FreightWaves • May 9, 2022 Shipping stocks take another beating, sinking by double digits Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.
FreightWaves • May 2, 2022 How war, shipping boom, China lockdowns impact Panama Canal Container-ship transits of the Panama Canal are up as liners favor the East Coast. LNG transits are down as U.S. gas heads to Europe.
FreightWaves • April 14, 2022 Commodity shipping stocks are trouncing Dow transport average Tanker, bulker and LNG shipping stocks rise as domestic freight and container stocks face pressure.
FreightWaves • March 25, 2022 Biden-EU energy pact: LNG shipping game changer or wartime hype? U.S. LNG cargoes were already flooding toward Europe months before the new deal. Real progress seems years away.
FreightWaves • March 21, 2022 Armada carrying US LNG heads to Europe, but it won’t be enough Ship-position data shows a fleet of gas carriers en route to Europe amid scramble to bolster energy supply.
FreightWaves • January 24, 2022 How Russian invasion of Ukraine could impact ocean shipping An attack on Ukraine could hike costs for shipowners and cargo shippers across the globe.
FreightWaves • January 18, 2022 Tanker, bulker, LNG rates drop. Container rates hold near top For bulk commodity shipping, a rough start to the year. For container shipping, the profit bonanza continues.
FreightWaves • December 21, 2021 LNG shipping’s wild ride: Record, plunge, new record, new plunge Spot rates topped $300,000/day, sank to teens, rose to over $360,000, now back near $100,000.
FreightWaves • October 18, 2021 First containers, then dry bulk, now LNG shipping rates are spiking The boom in ocean shipping is spreading to other segments. Spot LNG shipping rates just topped $150,000 per day.
FreightWaves • October 15, 2021 As shipping prospects rise, field of shipping stocks shrinks More public shipping companies go private as IPOs remain rare. Here's why exits outpace new listings.
FreightWaves • October 4, 2021 Despite exodus of empty containers, US exports are hitting new highs Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.
FreightWaves • September 27, 2021 Power crisis deepens in Asia and Europe: What it means to shipping As some Chinese factories go dark, more delays for container imports but bullish sign for coal, LNG and oil shipping.
FreightWaves • September 13, 2021 Shipping stocks hit fresh highs amid COVID-era supply chain chaos Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
FreightWaves • February 22, 2021 Another one bites the dust: LNG shipping’s GasLog to delist One of the largest players in public LNG shipping, GasLog Ltd., plans to give up its NYSE listing. Will more shipowners opt to go private?
FreightWaves • January 11, 2021 New world record set for shipping rates: $350,000 per day An LNG ship is now earning more than any other vessel in history. Extreme weather in Asia has propelled LNG rates into the stratosphere.
FreightWaves • December 11, 2020 LPG shipping rates hit 5-year high, topping $100,000 a day It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
FreightWaves • December 2, 2020 How the Panama Canal traffic jam is affecting ocean shipping Panama Canal congestion is not impeding transits of container ships but it is pumping up spot rates for LNG and LPG carriers.
FreightWaves • November 2, 2020 LNG shipping rates just hit $125,000 per day Positive COVID recovery signal: LNG shipping is behaving normally again, with a typical seasonal spike.
FreightWaves • October 15, 2020 How Panama Canal navigated COVID, drought and trade war Cargo mix and larger locks kept Panama Canal volumes rising despite headwinds.
FreightWaves • September 21, 2020 COVID fears pummel already battered shipping stocks Ocean shipping stocks remain mired in a sea of red. A bad year is getting worse.