FreightWaves • February 22, 2021 Another one bites the dust: LNG shipping’s GasLog to delist One of the largest players in public LNG shipping, GasLog Ltd., plans to give up its NYSE listing. Will more shipowners opt to go private?
FreightWaves • February 19, 2021 All eyes turn to timing of tanker rate resurrection Crude and product tanker rates are bouncing along the bottom. And as one analyst put it, "There is only one way to go from here."
FreightWaves • February 18, 2021 Chinese factories won’t build enough containers to save US shippers Cargo shippers hamstrung by the global container shortage should not expect a box building spree in China to come to their rescue.
FreightWaves • February 17, 2021 Shipping stocks are suddenly revving up across the board It’s not just container stocks rising. Shipping stocks are up for everything from bulkers to tankers to gas carriers.
FreightWaves • February 16, 2021 Shipping tech startups: ‘Amazing’ valuations, ‘huge surge’ in interest More venture capital flowing to maritime tech startups – and more shipping companies giving those startups a trial run.
FreightWaves • February 12, 2021 New video shows massive scope of California box-ship traffic jam Here’s a helicopter view courtesy of U.S. Coast Guard of container-ship armada off Los Angeles and Long Beach (with video).
FreightWaves • February 11, 2021 Shares of ocean carrier ZIM jump 64% after ‘abysmal’ debut ZIM, newest Wall Street shipping entrant, is riding wave of record-high freight rates. Shares fully recovered from rocky start.
FreightWaves • February 10, 2021 Container giant Maersk sees no letup yet in COVID-fueled cargo boom Maersk, the world’s largest container carrier, just reported record quarterly results. And its next quarter looks even better.
FreightWaves • February 5, 2021 Crude tankers stuck in ‘rate hell’ but floating-storage pain wanes Long grind ahead for crude tankers: Executives and analysts don't see recovery until second half — if not later.
FreightWaves • February 4, 2021 War of words escalates as exporters scramble for scarce containers California calls on feds to protect exporters. Shipping groups claim California export cure will worsen congestion — including for importers.
FreightWaves • February 2, 2021 Importers face massive hike in ocean contract costs Container lines score huge negotiating advantage as spot-rate surge set to persist through annual contract season.
FreightWaves • January 29, 2021 Shipping’s Wall Street saga: Rags to riches to rags to occasional riches ZIM just completed the first U.S. shipping IPO in over five years. Here’s a look back at shipping’s wild multidecade ride on Wall Street.
FreightWaves • January 27, 2021 Trans-Pacific trade crashes into max-capacity ceiling Asia-U.S. liner sailings are now being canceled because too many container ships are stuck at anchor off California.
FreightWaves • January 25, 2021 Crew in the crosshairs: Piracy, kidnappings, stranded by COVID In Africa, one seafarer is dead and 15 have been kidnapped. Worldwide, more seafarers are being barred from travel as COVID fears rise.
FreightWaves • January 22, 2021 COVID outbreak could cripple California container ports Nearly 800 dockworkers in California have COVID. Hundreds more are out due to quarantines. Pleas for fast-track vaccinations intensify.
FreightWaves • January 20, 2021 Ocean carrier ZIM fast-tracks IPO, targets $2 billion valuation Ocean carrier ZIM has hiked its fleet capacity with new charters and is planning to price its New York IPO next week.
FreightWaves • January 19, 2021 Dry bulk shipping revs up after ‘extraordinarily bad decade’ This has been the best January for dry bulk shipping rates in a decade. Is this the long-awaited turning point or yet another head fake?
FreightWaves • January 16, 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 • January 14, 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 • January 11, 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.
