FreightWaves • November 24, 2021 California ship pileup still piling up — but out of sight, over horizon Record number of container ships waiting but they’re harder to see, as new plan spreads queue across Pacific.
FreightWaves • November 22, 2021 Ship fuel price highest since 2013, ‘scrubber spread’ widens Price of low-sulfur fuel is rising faster than high-sulfur fuel. Ships with scrubbers stand to gain.
FreightWaves • November 19, 2021 Peak season over: Container-ship arrivals in Southern California sink Ship arrival data confirms seasonal import surge to Southern California has ebbed — even as port congestion has risen.
FreightWaves • November 17, 2021 How to make a billion when your ships are stuck at anchor Zim’s profits are still going up — way up — despite more vessels getting snared in West Coast port gridlock.
FreightWaves • November 15, 2021 Last-minute reprieve: LA/LB delays pulling trigger on congestion fee Los Angeles and Long Beach hold off on charging highly controversial fee on import containers.
FreightWaves • November 12, 2021 Hapag-Lloyd rakes in $3.9B in Q3, sees no plunge in rates yet Rates expected to remain strong into 2022, fallout from new ship deliveries in 2023-2024 to be muted.
FreightWaves • November 11, 2021 ‘Gobbling up’ cargo: How crude tankers cannibalized product tankers Crude and product tankers may be totally different markets, but 2021 proved how connected they are.
FreightWaves • November 10, 2021 Shipping’s extreme consolidation could prolong supply chain pain A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
FreightWaves • November 10, 2021 Clock ticks closer to midnight for overwhelmed California ports Just five days before emergency SoCal container fee is set to begin, offshore traffic jam reaches new heights.
FreightWaves • November 7, 2021 After container ships sped up, why did they just tap on the brakes? Port congestion forced container ships to go faster. Congestion remains extreme, yet ships are slowing down.
FreightWaves • November 4, 2021 Crude tankers still bleeding cash. Stars aligned for 2022 recovery? Crude-tanker owners continue to pile up huge losses, but hopes are high for next year.
FreightWaves • November 3, 2021 It just got cheaper to rent a container ship — now just $125,000/day California congestion hits charter rates as ship operators waste millions waiting to get to terminals.
FreightWaves • November 2, 2021 Shipping shares in sea of red as broader stock market rises Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.
FreightWaves • November 2, 2021 Shipping giant Maersk continues buying spree after best quarter ever Maersk expands air business after earning more in a single quarter than in any prior full year.
FreightWaves • October 28, 2021 No relief from ‘ridiculously expensive’ container shipping rates Trans-Pacific container shipping rates remain exceptionally strong despite a dip earlier this month.
FreightWaves • October 28, 2021 Shippers fear ‘catastrophic’ fallout from ‘crazy’ California port fees Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
FreightWaves • October 26, 2021 Are historically high shipping rates causing consumer price inflation? Media coverage increasingly links consumer price inflation to container shipping and supply chain chaos.
FreightWaves • October 24, 2021 Import boom side effect: More container-ship accidents in Pacific It’s no coincidence that spiking trans-Pacific trade coincides with more boxes overboard and more shipping accidents.
FreightWaves • October 22, 2021 Shadow inflation: Shipping costs are up way more than you think Ocean cargo shippers are paying more than they ever have before for the worst service they’ve ever experienced.
FreightWaves • October 20, 2021 $22B worth of cargo is now stuck on container ships off California California port congestion is as bad as ever. Some imports have now been stranded offshore for over a month.
