Cruise Line Stocks Could “Fall To Zero” Says Banker
by John Konrad (gCaptain) While many shipping stocks have seen record profits this year, the stocks of cruise lines are among the biggest losers in the S&P
by John Konrad (gCaptain) While many shipping stocks have seen record profits this year, the stocks of cruise lines are among the biggest losers in the S&P
by John Konrad (gCaptain) Shares of product tankers are holding up well despite outsized gains in 2022 and an overall fall in the shipping market over the past
The stock market’s indices are all down- but the tanker stocks are up. What’s with that? Conventional wisdom has it that “disruption”, however you
When listed companies host investor conference calls, the best information usually comes out from the seemingly perfunctory “Q and A” sessions- when equity
Wall Street investors are seeing an Initial Public Offering (IPO) that may be directed at a shipping investment. “May be directed” is not a typo. A new
Equity analysts covering maritime companies can offer detailed analytics into individual company historical performance and future prospects, but can also
By Emily Graffeo (Bloomberg) — ProShares is preparing a new ETF to exploit chaos across global supply chains even as bottlenecks show signs of easing
On this week’s episode of What’s Going on With Shipping, gCaptain contributor and YouTube host Sal Mercogliano is joined by maritime stock expert
Shares of Overseas Shipholding ($OSG) fell over 20 percent to just $2.13 in early morning trading after Saltchuk Holdings ended discussions on a potential
By Jonathan Levin (Bloomberg) Cruise shares slipped in after-market trading late Friday after the Centers for Disease Control and Prevention said high-risk
By Sam Potter (Bloomberg) — An expensive ETF riding both the commodity boom and the supply-chain chaos is shedding millions in assets, a sign of
Robert Bugbee, the well-known President of NYSE-listed Scorpio Tankers (NYSE: STNG), spent another $465,000 on STNG call options on Wednesday, bringing his
by Nikolaj Skydsgaard (Reuters) The world’s biggest container shipping company, A.P. Moller-Maersk, on Monday lifted its full-year earnings outlook after
Investment company MRMP-Managers, LLC has sent a letter to NYSE-listed Navios Maritime Partners (NMM) and its CEO Angeliki Frangou detailing concerns regarding
U.S.-based Eagle Bulk Shipping (NASDAQ: EGLE) has announced a underwritten secondary public offering of $1.5 million shares of its common stock. The shares are
By Allison McNeely (Bloomberg) — Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in its stock
By Gavin van Marle (The Loadstar) Israeli container shipping carrier Zim, recently listed on the New York Stock Exchange, rewarded investors yesterday,
A new SEC filing shows that the Scion Asset Management, the private investment firm founded and led by famed investor Dr. Michael Burry, purchased about $10.5
By Stephen Stapczynski (Bloomberg) As soon as retail investor Calvin Froedge heard that a massive container vessel was stuck in the Suez Canal, he pulled his
By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered
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