FreightWaves • December 6, 2023

America’s energy boom: Crude exports soar to record high

U.S. crude exports have never been higher. Overseas buyers are incentivizing American producers to pump more “black gold.”

FreightWaves • December 1, 2023

Another Panama Canal red flag: Spiking product tanker rates

U.S. diesel exports to South America’s west coast are heavily exposed to Panama Canal delays. Tanker rates have skyrocketed.

FreightWaves • November 30, 2023

No reservation at Panama Canal? Prepare for a long wait

As the Panama Canal scales back on reservation slots, more ships without reservations wait longer to get through.

FreightWaves • November 27, 2023

Zim container ship diverts as threat to Israel-linked vessels mounts

There has been a surge of attacks and threats targeting Israel-linked ships, including one incident where the U.S. Navy came to the rescue.

FreightWaves • November 21, 2023

Yet another shipping 'chokepoint' risk as Yemen rebels attack

Panama Canal restrictions force more ships to transit the Bab el-Mandeb Strait off Yemen, where they face a hijacking risk.

FreightWaves • November 17, 2023

China and global trade: Why stimulus is MIA and risks are rising

The era of rapid Chinese growth and large-scale government intervention is over, says China Beige Book CEO Leland Miller.

FreightWaves • November 1, 2023

Shipping braces for impact as Panama Canal slashes capacity

The water crisis at the Panama Canal is getting worse and will force more ships to take much longer routes.

FreightWaves • October 16, 2023

How Middle East war could impact global LNG, LPG shipping

A leading exec in liquefied gas shipping gives his take on war in the Middle East, market fundamentals and shipping stocks.

FreightWaves • October 12, 2023

US pulls trigger on Russian sanctions, blacklists 2 crude tankers

The volume of Russian crude exports is growing and the price is rising, spurring the U.S. and its partners to begin sanctions enforcement.

FreightWaves • October 11, 2023

War in Israel: The new geopolitical flashpoint for ocean shipping

Geopolitics has always been a key driver of global shipping markets. How could the the war in Israel affect rates?

FreightWaves • October 5, 2023

Tanker shipping’s ‘odd couple’ prepares for divorce

Tanker giant Frontline is poised to dramatically expand its fleet, while Euronav is on a path to privatization.

FreightWaves • October 4, 2023

Tide turning against 'hyper-dilutive' shipping stock sales

Investors have been burned for years by dilutive share offerings by micro-cap shipowners. Backlash is building.

FreightWaves • September 22, 2023

How will Russian ban on diesel exports impact global energy trade?

Diesel is an essential fuel for the global economy. The world’s second-largest seaborne supplier, Russia, just halted exports.

FreightWaves • September 6, 2023

Tanker shipping takes another hit from Saudi, Russian crude cuts

This was supposed to be a banner year for crude tankers, but output cuts and the Russian price cap are keeping rates under pressure.

FreightWaves • September 1, 2023

How have shipping shares performed versus broader stock market?

Have shipping stocks been a good bet? Here’s a look at their performance year to date and versus pre-COVID.

FreightWaves • August 30, 2023

Panama Canal restrictions are rerouting LPG shipping flows

Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.

FreightWaves • August 24, 2023

How much money do shipping CEOs make? Here’s their 2022 pay info

Average CEO compensation rose as ocean shipping company earnings increased, fueled in many cases by share-based compensation.

FreightWaves • August 23, 2023

Shipping ‘traffic jam’ at Panama Canal: Why it’s not a crisis (yet)

Panama’s drought poses a serious challenge to the country’s canal operations, but fallout to global trade remains limited.

FreightWaves • August 15, 2023

Sanctions on Russian crude and diesel exports are failing

Price caps have been breached, discounts on Russian exports are dwindling, and more money is flowing to Russian coffers.

FreightWaves • August 2, 2023

As propane exports break records, LPG shipping stock hits new high

Asian demand for propane continues to build, as does US supply, equating to booming business for LPG tanker owners in the middle.