July 18, 2023
Via: FreightWavesShipping stocks have a habit of defying expectations. At the beginning of 2023, sentiment was ebullient on crude tanker and product tanker shares. The word “supercycle” was bandied about. Global fuel demand was bouncing back from COVID, sanctions on Russia […]
May 9, 2022
Via: FreightWavesMonday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China’s economy, oil demand, Fed tightening and inflation added up […]
December 7, 2021
Via: FreightWavesShipping stocks have never been for the faint of heart, and they’ve been on a particularly wild ride in the COVID era. There have been steep plunges and historic surges along the way, with unexpected twists and turns. What could […]
February 10, 2021
Via: FreightWavesFor container lines, it just keeps getting better and better. Demand is hitting new highs with every passing quarter. For besieged cargo shippers struggling with overwhelmed supply chains, it just keeps getting worse and worse. Their question is: When will […]