1988: The U.S.-Far East container trade will undergo a significant drop in growth over the next few years, according to a study recently completed by the research firm of Temple, Barker & Sloane Inc.
California calls on feds to protect exporters. Shipping groups claim California export cure will worsen congestion — including for importers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Container lines score huge negotiating advantage as spot-rate surge set to persist through annual contract season.
Wall Street volatility is top of the headlines, but what about maritime shipping volatility? Steve Ferreira breaks down what you need to know before the ocean market gets flooded too.
ZIM just completed the first U.S. shipping IPO in over five years. Here’s a look back at shipping’s wild multidecade ride on Wall Street.
Asia-U.S. liner sailings are now being canceled because too many container ships are stuck at anchor off California.
In Africa, one seafarer is dead and 15 have been kidnapped. Worldwide, more seafarers are being barred from travel as COVID fears rise.
Nearly 700 dockworkers in California have COVID. Hundreds more are out due to quarantines. Pleas for fast-track vaccinations intensify.
Ocean carrier ZIM has hiked its fleet capacity with new charters and is planning to price its New York IPO next week.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Asia-West Coast spot rates are up 173% year on year. Rail and trucking volumes from ports are up double digits.
Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
There are more container ships stuck off California than at any time since 2004. What’s behind the pileup? When can it be cleared?
Even after a wave of just-ordered container ships is delivered by yards, cargo shippers are unlikely to see lower freight rates.
A Biden administration teamed with a Democratic Congress should lead to even more stimulus, a recipe for even more container imports.
Like clockwork, liner operators sharply reduce their sailings each year during the Chinese New Year holiday. Not in 2021.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Successful IPO by ZIM would offer investors direct exposure to trans-Pacific freight-rate craziness, but not without risks from debt load.
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.
A look back at 2020’s shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
Chances slim for 2021 shipping equity offerings, but a container-liner IPO prospect remains on the table.
Container imports far exceed sales, raising concerns that 2020’s transport binge could lead to a big headache in 2021.
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.
Shipping containers are known for their long-term durability — here’s a closer look.
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.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Vaccine distribution won’t delay deliveries of your Honey Baked Ham and toilet paper, says CNBC’s Lori Ann LaRocco.
The trans-Pacific surge will persist through Q1 and January could see all-time-high container volumes, predicts Flexport’s Nerijus Poskus.
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?
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
There will be no letup in booming container imports in 2020. The only question now is how long it lasts into 2021.
First, Spire collects the ship-movement data from orbit. Then algorithms use that data to reveal the patterns of global shipping.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Panama Canal congestion is not impeding transits of container ships but it is pumping up spot rates for LNG and LPG carriers.
The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
Ocean Audit founder and CEO Steve Ferreira talks latest maritime shipping trends on Black Friday.
Bulk soybean and corn exports are way up, but containerized ag exports are waylaid by equipment shortfalls and Chinese inspections.
Mirroring bullish comments by Maersk and Hapag-Lloyd, container line CMA CGM reports a strengthening market in the fourth quarter.
As COVID hospitalizations surge and business restrictions mount, could U.S. importers be overshooting the mark?
Tight container market, COVID-19 pandemic concerns and sufficient network capacity are among top concerns of some grain shippers.
Maersk confirms that cargo demand looks strong through year-end, bucking the usual seasonal trend.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Hapag-Lloyd sees strength until “at least Chinese New Year” and a challenge to “get containers where they need to be.”
There are not enough containers in China to handle all the U.S.-bound cargo — and box factories are now sold out into Q2.
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.
The trans-Pacific capacity crunch continues. Container volume that’s either inbound to Los Angeles or stuck at anchorage is surging.
U.S.-listed carrier reveals the latest on trans-Pacific holiday rush, restocking, e-commerce spike and port congestion.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The trans-Pacific market is bursting at the seams as shippers rush in holiday cargoes.
More recovery signals: container lease pricing up over 50% versus second quarter, new container prices up 40% year-to-date.
High cost of repositioning reefer equipment is hitting food exporters hard amid ongoing tariff fallout.
German forwarder says acquisition will expand its global business in handling nonhazardous bulk liquids such as alcoholic beverages and edible oils.
The ocean container industry association files an agreement with the U.S. Federal Maritime Commission to ensure its collective activities do not violate the Shipping Act.
The Agriculture Transportation Coalition, together with TradeLanes, surveys hundreds of American shippers about the cost to their bottom lines of uncommunicated earliest return dates from ocean carriers.
Port Call Data Definitions guide is available for free download.
On a collision course: holiday timing, surging consumer demand, thin inventories, and capacity constraints for container liners and ports.
Sequel to “The Shipping Man” asks whether ESG will kill the old-school style of traditional shipowners.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Cargo mix and larger locks kept Panama Canal volumes rising despite headwinds.
A “blue sweep” win for Democrats could be good for container ships, bad for tankers.
Listed carriers are poised to post stellar third-quarter numbers on higher rates and volumes.
1973: This will be Sea-Land’s 2nd container crane at Jacksonville and the 3rd in operation at the port.
Banks, charterers, shipowners and governments want to clean up ocean transport. Not necessarily in the same way.
Shipping CEOs see an increasing risk of a global economic crisis in the decade ahead.
The inability of ocean carriers to timely inform shippers of schedule changes results in costly logistics disruptions and potential for lost international sales.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
‘Get ready for the biggest restocking cycle on record,’ says Jefferies.
The French shipping giant’s network is down.
Marine fuel prices are down 30% year-on-year despite the IMO 2020 regulation.
Bullish signal: Strong demand for box equipment extends into 2021.
Analysts point to upside prospects for container-ship stocks as charter rates rebound.
Ocean shipping stocks remain mired in a sea of red. A bad year is getting worse.
China could decide enough is enough if trans-Pacific rates rise too high.
New Panjiva survey reveals extent of coronavirus fallout on global supply chains.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
As prosecutors rack up guilty pleas in 2019 case, more coke crosses via ship from South America to Europe in 2020.
U.S. importers now paying three times more per mile than Europeans for transport of Chinese goods.
CMA CGM bonds that traded at 55 cents on the dollar in March are now trading near par.
McKinsey warns that global shocks will become more frequent and shippers must improve the resiliency of their supply chains.
Layoffs loom. Maersk maintains changes are not about cutting costs amid COVID, but about improving service.
U.S. importers turn to Chinese sellers in the wake of COVID.
Good news: Ocean volumes are recovering from COVID.
New normal for container shipping: active capacity management and digital spot bookings.
COVID-19 could ignite geopolitical clashes and cause “meltdown” in U.S. consumer demand.
Asia-U.S. ocean freight rates are hitting record highs as import demand outpaces vessel supply.
Ports on the Atlantic are losing imports from Europe as well as Asia.
The U.S. Federal Maritime Commission found during its Fact Finding 29 investigation that the Port of New York and New Jersey showed supply chain resolve during the coronavirus pandemic.
Project will increase available ship capacity within two years.
The new unit can pass over stacks of boxes four high (48 feet) and five wide (plus a truck lane, a total of 69 feet).
New data reveals just how far ship orders have sunk. The fewer ships ordered, the higher future rates could climb.
Delivering on promise will mean fewer headaches and delays, container shipping line says.
A new interview with AgTC’s Peter Friedmann on how China COVID fears affect U.S. food exports.
U.S. shippers importing cargo from Asia are getting some price relief.
Global trade fallout from the crew-repatriation crisis has begun — and looks poised to snowball.
