FreightWaves • November 16, 2022 Zim flew higher in shipping boom, falls faster as market sinks Earnings for Zim, the world’s 10th largest ocean carrier, peaked in the first quarter and continue to slide as rates fall.
FreightWaves • December 29, 2020 Trans-Pacific shipping rates just popped to new all-time high Asia-U.S. container rates had held firm at a record high since September. Now they’re on the move again — and headed even higher.
FreightWaves • December 29, 2020 Top stories of 2020: Inside ocean shipping’s wild ride A look back at 2020's shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
FreightWaves • December 22, 2020 Shipping IPO prospects slim as capital-market access plunges Chances slim for 2021 shipping equity offerings, but a container-liner IPO prospect remains on the table.
FreightWaves • December 21, 2020 Container shipping 2021: Hangover or party on? Container imports far exceed sales, raising concerns that 2020’s transport binge could lead to a big headache in 2021.
FreightWaves • December 17, 2020 Container ships suffer record delays as demand spikes Will your cargo ship arrive on time? Globally, the chances are now 50-50. In the Asia-U.S. container trade, it’s less than one in three.
FreightWaves • December 16, 2020 Container ports are booming — and not just on West Coast Container flows into U.S. ports have grown faster over the past three months than they have at any other time in the past decade.
FreightWaves • December 15, 2020 Liner capacity control and the future of container shipping Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards, and leasing companies?
FreightWaves • December 11, 2020 LPG shipping rates hit 5-year high, topping $100,000 a day It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
FreightWaves • December 9, 2020 Q&A: Flexport on 2021, container crunch and liner pricing coup The trans-Pacific surge will persist through Q1 and January could see all-time-high container volumes, predicts Flexport’s Nerijus Poskus.
FreightWaves • December 9, 2020 The mystery of the frozen trans-Pacific spot rates Trans-Pacific spot index rates haven’t budged from the same peak band for the past 10 weeks. How is this possible in a competitive free market?
FreightWaves • December 4, 2020 Trans-Pacific box boom likely to last until March — or longer There will be no letup in booming container imports in 2020. The only question now is how long it lasts into 2021.
FreightWaves • December 3, 2020 Video: Using satellites and AIS to decipher maritime trade A fireside chat between Spire Maritime General Manager Simon van den Dries and FreightWaves Senior Editor Greg Miller.
FreightWaves • December 3, 2020 Bulk booze by sea: Shipping wine in the time of COVID The pandemic is driving people to drink more. Bulk ocean shipments of wine in flexitanks are up 25%-30% this year.
FreightWaves • December 2, 2020 How the Panama Canal traffic jam is affecting ocean shipping Panama Canal congestion is not impeding transits of container ships but it is pumping up spot rates for LNG and LPG carriers.
FreightWaves • December 1, 2020 Wall Street’s incredible shrinking shipping stocks The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
FreightWaves • November 25, 2020 Frontline's disappearing dividend ‘speaks volumes’ on tanker fears Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover … and now newbuild chatter.
FreightWaves • November 25, 2020 Ag export equation: Bulk surge, box squeeze, ‘reefer madness’ Bulk soybean and corn exports are way up, but containerized ag exports are waylaid by equipment shortfalls and Chinese inspections.
FreightWaves • November 19, 2020 COVID lockdown sequel threatens shipping demand As COVID hospitalizations surge and business restrictions mount, could U.S. importers be overshooting the mark?
FreightWaves • November 18, 2020 Maersk Q3 profits surge — and Q4 looks even better Maersk confirms that cargo demand looks strong through year-end, bucking the usual seasonal trend.