FreightWaves • June 30, 2022

California ports piling up again: Too many containers sitting too long

The number of import containers sitting at LA/LB terminals for nine days or more has more than doubled since February.

FreightWaves • June 29, 2022

Container ships still renting for $160,000 a day despite import fears

Spot freight rates are easing, but in a sign of resilience, container-ship charter rates remain near all-time highs.

FreightWaves • June 27, 2022

Container-ship building spree not over yet; new orders still rising

A flood of newly built container ships will be delivered by shipyards in 2023-25. Can liners maintain pricing power?

FreightWaves • June 23, 2022

Asia-US container shipping rates are flashing two bearish signals

Container shipping rates remain far above pre-COVID levels, yet there are more signs of prices easing.

FreightWaves • June 22, 2022

Tankers carrying diesel and gasoline rake in cash amid pain at the pump

The first half has been phenomenal for product tankers. How much of shipping upside is due to the war?

FreightWaves • June 21, 2022

Livestock shipping strikes again: Death and cruelty on the high seas

The drowning of over 15,000 sheep off Sudan is just the latest in a very long line of black marks for livestock shipping.

FreightWaves • June 17, 2022

Retail slump? E-commerce sales still ‘stunning,’ clothing ‘crazy hot’

Retail sales are still up double digits compared to pre-COVID. Inventory-to-sales ratios have yet to fully recover.

FreightWaves • June 14, 2022

Los Angeles port: Peak season coming soon, strong imports ahead

America’s peak cargo importing season will start early this year, by the end of this month, says the Port of Los Angeles boss.

FreightWaves • June 13, 2022

Batten down the hatches: Shipping stocks ‘unable to escape the torrent’

Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.

FreightWaves • June 10, 2022

Boom times not over yet: US container ports still near highs

May was one of the busiest months in history for the container ports of Long Beach and Charleston.

FreightWaves • June 7, 2022

How new EU sanctions on Russia will shake up global energy trade

EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.

FreightWaves • June 5, 2022

Container shipping jackpot continues: CMA CGM profits soar

CMA CGM, the world’s third largest liner company, froze spot rates in September-January, yet its revenue per container kept rising.

FreightWaves • June 2, 2022

Ship fuel enters uncharted territory as prices hit new wartime peak

It took longer than expected, but the IMO 2020 investment pitch — save on ship fuel by installing scrubbers — is paying off big time.

FreightWaves • June 1, 2022

Ports get ‘much needed respite’ as container-ship traffic jam eases

The number of container ships waiting off Los Angeles/Long Beach recently sank to 25, the lowest tally since July 2021.

FreightWaves • May 31, 2022

US exports even more oil as domestic gasoline, diesel prices spike

Tankers are loading up on American crude, diesel and gasoline exports. Can the free market withstand political pressure?

FreightWaves • May 25, 2022

Russia tanker business is alive and well. Oil exports 'remain strong'

Without sanctions, tankers will keep loading Russian oil. ‘We’re not taking a moral high ground,’ says Frontline’s CEO.

FreightWaves • May 25, 2022

Risky business: How shipping boom, war and COVID impact safety at sea

Safety stats show resilience despite aging ships, cut corners on maintenance and rising pressure on seafarers.

FreightWaves • May 23, 2022

Can tanker imports save drivers from spiking summer gasoline prices?

East Coast gasoline inventories are alarmingly low. Gasoline imports from Europe could help but may not be enough to fill the gap.

FreightWaves • May 20, 2022

Gimme shelter: Shipping stocks still rising amid Wall Street storm

It has been a terrible year for the stock market, a great one (so far) for product tanker and dry bulk shipping stocks.

FreightWaves • May 18, 2022

Blockbuster container shipping results collide with sinking sentiment

Zim continues to outpace growth rates of rival container shipping lines, but investor demand fears are on the rise.