BOAT News and Press, SonicShares Global Shipping ETF From 06/07/22

IHS Markit forecasts dry bulk rates to remain stable in the coming years with limited supply and stable growth in trade—more bullish in the near term and bearish for medium term. Dry bulk demand growth is expected to decrease to 0.2% in 2022 and settle at 1.7% in 2023, compared...

The fundamentals for lumber, like a lot of commodities, had been favorable. Supply bottlenecks and persisting pandemic plight would limit how much production could make it to market, inelasticity taken for granted as somewhat permanent/durable, thereby constantly susceptible to what other...

With the war in Ukraine and China’s zero-Covid policy, delays and prolonged supply bottlenecks are defining this year’s world trade outlook. Yes, demand is softer, notably from China but the backlog is such that supply chains will remain strained for the rest of the year...

Plans to relocate manufacturing operations to a second or third country could prove costly and complex in face of realities of the pandemic era. Reshoring of operations needs to consider a variety of challenges from infrastructure to availability of skilled workforce and rising wages ...

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