shipping stocks

Shipping lines like Hapag-Lloyd have suffered sharp rate falls from the peak, but they’re nowhere near financial distress.

Charter rates are far below the peak but higher than pre-COVID as liners continue to sign new container-ship leases.

The Baltic Dry Index has fallen 91% since October 2021 to one of its lowest levels ever, yet shipowners remain confident.

The reversion in spot rates is pulling down contract rates, with a significantly delayed effect on ocean carrier earnings.

Russian crude restrictions are having the predicted effect on tanker trades, soaking up more vessel capacity as sailing distance lengthens.

Are falling commodity shipping spot rates the result of normal seasonality or a symptom of global economic malaise?

Sanctions on Russian crude exports have yet to boost tanker rates. Some question whether sanctions on Russian diesel will either.

Just as the pandemic wound down, another market-altering event for shipping — the Ukraine-Russia war — ramped up.

Hopes that China will relax its zero-COVID policy are fading, raising concerns about shipping volume fallout.

Stratospheric LNG shipping rates offer a lesson on the do’s and don’ts of measuring earnings momentum.

Global energy trades face even more tumult ahead. “This could get crazy,” says Scorpio Tankers’ Robert Bugbee.

Earnings for Zim, the world’s 10th largest ocean carrier, peaked in the first quarter and continue to slide as rates fall.

Some VLGCs carrying propane and VLCCs carrying crude have joined LNG carriers in shipping’s six-figures-per-day club.

Europe must replace all seaborne crude imports from Russia within the next few weeks. Crude tanker owners stand to gain.

Maersk’s guidance implies fourth-quarter earnings will plunge 39% compared to the third-quarter peak.

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

The world’s seventh-largest ocean carrier expects profits to fall, yet its projections remain vastly higher than pre-COVID levels.

Spot rate indexes look like they’re stabilizing — at least temporarily — after double-digit plunges in August and September.

Rolf Habben Jansen, CEO of ocean carrier Hapag-Lloyd, gives his take on the “bullwhip effect,” rates and global trade.

As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.