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 • September 9, 2022

Shipping’s China syndrome: Demand sinks across multiple cargo markets

Shipping volumes are weakening in and out of China. Is this a temporary pullback or a sign of more serious trouble ahead?

FreightWaves • September 7, 2022

Cruel summer for container, dry bulk stocks as sun shines on tankers

Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.

FreightWaves • September 1, 2022

Tankers could profit if US restricts gasoline and diesel exports

If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.

FreightWaves • August 25, 2022

Will energy transition lead to boom or bust for crude tankers?

Just two supertankers have been ordered in the past 14 months, raising the risk of a future shortfall in oil transport capacity.

FreightWaves • August 22, 2022

The sinking price of ship fuel: Near prewar levels after summer plunge

The cost of marine fuels is down sharply from the wartime peak, except for ‘clean’ LNG, which is getting even more expensive.

FreightWaves • August 15, 2022

Five years on Wall Street: Shipping’s exits, arrivals, whales and minnows

The latest shipping company poised to delist has a market cap of $3.9 billion. The latest new entrant’s market cap is under $20 million.

FreightWaves • August 10, 2022

Tanker shipping stocks pull away from the pack, hitting fresh highs

Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.

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 • August 3, 2022

Saber-rattling in Taiwan Strait stokes new supply chain threat

Chinese military exercises in the Taiwan Strait will delay shipments. Further escalation could have dramatic supply chain effects.

FreightWaves • July 26, 2022

How much money do shipping CEOs make? Here’s their 2021 pay info

Last year was historically strong for some maritime businesses, terrible for others. No matter what the sector, maritime CEOs made millions.

FreightWaves • July 21, 2022

Ships that ‘scrub’ emissions earn twice as much as those that don’t

Exhaust gas scrubbers are allowing tankers, bulkers and container ships to keep burning dirtier — and much cheaper — marine fuel.

FreightWaves • July 18, 2022

US exports of crude oil and diesel are climbing even higher

US exports of crude oil and diesel are climbing even higher

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 22, 2022

Tankers carrying diesel and gasoline rake in cash amid pain at the pump

The first half has been phenomenal for product tankers. How much of shipping upside is due to the war?

FreightWaves • June 13, 2022

Batten down the hatches: Shipping stocks ‘unable to escape the torrent’

Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.

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.