FreightWaves • December 29, 2021

Container shipping heads to court: Who’s suing whom?

MSC sues Deere, patent owner sues six shipping lines, box-overboard cases pile up, and Hanjin’s ghost tries to collect.

FreightWaves • December 27, 2021

2021’s top shipping stories: From Ever Given to epic California port pileup

There has never been a year like this for container shipping. Here are the biggest stories of 2021.

FreightWaves • December 23, 2021

By the numbers: Shipping’s unparalleled year in 10 charts

After an exceptional year for ocean shipping, the data points to more action ahead in 2022.

FreightWaves • December 21, 2021

LNG shipping’s wild ride: Record, plunge, new record, new plunge

Spot rates topped $300,000/day, sank to teens, rose to over $360,000, now back near $100,000.

FreightWaves • December 17, 2021

Escape from LA: More container business flees to East Coast

Carriers and shippers are turning to East Coast ports as Los Angeles/Long Beach remains mired in congestion.

FreightWaves • December 16, 2021

Los Angeles import volume sinks as the traffic jam offshore soars

When America’s import demand is this high, how can volumes into America’s largest container port fall this much?

FreightWaves • December 15, 2021

Video: Supply chain squeeze ‘through most of 2022’

An interview with shipping veteran Jon Monroe on the current state of the trans-Pacific container shipping market.

FreightWaves • December 13, 2021

About that rate relief … ocean shipping costs are rising again

After brief reprieve, trans-Pacific shipping rates head back up, pointing to ongoing supply chain pressure.

FreightWaves • December 13, 2021

Shipping on Wall Street: Is it better to be a pure play or jack of all trades?

Some public shipowners are turning toward more diverse fleets. Others are moving in the opposite direction.

FreightWaves • December 9, 2021

Biden-backed plan to clear California port congestion stalls

Controversial plan to charge for containers lingering on terminals keeps getting delayed. Yet containers still linger.

FreightWaves • December 7, 2021

COVID-era shipping stocks: The (super) good, the bad and the ugly

Container, dry bulk and tanker stocks are down from recent highs. Temporary setback or something more?

FreightWaves • December 5, 2021

It’s official: 96 container ships are waiting to dock at SoCal ports

Marine Exchange now counts ships waiting farther out to sea, confirming just how big the backlog really is.

FreightWaves • December 1, 2021

Ships in California logjam now stuck off Mexico, Taiwan and Japan

Despite claims to the contrary, the ship backlog is not getting smaller. Vessels are waiting on both sides of the Pacific.

FreightWaves • November 29, 2021

Omicron threatens tankers but could extend container shipping boom

Here’s how omicron variant could impact tanker, container and dry bulk shipping rates.

FreightWaves • November 24, 2021

California ship pileup still piling up — but out of sight, over horizon

Record number of container ships waiting but they’re harder to see, as new plan spreads queue across Pacific.

FreightWaves • November 22, 2021

Ship fuel price highest since 2013, ‘scrubber spread’ widens

Price of low-sulfur fuel is rising faster than high-sulfur fuel. Ships with scrubbers stand to gain.

FreightWaves • November 19, 2021

Peak season over: Container-ship arrivals in Southern California sink

Ship arrival data confirms seasonal import surge to Southern California has ebbed — even as port congestion has risen.

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 15, 2021

Last-minute reprieve: LA/LB delays pulling trigger on congestion fee

Los Angeles and Long Beach hold off on charging highly controversial fee on import containers.

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.