Carrier capacity cuts send trans-Pacific rates into orbit
By artificially restricting capacity, carrier alliances have engineered rates higher and may book a profit this year.
By artificially restricting capacity, carrier alliances have engineered rates higher and may book a profit this year.
More forgiving sanctions approach would avoid rate surge seen after COSCO sanctions.
New court documents shed light on a shipboard drug ring.
New data reveals third-quarter ocean schedules still largely intact — a positive sign on cargo bookings.
Ships could be idled as thousands of seafarers refuse contract extensions.
Institutional sellers offset retail buyers of supertanker stocks.
Warning sign for tanker investors as US crude exports begin to reverse course.
An exclusive interview with Samir Madani, co-founder of TankerTrackers.com.
Global trade could be the next casualty if the virus resurges, warns OECD.
COVID effects far from over, but more positive news on the trans-Pacific.
The stock market is back to pre-COVID levels. Shipping shares still have some catching up to do.
Banner day on Wall Street buoys tanker names as pressure builds.
An exclusive interview with Sea-Intelligence CEO Alan Murphy on how canceled sailings can signal future demand.
Trump administration seeks to squeeze crude exports from Venezuela.
What the war of words between the U.S. and China means to ocean shipping.
Lessons learned from shipowner woes in the wake of the global financial crisis.
Operator of Staten Island terminal spurned by container giant is not giving up without a fight.
Coronavirus hit to Brazilian exports is a nightmare scenario for dry bulk — and cases in Brazil are mounting fast.
Rates for ocean transport of propane could surge if the worst of the coronavirus crisis is past.
Fewer sailings will be canceled starting in July but that won’t help restock shelves in June.
Tanker owners increasingly point to upside to come after floating storage unloads.
An exclusive interview with Deutsche Bank’s Amit Mehrotra on what COVID-19 means to transport stocks.
The more sailings cancelled, the more risk to companies leasing container ships to carriers.
Good news: Vaccine shows promise. Bad news: Floating storage economics vanish.
Box import volumes may be falling fast, but there are glimmers of hope.
“Nowcasting” platform uses ship-tracking data to detect coronavirus fallout.
Future cargo flows at escalating risk from inaction on stranded seafarers.
World’s largest box carrier expects capacity cuts to mitigate volume downside.
As ships sail full in May, the hope is that fewer 3Q sailings get the ax.
The dry bulk market is getting hammered again — not a positive signal on the global economy.
Diamond S boss sees tanker-market “trough” on the horizon.
There’s still too much oil in the world and tankers are still filling up with the overflow.
Are larger funds now heading for the exits and giving up on tanker stocks?
Public tanker owners post impressive earnings on an ugly day for tanker stocks.
Kirby Corp pulls 2020 guidance but inland barge utilization is still strong at 90%.
New data from eeSea reveals that U.S. ports will see capacity plunge by up to 20% this month.
Liners could scrape bottom over next two months, then recover.
Shipping analyst Michael Webber sees tanker-stock upside if coronavirus recovery falters.
Industry sage Martin Stopford dives deep into the future of global trade.
Judge gives Maersk go-ahead to jump ship from GCT terminal in Staten Island.
Refined-product tankers join crude tankers in era of epic earnings.
IHS Markit’s Paul Bingham predicts sustained 2020 weakness and higher long-term costs.
Tensions in the Strait of Hormuz have always been good for tanker rates and stocks — until now.
Maersk plans sudden switch from Staten Island to New Jersey. The Staten Island terminal is fighting back.
Here it comes: Ports will soon feel full force of canceled box-ship sailings.
U.S.-listed tanker stocks boast double-digit gains on historically awful day for crude-oil pricing.
Bulker rates are rising, but not yet profitable, and market risks abound.
Big April gains at Southern California container terminals are deceiving.
Pandemic yet to heavily impact Caribbean container transshipment but fallout looms.
Pandemic pressures on tourism, oil and textiles squeeze Caribbean cargo demand.
World’s second-largest box carrier resolves its website woes.
Good news for box carriers: Freight rates haven’t collapsed. Bad news: Volumes have.
Ocean shipping post-pandemic: What changes lie ahead for supply, demand, stocks and debt?
Crude-tanker demand should continue to rise. Will stock prices follow suit?
Website and the online booking platform of MSC have gone offline but fallout appears contained.
Cargo flows face worst hit in a century but have potential to bounce back fast.
No collapse yet for ocean container spot rates. In fact, they’re up.
Plunging demand on land has yet to be fully felt by ocean shipping
VC funding has evaporated, wooing new customers is extremely difficult and existing customers’ focus has changed.
Carriers slash even more ocean services in bid to prop up rates as demand crumbles.
Tanker shares fall back as crude-oil prices surge. What comes next?
Coronavirus will inevitably infect more seafarers. How ports respond will be pivotal.
Canceled sailings surge, schedule reliability sinks and import demand evaporates.
As most of the transport sector suffers, crude-tanker owners haul in boatloads of cash.
More booking cancellations equal more ocean-service cancellations equal more delivery uncertainty.
An in-depth look at coronavirus risks to Panama Canal transits.
Some believe Capesize rates will remain depressed. Others see light at the end of the tunnel.
Social distancing will wreak havoc on trans-Pacific and Asia-Europe box volumes.
An exclusive interview with Nerijus Poskus, global head of ocean freight at Flexport.
Ocean shipping has functioned well during the outbreak but pressures are mounting.
Petchem shippers are keeping inland barge owners busy, but upside could be temporary.
America had been on track to become the world’s largest propane exporter until Saudi Arabia opened its crude spigot.
Halt of cruise voyages will slash HFO demand, a positive for cargo ships with scrubbers.
Lois Zabrocky explains how two black swans — the outbreak and oil price war — reshaped the market.
Crude-tanker rates are skyrocketing, but leading analyst Michael Webber urges caution.
Why are share prices and tanker freight rates going in opposite directions?
Investors appear increasingly worried that the coronavirus will spark a global recession with no quick bounceback.
As the world reels from coronavirus, crude-tanker owners are raking in massive returns.
Coronavirus left containers scattered in the wrong ports. Liner companies are trying to get them back into position.
Tanker rates are back in the stratosphere as the Saudis move ahead with production push.
Ship scrubbers no longer equate to big savings on fuel costs. Is this only temporary?
Here’s why tanker stocks are rising as the rest of the U.S. stock market is crashing.
Unprecedented uncertainty will likely delay annual contracts between shippers and ocean carriers.
An exclusive interview with SIA Flexitanks CEO Damien McClean on what’s happening right now with Chinese manufacturing, trucking and ports.
Slashed oil production is bad for tankers, but fallout for container ships hinges on price action.
CargoMetrics data reveals that Chinese port activity has recovered much faster than some had feared.
It has been a particularly rough start of the year for tanker stocks despite exceptionally strong results.
No evidence yet of coronavirus-induced drop in dry bulk rates. Is it coming?
An exclusive interview with Jefferies analyst Randy Giveans on the coronavirus-induced shipping-stock collapse.
As risks surge and stocks plunge, a look at the key coronavirus issues and a rundown of FreightWaves’ coverage to date.
Big data confirms China trade volumes fell off a cliff in the wake of the coronavirus.
Outlook of world’s largest container line hinges on timing of coronavirus containment.
Asian refineries suddenly have too much gasoline, diesel and jet fuel. Buyers in the West are taking the overflow, a plus for product tankers.
The second half of 2020 is shaping up to be either very good or very bad for dry bulk shipping.
Inland trucking slowdown in China leaves port reefer plugs full, blocking refrigerated food imports.
Trade risks will intensify if the virus spreads from China to the global pool of seafarers.
Shipping bosses warn of huge economic knock-on effects from the coronavirus outbreak.
Earnings calls shed new light on how ocean shipping bosses view coronavirus crisis.
An exclusive interview with Matt Heider, CEO of voyage-optimization platform Nautilus Labs.
From container shipping to tanker transport, markets are awash in coronavirus fallout.