FreightWaves • 16th January 2021 Ship fuel prices jump, spread widens. Is ‘scrubber’ revival nigh? Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
FreightWaves • 14th January 2021 Inside California’s colossal container-ship traffic jam There are more container ships stuck off California than at any time since 2004. What’s behind the pileup? When can it be cleared?
FreightWaves • 11th January 2021 New world record set for shipping rates: $350,000 per day An LNG ship is now earning more than any other vessel in history. Extreme weather in Asia has propelled LNG rates into the stratosphere.
FreightWaves • 11th January 2021 Don’t expect rate relief from container-ship order spike Even after a wave of just-ordered container ships is delivered by yards, cargo shippers are unlikely to see lower freight rates.
FreightWaves • 7th January 2021 Tanker recovery still distant prospect after Saudi surprise How surprise Saudi production cuts and escalating Mideast tensions could impact timing of crude-tanker rate recovery.
FreightWaves • 7th January 2021 ‘Blue wave’ stimulus could spur import surge on top of surge A Biden administration teamed with a Democratic Congress should lead to even more stimulus, a recipe for even more container imports.
FreightWaves • 5th January 2021 Liners highly unlikely to slash service for Chinese New Year Like clockwork, liner operators sharply reduce their sailings each year during the Chinese New Year holiday. Not in 2021.
FreightWaves • 3rd January 2021 Container line ZIM goes to Wall Street: Will IPO stars align? Successful IPO by ZIM would offer investors direct exposure to trans-Pacific freight-rate craziness, but not without risks from the debt load.
FreightWaves • 29th December 2020 Trans-Pacific shipping rates just popped to new all-time high Asia-U.S. container rates had held firm at a record high since September. Now they’re on the move again — and headed even higher.
FreightWaves • 29th December 2020 Top stories of 2020: Inside ocean shipping’s wild ride A look back at 2020's shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
FreightWaves • 22nd December 2020 Shipping IPO prospects slim as capital-market access plunges Chances slim for 2021 shipping equity offerings, but a container-liner IPO prospect remains on the table.
FreightWaves • 21st December 2020 Container shipping 2021: Hangover or party on? Container imports far exceed sales, raising concerns that 2020’s transport binge could lead to a big headache in 2021.
FreightWaves • 17th December 2020 Container ships suffer record delays as demand spikes Will your cargo ship arrive on time? Globally, the chances are now 50-50. In the Asia-U.S. container trade, it’s less than one in three.
FreightWaves • 16th December 2020 Container ports are booming — and not just on West Coast Container flows into U.S. ports have grown faster over the past three months than they have at any other time in the past decade.
FreightWaves • 15th December 2020 Liner capacity control and the future of container shipping Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards, and leasing companies?
FreightWaves • 11th December 2020 LPG shipping rates hit 5-year high, topping $100,000 a day It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
FreightWaves • 9th December 2020 The mystery of the frozen trans-Pacific spot rates Trans-Pacific spot index rates haven’t budged from the same peak band for the past 10 weeks. How is this possible in a competitive free market?
FreightWaves • 9th December 2020 Q&A: Flexport on 2021, container crunch and liner pricing coup The trans-Pacific surge will persist through Q1 and January could see all-time-high container volumes, predicts Flexport’s Nerijus Poskus.
FreightWaves • 6th December 2020 Q3 stock recap: Ocean shipping’s winners and losers Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
FreightWaves • 4th December 2020 Trans-Pacific box boom likely to last until March — or longer There will be no letup in booming container imports in 2020. The only question now is how long it lasts into 2021.
