show lingering upside from the tail end of the boom.
Despite a collapse in freight rates, container shipping is not behaving like an industry facing an imminent crisis.
Crude production cuts are inherently bad for tanker shipping, but analysts are downplaying the fallout.
The trend in container shipping is summed up by the adage, “The higher you climb, the further you have to fall.”
The lineup of shipping stocks is in flux. There are multiple new listings as well as notable departures.
Container shipping just experienced a record boom. Some believe crude and product tankers are poised to follow suit.
Tanker capacity for diesel is already tight amid war fallout. With very few ships on order, future transport capacity could fall short.
Quarterly net losses could be around the corner for container lines, but EBITDA will stay high even if carriers dip into the red.
With virtually no new ships on order and demand strengthening, the tanker business seems poised for a bull run.
