Lloyd's List • June 24, 2025

VLCC rates shoot higher but tanker stocks retreat after restrained Iranian response

Spot rates surging but tanker equities tell a very different story

Lloyd's List • June 20, 2025

Tanker execs lay out Strait of Hormuz scenarios as spot rates double

Strait of Hormuz situation could end up being either very good or very bad for tanker demand

Lloyd's List • May 1, 2025

New version of US SHIPS Act targets owners ordering Chinese newbuilds

Non-Chinese owners ordering at China’s CSSC would face US port fees if bill passes

Lloyd's List • April 2, 2025

‘Thermonuclear’ port fee-tariff combo: Shipping ‘disaster’ or will rates go ‘ballistic’?

No one really knows how this will play out for rates, although shipowners predict they will ultimately profit

Lloyd's List • March 25, 2025

Crunch time for US port fee threat as final Washington hearings begin

What happens next will be a litmus test of practicality versus ideology

Lloyd's List • March 12, 2025

US could face trade ‘apocalypse’ if Trump port fee plan isn’t killed

Business leaders warn of potentially catastrophic effects to US import costs, US export competitiveness, economy

Lloyd's List • February 23, 2025

Sweeping US plan to target Chinese ships would snare many non-Chinese operators

The US plans to charge up to $1.5m for every port call by a Chinese-built ship

Lloyd's List • February 21, 2025

Trump administration official vows to tax foreign-flag ships calling at US ports

US source income is generally exempt from tax for foreign shipowners, but that could change

Lloyd's List • February 19, 2025

The Daily View: Uncertainty is bad for demand growth

The geopolitical effect on rates is always an educated guess, but we now have a whole new level of guessing.

Lloyd's List • February 3, 2025

Trump trade war 2.0: What are the pros and cons for shipping?

Trump’s new trade war offers both positives and negatives for ocean shipping

Lloyd's List • January 29, 2025

Why would US invade Panama? US Senate hearing gives rationale

Panama Canal route appears increasingly in jeopardy from US aggression

Lloyd's List • January 28, 2025

Red Sea reopening could be less dire than feared for product tankers

Tonne-mile upside from Cape of Good Hope reroutings has already dissipated, limiting product tanker downside from a Red Sea reopening

Lloyd's List • January 22, 2025

VLCC spot rates sink 11% despite US sanctions on Russian cargoes

Tanker charterers not panicking; high-priced deals on subs fail

Lloyd's List • January 15, 2025

VLCC spot rates surge higher as tanker stock rally takes a breather

Baltic VLCC TCE index gains another 33% on Tuesday to reach $47,916 per day

Lloyd's List • January 10, 2025

VLCC outlook: Sanctions, ‘pond full of black swans’ and China downside risk

Hope is rising that sanctions will force more crude cargoes to mainstream VLCCs in 2025

Lloyd's List • December 18, 2024

The Daily View: It’s the demand, stupid

IN 1992, US political strategist James Carville coined the phrase “It’s the economy, stupid”. A variant for global bulk commodity shipping: “It’s the demand, stupid.”

Lloyd's List • December 17, 2024

Commodity shipping rates sink to new 2024 lows in ‘winter of discontent’

Tankers, bulkers and LNG carriers simultaneously and counter-seasonally slump

Lloyd's List • December 12, 2024

If stocks keep sinking, should owners keep buying back their own shares?

Listed owners pile more cash into buybacks as share prices continue to slump

Lloyd's List • December 7, 2024

What went wrong for VLCCs in 2024 – and what could go right in 2025

VLCC rates expected to improve next year, driven by higher non-Opec production

Lloyd's List • December 4, 2024

The rise and fall of bulk shipping stocks — and the rise and rise of container stocks

Tanker, dry bulk and gas carrier shares are down year to date, whereas container shares have outpaced the broader stock market