Greg Miller
Senior Maritime Reporter
Greg Miller is a senior maritime reporter for Lloyd’s List, based in New York. He is an award-winning journalist who has covered ocean shipping for the past two decades – five years for FreightWaves and American Shipper, and 15 years for Fairplay. He has extensive knowledge of container, crude, products, dry bulk, LNG and LPG markets, as well as shipping finance, regulation and technology.
Prior to his work for Fairplay, he served as senior editor of Cruise Industry News in New York for seven years, and editor in chief of the Virgin Islands Business Journal in St. Thomas for five years. He is a graduate of Cornell University, where he was a columnist for the Cornell Daily Sun.
Latest From Greg Miller
As Hormuz saga twists and turns, crude tanker rates stabilise at lofty levels
The ‘noise’ proliferates amid the Hormuz crisis — yet another pending deal was touted on Thursday — whereas tanker rates provide the ‘signal’. Spot rates indicate that crude tanker shipping has found an equilibrium, one that is generating large amounts of cash for owners
How the Hormuz crisis changed the equation for shipping stocks
If you look at year-on-year gains, shipping shares have done phenomenally well. If you look at performance since the beginning of the Hormuz crisis, returns are minimal. The big exception is BWET, which has left the rest of the shipping field in the dust
The fear was that Trump policies would stifle US imports, yet demand endures
Trump’s tariffs and the war with Iran were predicted to be bad for US goods import demand — a negative for container shipping — but US box volumes have been surprisingly robust
Hormuz crisis still pumping up Panama Canal transits as El Niño threat looms
The future concern over the Panama Canal is all about the weather: the chance of a potentially severe El Niño event and eventual drought restrictions. As of now, the Panama Canal is still booming, courtesy of Hormuz crisis fallout
Importers frontload now to avert higher fuel surcharges and tariff bills later
Peak season has begun early this year as importers seek to avoid potentially higher costs if they wait. The accelerated timing has heightened demand for container shipping, allowing liners to charge higher spot rates
Atlantic aframax and US Gulf MR rates bounce off the bottom after correction
VLCC and suezmax rates are holding relatively firm at very high levels, and MR and aframax rates in some trades posted a strong recovery over the past week after a steep decline in late April and May