FreightWaves • April 9, 2021 Could container shipping rates stay this red-hot until 2022? Container shipping spot rates haven’t budged from COVID-fueled peaks. Cargo shippers' hopes for a rate pullback are fading.
FreightWaves • April 9, 2021 Light at end of the tunnel for battered tanker trade? Glimmers of hope for the beaten-down tanker sector: more OPEC+ crude production and more long-haul exports from the U.S. to India.
FreightWaves • April 8, 2021 Suez Canal still not back to normal — but it’s getting closer Days after Ever Given backlog was declared cleared, the number of ships waiting to transit the Suez Canal remains high.
FreightWaves • April 6, 2021 How container giant MSC reacted to billion-dollar cocaine bust Twenty tons of coke was found aboard an MSC ship in 2019. MSC just revealed that it's spending $100 million more on security in response.
FreightWaves • April 2, 2021 Demand boom on collision course with ocean transport ceiling Bad timing: Still-rising cargo demand is coinciding with container-shipping constraints in the wake of the Suez Canal crisis.
FreightWaves • March 31, 2021 Another shipping stock bites the dust as big tanker fleets merge ‘Bigger is better’ is the mantra of public tanker companies. The just-announced INSW-Diamond S merger is a step in that direction.
FreightWaves • March 29, 2021 US ports, shippers face major fallout from Suez Canal chaos Suez Canal accident aftermath: Extensive disruptions ahead for key Asia-East Coast container shipping services.
FreightWaves • March 26, 2021 Suez Canal crisis: Here are the cargoes in the crossfire The longer the Suez saga continues, the greater the container, tanker and dry bulk shipping impacts. There could be big losers — and winners.
FreightWaves • March 25, 2021 What the Suez Canal accident means to the tanker business Back in the Aristotle Onassis era, a Suez Canal closure was a tanker game changer. Today, tanker upside from the canal accident is limited.
FreightWaves • March 24, 2021 Could America’s historic import crunch get even worse? California’s container-ship traffic jam is slightly less jammed but import pressure remains high. One analyst warns the worst may be yet to come.
FreightWaves • March 22, 2021 ZIM: US importers buckle, sign contracts early, pay 50% more Ocean carrier ZIM just released record results and confirmed huge gains for contract rates. So why did its stock sink?
FreightWaves • March 21, 2021 Inside the now-booming business of building container ships Newbuild-to-fleet ratio now 15.3%, up from 9.4% in mid-2020. But orders are not high enough yet to wave red flags.
FreightWaves • March 17, 2021 Deutsche Bank on import bonanza: ‘You ain’t seen nothing yet’ Deutsche Bank’s Amit Mehrotra on how long import surge could last and upside potential for container, dry bulk and tanker stocks.
FreightWaves • March 14, 2021 Minus $7,400 a day? How can shipping rates fall below zero? Tanker and bulker spot rates can go sub zero — some tanker rates are there now. What do the negative numbers really mean?
FreightWaves • March 12, 2021 Full steam ahead for Wall Street’s shipping stocks Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.
FreightWaves • March 10, 2021 America’s container-shipping gridlock: California vs. Georgia Anchorages are filling up with ships off multiple ports — not just California’s. Yet the reasons behind the traffic jams are not always the same.
FreightWaves • March 8, 2021 California port pileup leaves old records in the dust How does California congestion rank versus 2015 logjam caused by tensions with dockworkers union? It’s not even close: 2021 wins by a longshot.
FreightWaves • March 5, 2021 OPEC+ deal shocker will prolong bloodletting for crude tankers Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.
FreightWaves • March 3, 2021 Video: Ocean carriers wrest market power from shippers A fireside chat between logistics consultant Tom Craig and FreightWaves senior editor Greg Miller.
FreightWaves • March 3, 2021 What new boom in vessel sales means to shipping stocks If ocean freight rates have legs, analysts see much more room for the secondhand ship values to run — which should, in turn, boost stocks.
