Shipowners with shares worth pennies rake in millions
Top Ships, Seanergy, Castor and Globus tap equity markets to buy vessels.
Top Ships, Seanergy, Castor and Globus tap equity markets to buy vessels.
Nordic American Tankers is the best stock performer among larger listed ship owners. Scorpio Bulkers is the worst.
Most floating storage has yet to be unloaded while delays in China are mounting.
Tanker rates haven’t been this strong at this time of year for a half-decade.
Ocean Network Express, Hub Group, Estes Express Lines and PITT OHIO all have something in common: They are among the top carriers on FourKites Premier Carrier list
“Optics” are bad but freight pricing doesn’t appear to meet regulatory bar for intervention.
Challenge to shipping M&A: No one wants to sell in a downturn.
Global trade fallout from the crew-repatriation crisis has begun — and looks poised to snowball.
Shipboard COVID cases will make it even harder to roll back travel restrictions that block crew changes.
E-commerce and coronavirus fallout are buoying container services from Asia to the West Coast.
Long-term institutional investors still steer clear of shipping shares — with good reason.
Tanker rates have plunged as predicted. How long until a recovery?
Retail stock pickers bet big on tankers. Dry bulk remains less enticing despite rate surge.
By artificially restricting capacity, carrier alliances have engineered rates higher and may book a profit this year.
More forgiving sanctions approach would avoid rate surge seen after COSCO sanctions.
New court documents shed light on a shipboard drug ring.
New data reveals third-quarter ocean schedules still largely intact — a positive sign on cargo bookings.
Ships could be idled as thousands of seafarers refuse contract extensions.
Institutional sellers offset retail buyers of supertanker stocks.
Warning sign for tanker investors as US crude exports begin to reverse course.