stock market

Shipping

Shipping Stocks Surge on Strike at Houthis

By Farah Elbahrawy (Bloomberg) Shipping and energy stocks extended gains on Friday, after the US and UK launched airstrikes on Houthi targets in Yemen,

News

China Approves Trading of Container Freight Index Futures on Shanghai Exchange

SINGAPORE, Aug 11 (Reuters) – China‘s securities regulator has approved trading of Shanghai container freight index futures on the

Shipping

Shipping Hedge Fund Says Industry Set for Another Boom Year

By Asad Zulfiqar (Bloomberg) — A shipping hedge fund founded by a one-time ally of oil tanker billionaire John Fredriksen says the industry is set for

Shipping

Freightos to Go Public in a Rare Pandemic-Era Move for Shipping

By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry

Ports

Abu Dhabi Ports Stock Surges After $1.1 Billion Share Sale

By Julia Fioretti and Verity Ratcliffe (Bloomberg) — Abu Dhabi Ports rose as much as 17% on its trading debut after a 4 billion dirham ($1.1 billion)

Environment

New ‘Green’ Technology Shipping ETF Gives Investors Access to Maritime’s Decarbonization Transition

The founder of the stock market’s only freight futures exchange-traded fund (ETF) focused exclusively on the dry bulk shipping sector has launched the

Finance

World’s Shippers Are Earning The Most Money Since 2008

By Alex Longley (Bloomberg) The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global