FreightWaves • January 27, 2023 Sanctions effect begins: Crude tankers forced onto longer voyages Russian crude restrictions are having the predicted effect on tanker trades, soaking up more vessel capacity as sailing distance lengthens.
FreightWaves • January 10, 2023 Will sanctions on Russian diesel pay off for product tankers? Sanctions on Russian crude exports have yet to boost tanker rates. Some question whether sanctions on Russian diesel will either.
FreightWaves • January 3, 2023 Crude tanker rates down double digits after Russia sanctions debut The predicted boost to tanker rates from Russian crude disruptions has yet to materialize. Instead, rates have declined.
FreightWaves • December 1, 2022 Could Russia sanctions work in practice even if they fail on paper? Even if no oil moves under price caps, Russian exports could face deep discounts and continue to flow via “shadow tankers.”
FreightWaves • November 21, 2022 What do crazy $500,000-per-day rates say about shipping demand? Stratospheric LNG shipping rates offer a lesson on the do’s and don’ts of measuring earnings momentum.
FreightWaves • November 19, 2022 Chaos theory: How tankers thrive amid energy crisis and war Global energy trades face even more tumult ahead. “This could get crazy,” says Scorpio Tankers’ Robert Bugbee.
FreightWaves • November 7, 2022 Energy shipping boom: Propane tankers breach $100,000 a day Some VLGCs carrying propane and VLCCs carrying crude have joined LNG carriers in shipping’s six-figures-per-day club
FreightWaves • November 3, 2022 Crude tanker owners see dollar signs as Russia ban draws near Europe must replace all seaborne crude imports from Russia within the next few weeks. Crude tanker owners stand to gain.
FreightWaves • November 1, 2022 Sanctions could lift already booming product tankers to new heights Product-tanker share prices are up triple digits year to date as investors position for sanctions upside.
FreightWaves • October 26, 2022 Sanctions are about to slam Russia’s still-booming oil export trade The “shadow fleet” is not large enough to save Russian oil exports from Western sanctions, according to multiple analysts.
FreightWaves • October 3, 2022 LNG shipping rates ‘shooting for the stars’ at $500,000 per day With war raging and pipelines sabotaged, shippers are paying astronomical sums to transport LNG across the oceans.
FreightWaves • September 27, 2022 Russian oil exports are still booming and EU is still reliant on Russia The EU is going to ban imports of Russian crude and petroleum products. It still has a long way to go to find replacement supplies.
FreightWaves • September 26, 2022 How Hungary could stymie G-7 plan to cap Russia’s wartime oil windfall The G-7 plan to squeeze Russia’s oil profits hinges on the EU revising its own sanctions — and those changes face opposition.
FreightWaves • September 15, 2022 G7's grand plan to squeeze Russia oil windfall hinges on tanker shipping “Right now, shipping companies around the world are looking at this and scratching their heads,” says sanctions expert Bruce Paulsen.
FreightWaves • September 13, 2022 LNG shipping rates top $100,000/day, oil tanker rates still rising Tanker stocks are proving to be a shelter from the Wall Street storm as demand grows for ships that transport oil and natural gas.
FreightWaves • August 24, 2022 Price of LNG goes stratospheric. Will LNG shipping rates follow? The Russia-Ukraine war caused demand for LNG to surge. Owners of LNG carriers are in prime position to profit this winter.
FreightWaves • August 5, 2022 War effect on crude trade: Long-lasting and just beginning It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
FreightWaves • July 26, 2022 Coal far from dead: Global trade thrives, war reroutes shipping Fallout from the Ukraine-Russia war and concerns over power supply in Europe and Asia support demand for seaborne coal.
FreightWaves • July 13, 2022 In topsy-turvy commodity trades, small ships outperform big ships From crude tankers to product carriers to dry cargo ships, the largest vessels are earning less than their smaller counterparts.
FreightWaves • June 7, 2022 How new EU sanctions on Russia will shake up global energy trade EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.