Freight futures mixed as VLCCs rise and Suezmax slips
Freight futures are unchanged for dry bulk Capesize and Panamax contracts, while tanker VLCCs are up about 5% and Suezmax is down about 1%.
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BWET ETF surges on tanker shipping gains amid US-Iran war
Breakwave Tanker Shipping ETF (BWET) has jumped 1,600% this year as tanker shipping prices rise amid the ongoing US-Iran war, while SPY and QQQ are up 14% and 19%, respectively.
Freight Futures: Tankers Rise, Dry Bulk Falls
Tanker freight futures rise, dry bulk falls
Dry Bulk Capesize Rises 2%
Dry bulk freight rates increase
Freight Futures Rise
Dry bulk and tanker rates change
Freight Futures: Tankers Rise
Tanker freight futures rise
3 Shipping And Insurance Stocks To Watch As Hormuz Tensions Rise
When the Middle East conflict spikes, most investors rush to oil stocks and crude futures. That reaction makes sense, but it can miss a trade that often becomes just as important when geopolitical risk hits a major shipping chokepoint: the companies that can make more money when moving oil become slower, riskier, and p