FreightWaves • January 27, 2023

Sanctions effect begins: Crude tankers forced onto longer voyages

Russian crude restrictions are having the predicted effect on tanker trades, soaking up more vessel capacity as sailing distance lengthens.

FreightWaves • January 26, 2023

How will Maersk-MSC split redraw container shipping landscape?

Speculation is swirling on how the end of a global container shipping alliance will affect ocean carriers and cargo shippers

FreightWaves • January 25, 2023

Container shipping shake-up: Maersk, MSC terminating 2M in 2025

Shipping services around the globe will be reconfigured after the top two carriers end their vessel-sharing agreement.

FreightWaves • January 23, 2023

Rough start to 2023 for dry bulk, tanker, gas, container shipping

Are falling commodity shipping spot rates the result of normal seasonality or a symptom of global economic malaise?

FreightWaves • January 20, 2023

East Coast container imports still far above pre-pandemic levels

American imports remain a tale of two coasts, with continued strength in container volumes headed to Atlantic ports.

FreightWaves • January 10, 2023

‘Surge finally over,’ US imports back near pre-pandemic levels

Imports continue to decline and are close to where they were before COVID-19, but the coastal mix is very different.

FreightWaves • January 10, 2023

Will sanctions on Russian diesel pay off for product tankers?

Sanctions on Russian crude exports have yet to boost tanker rates. Some question whether sanctions on Russian diesel will either.

FreightWaves • January 6, 2023

Coast is (almost) clear as port congestion fades even further

Remaining queues of waiting ships are dwindling, another sign that supply chain pressure is winding down.

FreightWaves • January 5, 2023

Top 10 container lines: How did rankings change during boom?

The top 10 liner operators hiked aggregate capacity by 13% in 2000-22 and continue to control 85% of the global fleet

FreightWaves • January 3, 2023

Crude tanker rates down double digits after Russia sanctions debut

The predicted boost to tanker rates from Russian crude disruptions has yet to materialize. Instead, rates have declined.

FreightWaves • December 30, 2022

Chance that container ship arrives on time is still a coin toss

Container shipping lines are gradually getting their services back on schedule, but they still have a long way to go.

FreightWaves • December 27, 2022

Container shipping’s ‘big unwind’: Spot rates near pre-COVID levels

Trans-Pacific spot rates fell first. Trans-Atlantic spot rates and Asia-U.S. contract rates look like they’re next in line.

FreightWaves • December 22, 2022

New shipping regulation to combat global warming is under fire

Backers of a shipping regulation that begins Jan. 1 believe it will reduce carbon emissions. Critics warn it could backfire and increase them.

FreightWaves • December 19, 2022

Shipping giant MSC faces more fallout from cocaine cases

The U.S. could seek forfeiture of the MSC Gayane, a large ship involved in an infamous smuggling operation, says Bloomberg Businessweek.

FreightWaves • December 19, 2022

2022’s top shipping stories: Container boom ends, war fuels tankers

Just as the pandemic wound down, another market-altering event for shipping — the Ukraine-Russia war — ramped up.

FreightWaves • December 15, 2022

LA/LB imports drop double digits; slump predicted through spring

Containerized imports to the ports of Los Angeles and Long Beach have now fallen well below pre-COVID levels.

FreightWaves • December 12, 2022

Plunge in US imports accelerates; volumes near pre-COVID levels

November saw another double-digit drop in America’s containerized imports, driven by sinking volumes from Asia.

FreightWaves • December 8, 2022

China’s surprise COVID pivot offers new hope to shipping markets

Faster easing of China’s COVID restrictions could provide eventual support for container and dry bulk markets and a more immediate boost for tankers.

FreightWaves • December 7, 2022

CMA CGM buys New York/New Jersey terminal operations from GCT

GCT will sell its terminal operations in Staten Island, New York, and Bayonne, New Jersey, to shipping giant CMA CGM.

FreightWaves • December 5, 2022

Price of ship fuel falling even as Russia-Ukraine war rages on

Declining ship fuel prices equate to savings for containerized cargo shippers and lower costs for tanker and bulker owners.