Singapore port is crazy congested! With the arrival of peak shipping season, will the 'big jamming vessels' continue to drive up freight rates?
The congestion at Singapore port highlights the ripple effect of the Red Sea attack on the global economy.
Safe Bulkers, Inc.'s (NYSE:SB) Largest Shareholders Are Retail Investors With 29% Ownership, Insiders Own 27%
A new risk has emerged in global shipping: tens of thousands of American port workers may stage large-scale strikes.
① The global transportation industry is facing a new risk this week: Dockworkers at ports along the east coast and Gulf of Mexico in the USA may hold a large-scale strike. ② If the union initiates the strike in early October, it will coincide with the peak shipping season for US holiday containers and the critical period before the US election, which is likely to have an impact on domestic politics and global trade security in the USA.
Shares of Shipping and Tanker Stocks Are Trading Lower Amid Reported Hopes of an Israel-Hamas Ceasefire, Which Could Ease Red Sea Uncertainty and Pressure Freight Rates.
Shares of Shipping and Tanker Stocks Are Trading Lower Amid Reported Hopes of an Israel-Hamas Ceasefire, Which Could Ease Red Sea Uncertainty and Pressure Freight Rates.
Shipping Company Shares Sink on Possible Slowing of Red Sea Hostilities
Safe Bulkers to Acquire Kamsarmax Dry-Bulk Vessel
Safe Bulkers (SB) said late Monday it agreed to acquire a Japanese Kamsarmax class vessel. The company expects the 82,000 deadweight tonnage vessel to be delivered within Q1 2027. Price: 6.03, Change:
Safe Bulkers: Kamsarmax Class Vessel Scheduled Delivery Date Within 1Q 2027 >SB
Safe Bulkers: Kamsarmax Class Vessel Scheduled Delivery Date Within 1Q 2027 >SB
Safe Bulkers, Inc. Announces Agreement For The Acquisition Of One Japanese Kamsarmax Class Dry-bulk Vessel >SB
Safe Bulkers, Inc. Announces Agreement For The Acquisition Of One Japanese Kamsarmax Class Dry-bulk Vessel >SB
Watching Safe Bulkers; Traders Circulate Stock Picked By Popular Newsletter
Watching Safe Bulkers; Traders Circulate Stock Picked By Popular Newsletter
Shipping stocks are rapidly surging! The crisis in the Red Sea has triggered soaring freight rates, and these concept stocks have already doubled in value this year.
In May, the index for block orders (European line) continued to rise, with a cumulative increase of more than 40% throughout the month, and multiple times refreshing historical highs.
The Red Sea is all to blame for the epic “Big Boat Jams”!
The diversion of merchant shipping caused by the Red Sea crisis is triggering a “butterfly effect” around the world. The average shortest transit time from Asia to the Mediterranean has increased by nearly 40%, leading to congestion at major Asian ports such as Singapore, and a drop in the punctuality rate of container ships. The chain effect is also affecting air freight prices.
Safe Bulkers Elevates Shipping Standards
Safe Bulkers Unveils 2023 Sustainability Commitments
Safe Bulkers, Inc. Announces Availability of 2023 Sustainability Report
MONACO, May 30, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the "Company") (NYSE:SB), an international provider of marine drybulk transportation services, announced today that the Company's 2023 Sustainability Report
Recovery in global commodity trade pushes up shipping charges and resurgence of tight supply chains
The catalyst for the month-long rise in sea freight rates came more from concern than optimism, including concerns about Asian port congestion, North American labor strikes that could hinder port or rail services, and heightened geopolitical tension.
Safe Bulkers (NYSE:SB) Is Experiencing Growth In Returns On Capital
Shipping revival? I don't believe Oma!
Damo believes that judging from the relationship between supply and demand, the Red Sea crisis only delayed the arrival of a downward cycle in the shipping industry. Once the disruptions are eliminated, the industry may return to a cyclical slump.
Horizon Technology Finance Corporation, BRT Realty Trust, Another 6 Companies Have A High Estimated Dividend Yield
Horizon Technology Finance Corporation (HRZN), BRT Realty Trust (BRT), Atlantic Union Bankshares Corporation (AUB) have the highest dividend yield stocks on this list.
Form 144 | Safe Bulkers(SB.US) Director Proposes to Sell 281.08K in Common Stocks
SEC FILLINGS DISCLOSED/ May 20, $Safe Bulkers(SB.US)$ Director Ole Wikborg intends to sell 49,837 shares of its common stock on May 20, with a total market value of approximately $281.08K. Source:
Form 144 | Safe Bulkers(SB.US) Director Proposes to Sell 619.09K in Common Stocks
SEC FILLINGS DISCLOSED/ May 20, $Safe Bulkers(SB.US)$ Director Ole Wikborg intends to sell 109.77K shares of its common stock on May 20, with a total market value of approximately $619.09K. Source: