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 23, 2023

Rough start to 2023 for dry bulk, tanker, gas, container shipping

Are falling commodity shipping spot rates the result of normal seasonality or a symptom of global economic malaise?

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 22, 2022

New shipping regulation to combat global warming is under fire

Backers of a shipping regulation that begins Jan. 1 believe it will reduce carbon emissions. Critics warn it could backfire and increase them.

FreightWaves • December 19, 2022

2022’s top shipping stories: Container boom ends, war fuels tankers

Just as the pandemic wound down, another market-altering event for shipping — the Ukraine-Russia war — ramped up.

FreightWaves • December 8, 2022

China’s surprise COVID pivot offers new hope to shipping markets

Faster easing of China’s COVID restrictions could provide eventual support for container and dry bulk markets and a more immediate boost for tankers.

FreightWaves • December 5, 2022

Price of ship fuel falling even as Russia-Ukraine war rages on

Declining ship fuel prices equate to savings for containerized cargo shippers and lower costs for tanker and bulker owners.

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 28, 2022

Shipping stocks in the crosshairs as China fears mount

Hopes that China will relax its zero-COVID policy are fading, raising concerns about shipping volume fallout.

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 19, 2022

Shifting tides: The fall of container shipping stocks, the rise of tankers

As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.

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.