BOAT News and Press, SonicShares Global Shipping ETF From 05/06/22

Q1-2022 revenues are up 118% year-on-year. The stock is up 50% year-to-date. Oil tanker market expected to grow in H2-2022. For further details see: International Seaways Still Has A Strong Potential Upside Ahead

The effects of COVID-19 were truly felt well into 2020 both in Australia and across the region. Major projects were cancelled or deferred with companies reducing their workforce as energy demand nosedived and prices were battered. The Latin America outlook for 2022 is a positive one a...

Global growth in container shipping is expected to slow to 3% in 2022. Disruption in supply chains should persist amid the war in Ukraine and lockdowns in Shanghai. Consequently, squeezed capacity and elevated tariffs won’t be over before 2023. For further details see...

The shipping sector faces another extraordinary year, with ongoing supply chain frictions and the reshaping of routes in dry and liquid bulk markets following the war in Ukraine. Trade growth will be limited, but longer distances are a mitigating note and LNG shipping will benefit. ...

Logistics companies are beneficiaries of ongoing supply chain issues. Throughout the pandemic, supply chains were restricted as factory production faltered under lockdowns and quarantines. Food shortages and high energy prices are two immediate areas of concern as the long-term gl...

US inflation remains elevated and appears on track to remain so for the immediate future. The Producer Price Index for All Commodities has peaked on a year-over-year basis. The sharp increase in shipping costs over the past year captures the supply-chain disruptions that have been...

Oil prices have risen sharply over the past year, pushing up fuel costs for heavy-fuel consumers, and fuel prices are expected to stay high this year. Airlines are highly sensitive to fuel price increases. Aircraft consume an average of 3-3.5 litres per 100 passenger-kilometre. Wi...

MIDDLETOWN, Del., Jan. 10, 2022 (GLOBE NEWSWIRE) -- The SonicShares™ Global Shipping ETF (NYSE Arca: BOAT) (the “Fund”) recently paid a quarterly distribution of $0.3520 per share on December 31, 2021, to shareholders of record as of the close of business December 2...

Supply-chain disruptions don't look like they're going away anytime soon. Easing? Perhaps, but that doesn't/won't equate to disappearing. The number of anchored ships at major global ports continues to be extremely high; ports are filled with ships and yards are filled with containers...

October 4th saw a massive selloff in the shipping industry. This seems to have primarily been in line with broader market trends and short term fluctuations in container rates. Given the season nature of the rate selloff and insulation of many companies from these fluctuations, th...