BDRY News and Press, Breakwave Dry Bulk Shipping From 01/12/24

2024-01-12 04:56:00 ET Summary The Red Sea shipping crisis is still growing as almost half of vessels have been rerouted around the Cape of Good Hope in January. This has already more than tripled container rates. Delays and knock-on effects may drag on to the second quarter. ...

2024-01-10 05:43:05 ET Shipping rates continue to rise steeply, while vessels face weekslong delays on account of diversions from the Red Sea around the Horn of Africa to avoid attacks by Iran-backed Houthi rebels. The average shipping costs for 40-foot containers have nearly doubled si...

2024-01-03 22:18:11 ET Summary Small caps are breaking out higher but most sectors are extended. A number of shipping stocks have been steadily building big bases, and a handful have already broken out higher from theirs. The market is heavily positioned for a 2024 recession, ...

On December 28, 2023, ETF Managers Capital LLC, as the sponsor (the “Sponsor”) of ETF Managers Group Commodity Trust I (the “Trust”), entered into an agreement to resign as Sponsor to the Trust and transfer its role as the Sponsor to Amplify Investments LLC (“Am...

2023-12-23 01:48:00 ET Summary We didn't expect a quiet year for trade and supply chains, but before it even started, the vital shipping sector has once again been pushed into the centre of geopolitical conflicts. Companies have started avoiding the Red Sea and this already leads ...

2023-12-22 05:56:00 ET Ocean freight rates have shot up, while shipping companies' valuations are on the rise as more ships avoid the Red Sea after attacks by Yemen's Houthi rebels on vessels disrupted the key global trade route. The total market capitalization of the world's biggest pu...

2023-12-19 03:56:17 ET The U.S. and other countries have formed a naval taskforce to protect commercial vessels traveling though the Red Sea from Houthi rebel attacks. The escalating attacks have damaged ships and threatened crew safety, forcing shipping companies to stop their vessels ...

2023-12-02 13:52:27 ET More on weekly ETF movers YINN: Avoid The 'Snowball' Effect Biden hails progress in Beijing ties; Xi tells CEOs China ready to be U.S. partner LABU, BOIL and DUST among weekly ETF movers Seeking Alpha’s Quant Rating on Direxion D...

2023-11-29 05:24:51 ET More on ZIM Integrated, Maersk ZIM Integrated: In Search Of A Bottom ZIM Integrated Shipping Services: Poor Outlook But Upgrading On Valuation ZIM warns of longer transit times as travel threats force it to re-route vessels Maersk to cu...

2023-11-25 14:19:06 ET More on ETF movers KOLD: A Speculative Short Term Tool UVXY: Potential Middle East War Is A Tail Event (Ratings Upgrade) BOIL And Natural Gas: The Best Way To Profit LABU, BOIL and DUST among weekly ETF movers UVXY, LABU and NAI...