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.