The history of ocean shipping is replete with predictions for booms that never came to pass. There are also many cases in which major turns in shipping cycles were predicted and actually ha… Read More

Russia — one of the world’s top energy providers — is mired in war. The OPEC cartel is cutting production. And yet, oil prices continue to tumble, weighed by global rec… Read More

Listed tanker owners are raking in profits and doling out hefty dividends. The tanker orderbook, despite a flurry of recent contracts, is virtually barren through 2025. Yet tanker share pri… Read More

There have been two historic shipping booms since the turn of the century. Could a third be around the corner? The first, in 2003-2008, was driven by a surge in Chinese demand as that co… Read More

Bukkry #Shipping #Stocks #bon #voyage #continue The shipping sector was and continues to be one of the few sectors that benefits enormously from the current Russia-Ukraine war… Read More

European Union and G-7 sanctions on Russian crude exports kicked in Dec. 5, and contrary to predictions, crude tanker rates didn’t spike following trade disruptions. They sank. San… Read More

Fossil-fuel shipping is going from strength to strength and shows no signs of peaking. Rates for some very large gas carriers (VLGCs) have now topped $100,000 per day. Liquified natural gas… Read More

Source: Ron Struthers  (11/29/22)  Expert Ron Struthers believes consumers are on an unsustainable path of wracking up credit card debt, and it is only a matter of when the e… Read More

Source: Ron Struthers  (10/7/22) Expert Ron Struthers believes TC Energy is a well-run pipeline company as it is yielding about 6.5% and has increased its dividend every year sinc… Read More

By Keith Wallis Sept 1 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes continue to sink on a glut of available tonnage as owners wait for supply di… Read More

The Dow jumped 829 points Friday on shockingly high U.S. jobs numbers. Even in the topsy-turvy world of tanker stocks, where good news can often be bad news, equities ended green across the… Read More

U.S. sanctions had a huge impact on crude-tanker supply and spot rates in 2019, when the tankers of China’s COSCO (Dalian) were sidelined after carrying Iranian crude. Will it happen… Read More

Europeans and Americans are getting back to work. There are more cars on the roads. Saudi Arabia and other oil producers are hitting the brakes on output. The price of crude oil has doubled… Read More

By Angelina Rascouet (Bloomberg) — Crude oil in floating storage is declining, showing that the market is rebalancing, OPEC Secretary-General Mohammad Barkindo said. Crude in tankers h… Read More

Economic growth has accelerated in Europe, Asia and the Americas since mid-2016, and the IMF now expects the global GDP growth rate to raise slightly in 2018 to reach 3.7%, up from 3.6% in 2… Read More

International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 1.1% in 2016. This compares with the 2.4% ave… Read More

   Scrip Code: 533200 / TALWALKARSCMP:  Rs. 190.90; Market Cap: Rs. 567.07 Cr; 52 Week High/Low: Rs. 390.50 / Rs. 181.00;Total Shares: 2,97,04,856 shares;… Read More