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 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 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 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 15, 2021 As shipping prospects rise, field of shipping stocks shrinks More public shipping companies go private as IPOs remain rare. Here's why exits outpace new listings.
FreightWaves • October 13, 2021 Inflation alert: Container ship owners see boom through 2022 Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.
FreightWaves • October 12, 2021 Container shipping’s ‘hockey stick’: Liner profits just keep on climbing As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.
FreightWaves • October 5, 2021 Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.
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 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 • 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 20, 2021 China bulker pileup dwarfs California container-ship gridlock Extreme measures to contain delta variant create unprecedented backlog of dry bulk ships off China.
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 2, 2021 Maersk posts blockbuster Q2 results — and Q3 looks even better Container giant earned $5.1 billion in the second quarter and expects earnings of $18 billion-$19.5 billion for the year.
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.
