FreightWaves • July 26, 2021 If coal is dead, then why are ships so full of it? Good news for dry bulk shipping stocks, bad news for decarbonization: The global coal trade is thriving.
FreightWaves • July 16, 2021 A cruel summer for shipping stocks as tide turns Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
FreightWaves • July 16, 2021 Full steam ahead: Why container ships are racing across the Pacific Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.
FreightWaves • July 14, 2021 Los Angeles port braces for Yantian catch-up, peak season combo Wave of cargo delayed by COVID outbreak in Yantian, China, is starting to hit California’s already strained terminals.
FreightWaves • July 11, 2021 How much do shipping CEOs make? (Here’s their pay info) An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry.
FreightWaves • July 8, 2021 Container lines set to topple quarterly profit records (again) New disclosures by lines point to massive ocean-carrier profits in the second quarter.
FreightWaves • July 7, 2021 Ship values are soaring amid secondhand sales ‘frenzy’ More box ships, bulkers and tankers are changing hands than ever before — good news for ship values and stocks.
FreightWaves • July 6, 2021 Container lines are poised to hit a $100 billion profit jackpot Ocean carriers could make up for two decades’ worth of losses in a single year as demand overwhelms vessel supply.
FreightWaves • July 2, 2021 Container shipping’s stranger-than-fiction first half of 2021 California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes … what’s next for container shipping?
FreightWaves • June 30, 2021 How COVID variants could impact container and tanker shipping More problems loom for importers of Asian containerized goods and tanker slump could last even longer.
FreightWaves • June 28, 2021 No letup yet in dry bulk shipping’s ‘remarkable rally’ Rates for smaller bulkers remain at decade highs with most dry bulk stocks up triple digits since November.
FreightWaves • June 28, 2021 How China became the big winner of the COVID era A year and a half after COVID emerged in Wuhan, China’s exporters, liners, shipyards and container factories are all booming.
FreightWaves • June 23, 2021 More container ships score ‘astronomical’ $100,000/day rates There has never been a better time to own container ships and lease them to liners. But some owners are selling ships and cashing out.
FreightWaves • June 21, 2021 Mounting evidence that container crunch will persist until 2022 Americans are spending more on services. Contrary to predictions, this has yet to curb demand for containerized goods.
FreightWaves • June 17, 2021 Rise in trans-Pacific spot rates is relentless — and accelerating Spot pricing has surged even higher, propelled by carrier rate hikes and China congestion fallout.
FreightWaves • June 15, 2021 20 tons of coke = 40+ years in prison for MSC container-ship crew Former chief mate of MSC Gayane gets seven years behind bars for lead role in massive 2019 smuggling operation.
FreightWaves • June 14, 2021 Home Depot now has its own ship. That’s an ominous sign Decision to secure dedicated vessel highlights unprecedented strength of container shipping and risks faced by importers.
FreightWaves • June 11, 2021 Container rates rocket even higher — and there’s no end in sight Container spot rates spiked again, with new records set. For importers, the worst is yet to come.
FreightWaves • June 10, 2021 What $70+ oil means to container, tanker and dry bulk shipping Rising fuel costs are yet another woe for containerized cargo shippers, while widening spreads should benefit ships with scrubbers.
FreightWaves • June 9, 2021 Top 10 liners control 85% of market — and they’re not done yet Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.
