Michael Webber

Containers have wrestled the ocean-shipping headlines away from tankers and bulkers as stratospheric China-to-California box rates approach $4,000 per forty-foot equivalent unit (FEU). Container shipping, declares a glowing new report by Fearnleys Securities, is "The Unsung Hero." How can...

The tanker sector refuses to follow its script. Rates were supposed to keep on sinking into the summer. They didn't. Rates for very large crude carriers (VLCCs; tankers that carry 2 million barrels of crude oil) have jumped well off recent lows, to nearly double last year's rate. VLCC spot rates...

The tanker group as a whole is "uniquely positioned" to take advantage of a likely increase in oil production and potentially significant IMO 2020 tailwinds, according to Wells Fargo. The Analyst Wells Fargo's Michael Webber upgraded the following stocks DHT Holdings Inc (NYSE: DHT)...

Kirby Corporation (NYSE: KEX), a tank barge operator that transports bulk liquid products throughout the U.S., could see its stock benefit in 2018 from even a modest cyclical recovery, according to Wall Street's newest bull. The Analyst Wells Fargo's Michael Webber upgraded Kirby's...