BOAT News and Press, SonicShares Global Shipping ETF From 05/28/22

Congestion levels at ports in mainland China have increased between 30-40% since March. High rates on shipping routes departing Asia combined with port delays incentivises carriers returning with empty containers. Governments and others looking at ways to discourage ships operatin...

SBLK reported very strong earnings for Q1 2022 this week. Revenue rose 80%, Net Income rose 376%, EPS rose 378%, and Adjusted EBITDA rose 167%. Management declared a $1.65 quarterly dividend - the trailing yield is 17.56%. For further details see: Star Bulk Carriers: 17%...

In my last two articles on ZIM, I explained why the stock is a buy. ZIM’s 1Q 2022 revenue, adjusted EBITDA, adjusted EBIT, and net profit are higher than in 1Q 2021 and 4Q 2021. With its new lines and new LNG dual-fuel container vessels, ZIM is ready to benefit from the mar...

Capesize market has the most upside potential over the next few months, which will be one of the main drivers for the strength in the dry bulk market in the near term. Ratio between Capesize and Panamax earnings became more than 1.0 times or Capesize rates became higher than Panamax r...

Global Ship Lease reported Q1 earnings with massive improvement year over year. The company's balance sheet is in good shape with interest rates well below inflation. With excess cashflow from great recharterings, the company boosted its dividend by 50% and initiated a buyback. ...

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...