FreightWaves • May 13, 2021 Inflation alert: Container shipping rates just spiked (again) The situation for importers is getting even more dire. Already extreme container rates are ascending to even higher peaks.
FreightWaves • May 11, 2021 Why Wall Street’s best-performing shipowner is building a war chest Danaos will stockpile cash from the current boom and spend it on new ships when environmental regs are clearer.
FreightWaves • May 7, 2021 Container shipping boom is bleeding over into dry bulk Formerly containerized cargoes are being loaded onto bulkers. Box-ship orders are keeping future bulker growth in check.
FreightWaves • May 5, 2021 ‘The best quarter ever’ for container shipping giant Maersk Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.
FreightWaves • May 4, 2021 Brace for impact: Data shows US import demand still rising Importers are scrambling as demand sails past ocean transport supply. The numbers paint an ominous picture for cargo shippers.
FreightWaves • May 2, 2021 Which shipping stocks rose the most in wake of COVID pandemic? COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
FreightWaves • April 30, 2021 No relief: Global container shortage likely to last until 2022 Chinese container production still trails torrid demand. Ever Given accident was ‘icing on the cake’ — making box shortfall worse.
FreightWaves • April 29, 2021 Importers lost their pricing power. How should they adapt? Now that shipping lines hold the pricing cards, importers must reset strategies, says Sea-Intelligence’s Jochen Gutschmidt.
FreightWaves • April 28, 2021 Matson CEO: Trans-Pacific trade to stay stronger for longer West Coast congestion could last into the fall as retailers face stockouts on essential goods, says ocean carrier Matson.
FreightWaves • April 26, 2021 Flexport: Trans-Pacific deteriorating, brace for shipping ‘tsunami’ Trans-Pacific container crunch is about to become even more severe, warns Flexport, with May sailings now effectively sold out.
FreightWaves • April 21, 2021 ‘Sky’s the limit’ for already lofty container-ship charter rates Liners are paying historically high rates to charter ships and maximize their exposure to the booming freight market.
FreightWaves • April 20, 2021 Trans-Pacific contract rates slip from peak but still historic U.S. importers will be paying a lot more for annual ocean contracts this year, but pricing inflation has eased.
FreightWaves • April 15, 2021 Import gains at top US container gateways go ballistic U.S. ports just booked their largest import hikes in memory, according to The McCown Report.
FreightWaves • April 15, 2021 ‘March madness’ at LA port amid ‘once in a lifetime’ surge Imports into Los Angeles at not slowing down. Can the backlog be cleared before the peak-season swell begins?
FreightWaves • April 13, 2021 Shipping’s billion-dollar coke bust: 8 plead guilty, sentencing begins More than a third of the crew on the MSC Gayane smuggled cocaine in June 2019. The first prison term has just been handed down.
FreightWaves • April 12, 2021 Container shipping is about to report blockbuster Q1 earnings As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.
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 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.
