FreightWaves • September 27, 2021 Power crisis deepens in Asia and Europe: What it means to shipping As some Chinese factories go dark, more delays for container imports but bullish sign for coal, LNG and oil shipping.
FreightWaves • September 24, 2021 Container ships now piling up at anchorages off China’s ports Trans-Pacific traffic snarl is bicoastal: More container ships waiting off Shanghai and Ningbo than Southern California.
FreightWaves • September 21, 2021 Just how many containers of cargo are stuck off California’s coast? Southern California ports would need two weeks with zero vessel arrivals to clear logjam — but the ships keep coming.
FreightWaves • September 20, 2021 Shipping stocks hammered as China fears intensify Dry bulk shares suffer double-digit declines, with tanker and container stocks also caught up in the sell-off.
FreightWaves • September 16, 2021 How high can container shipping profits go? Will 2022 top 2021? Liner profits still rising: second half looks stronger than first and Deutsche Bank sees even higher earnings next year.
FreightWaves • September 16, 2021 Record shattered: 61 container ships stuck waiting off California Supply chain crisis deepens as more imports snared in historic ship queue off Los Angeles/Long Beach.
FreightWaves • September 14, 2021 Investor scores a fortune selling container ships named after Patriots Container ships named The Brady, The Belichick and The Gronk just sold for six to eight times their purchase price, spurring a nine-figure payday.
FreightWaves • September 13, 2021 Shipping stocks hit fresh highs amid COVID-era supply chain chaos Dry bulk and LNG shipping stocks now at 52-week peaks with container stocks not far from the top.
FreightWaves • September 10, 2021 Container sector is so hot that ships rent for $200,000/day Demand for container ships is so extreme that some operators are paying unprecedented sums to rent them.
FreightWaves • September 9, 2021 CMA CGM caps its rates. What does this mean for container shipping? In unprecedented move, CMA CGM unilaterally halts rate increases until February amid rising global supply chain chaos.
FreightWaves • September 2, 2021 Case closed: How drug ring hid $1B worth of coke on a single ship New details on record 2019 cocaine haul aboard MSC Gayane — which may not have been the first run — as U.S. wraps up convictions.
FreightWaves • August 31, 2021 Shipping lines come out swinging in high-profile profiteering case Cosco and MSC fight back against accusations that they inflated rates, violated contracts and broke U.S. law.
FreightWaves • August 30, 2021 California port pileup breaks record and imports still haven’t peaked More container ships are stuck at anchor off California than ever before. The gridlock is about to get even worse.
FreightWaves • August 27, 2021 Shipping chaos gives top importers ‘massive competitive edge’ As stimulus-fueled demand overwhelms trans-Pacific capacity, a widening freight spread leaves small shippers behind.
FreightWaves • August 25, 2021 Battle of the shipping booms: Containers ‘21 vs dry bulk ‘07-‘08 Container mega-spike recalls epic dry bulk run over a decade ago. Here’s a look back at the last time shipping had it this good.
FreightWaves • August 22, 2021 How long does it take to build a shipping container? Demand for new containers has been historically high. Even so, the Chinese factories that build the world’s boxes are churning them out efficiently.
FreightWaves • August 18, 2021 Supply chain ‘anarchy’ is gold mine for ocean carriers like ZIM Ocean carrier ZIM now expects to earn $4.8 billion-$5.2 billion this year — five times what it earned in 2020.
FreightWaves • August 17, 2021 Clock ticking for Christmas imports as West Coast congestion mounts Port of Los Angeles boss warns: ‘Anchorage and dwell times are trending in the wrong direction.’
FreightWaves • August 16, 2021 California congestion nears new high, East Coast gridlock worsens Queue of container ships off U.S. ports keeps building, with months’ worth of peak-season cargo still to unload.
FreightWaves • August 6, 2021 Global demand isn’t booming. So why are shipping rates this high? Maersk results offer more evidence that capacity constraints and U.S. — not worldwide — demand drive rates.
