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