If you’re a shipping company that uses a Chinese leasing structure to finance your fleet but otherwise has no ties to China, what are you to do under the U.S. Trade Representative’s proposed measures?

The shipping industry’s core purpose is to facilitate global trade of commodities. While freight rates are a revenue item for shipowners, they are an expense item for commodity movers. 

By exempting U.S.-flagged ships from carbon levies and bolstering domestic subsidies, Washington is sending a clear one: the U.S. fleet is open for business again.

Let’s say you ordered a pair of newbuilding dual-fuel Very Large Crude Carriers (VLCCs). How would you fund their construction costs?

For those looking to bet on the tanker market, going long the TD3C FFAs presents an interesting opportunity to take the same stance as an informed market player like PetroChina–but at a discounted entry price.

While AI dominates many companies’ earnings report discussions, seasonality is the leading profit-driving topic for publicly listed VLCC players.

In today’s broad bull market for shipping, most segments are at cyclically high levels, so it’s difficult to identify attractive entry points to invest. A needle in the haystack: VLCC charter rates.