FreightWaves • September 28, 2023

How US military equipment for Ukraine is shipped across Atlantic

A flood of tanks, military vehicles and weapons systems is flowing from the U.S. to Europe. Shipowner ARC plays a pivotal transport role.

FreightWaves • September 26, 2023

Container shipping has a Europe problem and it’s getting worse

Inflation and economic fallout from the war are curbing demand just as a tidal wave of new ship supply hits the water.

FreightWaves • September 22, 2023

How will Russian ban on diesel exports impact global energy trade?

Diesel is an essential fuel for the global economy. The world’s second-largest seaborne supplier, Russia, just halted exports.

FreightWaves • September 21, 2023

Trouble ahead: Container shipping rates sinking further into the red

The recent rate rebound turned out to be fleeting. As rates deteriorate yet again, shipping lines face mounting losses.

FreightWaves • September 18, 2023

For exporters, container shipping still far from pre-COVID ‘normal’

The supply chain crisis is over, but exporters are still paying more — and facing more logistical challenges — than they did before the pandemic.

FreightWaves • September 15, 2023

Newark car carrier fire blamed on Ports America-owned Jeep Wrangler

Shipowner Grimaldi says a port vehicle used to push non-operating automobiles sparked the deadly fire at a New Jersey pier.

FreightWaves • September 14, 2023

Bankrupt Bed Bath & Beyond targets more ‘price-gouging’ shipping lines

The plot thickens in the legal battle between Bed Bath & Beyond and container lines. More carriers are in the crosshairs.

FreightWaves • September 11, 2023

US container imports rise in line with pre-COVID peak season pattern

Now that supply chains are back to normal, the typical effects of seasonality have returned, bringing U.S. imports up.

FreightWaves • September 7, 2023

Time to start worrying again about rising cost of ship fuel

Fuel costs were overshadowed by skyrocketing freight rates amid the supply chain crisis. Now, fuel costs are much more important.

FreightWaves • September 6, 2023

Tanker shipping takes another hit from Saudi, Russian crude cuts

This was supposed to be a banner year for crude tankers, but output cuts and the Russian price cap are keeping rates under pressure.

FreightWaves • September 1, 2023

How have shipping shares performed versus broader stock market?

Have shipping stocks been a good bet? Here’s a look at their performance year to date and versus pre-COVID.

FreightWaves • August 30, 2023

Panama Canal restrictions are rerouting LPG shipping flows

Persistent congestion and higher delays at the Panama Canal could lead to lasting changes in global LPG shipping flows.

FreightWaves • August 28, 2023

Rebound in trans-Pacific container shipping rates has stalled

Asia-U.S. spot shipping rates have pulled back after a strong run-up, implying peak season may have passed its peak.

FreightWaves • August 24, 2023

How much money do shipping CEOs make? Here’s their 2022 pay info

Average CEO compensation rose as ocean shipping company earnings increased, fueled in many cases by share-based compensation.

FreightWaves • August 23, 2023

Shipping ‘traffic jam’ at Panama Canal: Why it’s not a crisis (yet)

Panama’s drought poses a serious challenge to the country’s canal operations, but fallout to global trade remains limited.

FreightWaves • August 21, 2023

Container lines paid out billions in boom-time profits via dividends

Unprecedented supply-demand imbalances amid the pandemic led to historic dividend payouts by container shipping lines.

FreightWaves • August 18, 2023

There’s more coal being shipped by sea than ever before

The global coal trade is thriving, with dry bulk ships busy carrying the loads. As the West consumes less coal, Asia buys even more.

FreightWaves • August 17, 2023

Trans-Atlantic shipping suffers ‘meltdown’ as rates hit new low

Spot ocean shipping rates from Europe to the U.S. held up much longer than trans-Pacific rates. Now they’ve sunk to historic lows.

FreightWaves • August 16, 2023

Shipping line Zim bets big on spot market as losses mount

Zim lost $213 million in the second quarter. Will rising trans-Pacific spot rates help it reverse course in the third?

FreightWaves • August 15, 2023

Sanctions on Russian crude and diesel exports are failing

Price caps have been breached, discounts on Russian exports are dwindling, and more money is flowing to Russian coffers.