FreightWaves • 16th January 2021 Ship fuel prices jump, spread widens. Is ‘scrubber’ revival nigh? Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
FreightWaves • 11th January 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 • 11th January 2021 Don’t expect rate relief from container-ship order spike Even after a wave of just-ordered container ships is delivered by yards, cargo shippers are unlikely to see lower freight rates.
FreightWaves • 7th January 2021 ‘Blue wave’ stimulus could spur import surge on top of surge A Biden administration teamed with a Democratic Congress should lead to even more stimulus, a recipe for even more container imports.
FreightWaves • 7th January 2021 Tanker recovery still distant prospect after Saudi surprise How surprise Saudi production cuts and escalating Mideast tensions could impact timing of crude-tanker rate recovery.
FreightWaves • 3rd January 2021 Container line ZIM goes to Wall Street: Will IPO stars align? Successful IPO by ZIM would offer investors direct exposure to trans-Pacific freight-rate craziness, but not without risks from the debt load.
FreightWaves • 29th December 2020 Top stories of 2020: Inside ocean shipping’s wild ride A look back at 2020's shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
FreightWaves • 22nd December 2020 Shipping IPO prospects slim as capital-market access plunges Chances slim for 2021 shipping equity offerings, but a container-liner IPO prospect remains on the table.
FreightWaves • 11th December 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 • 6th December 2020 Q3 stock recap: Ocean shipping’s winners and losers Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
FreightWaves • 1st December 2020 Wall Street’s incredible shrinking shipping stocks The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
FreightWaves • 25th November 2020 Frontline's disappearing dividend ‘speaks volumes’ on tanker fears Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover … and now newbuild chatter.
FreightWaves • 16th November 2020 Tanker shipping at risk of rare winter hibernation “Winter is Coming” is a warning in House Stark and (usually) a blessing for tankers. But there's nothing usual about 2020.
FreightWaves • 9th November 2020 How vaccine and Biden victory will impact shipping The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.
FreightWaves • 5th November 2020 Crude vs. product tanker debate: Advantage product tankers? Euronav exec curses crude-tanker market (literally). Scorpio exec pitches product-tanker promise and throws shade at crude side.
FreightWaves • 4th November 2020 2016 vote sparked fireworks for shipping stocks. Repeat in 2020? A look back at the days after the 2016 presidential election and the strange case of “The Donald Trump Shipping Stock Boom.”
FreightWaves • 25th October 2020 Mounting evidence that container spike could last into 2021 More recovery signals: container lease pricing up over 50% versus second quarter, new container prices up 40% year-to-date.
FreightWaves • 21st October 2020 Why crude-tanker collapse could be long and painful New Kpler data reveals slow pace of floating-storage unwind and steady fall in crude-tanker utilization.
FreightWaves • 16th October 2020 ‘Exit Strategy’: Clock is ticking for swashbuckling shipowners Sequel to “The Shipping Man” asks whether ESG will kill the old-school style of traditional shipowners.
FreightWaves • 14th October 2020 Trump vs. Biden: How the winner could affect ocean shipping A “blue sweep” win for Democrats could be good for container ships, bad for tankers.
