Tankers stocks are doing great. Dry bulk and container stocks temporarily stopped the bleeding. “Maxim stocks” still underperform.
Port congestion and voyage cancellations by shipping lines are preventing a steeper slide in spot container freight rates.
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
NOAA Fisheries aims to reduce whale strikes on the East Coast of the United States with new vessel speed regulations.
Chinese military exercises in the Taiwan Strait will delay shipments. Further escalation could have dramatic supply chain effects.
Container shipping giant Maersk sees continued strength in U.S. imports and ongoing supply chain disruptions globally.
The drop in ships waiting off Southern California is deceiving. The number of ships off all three coasts is back to all-time highs.
Shipping lines are still racking up extraordinary profits. Hapag-Lloyd forecasts continued strength in the second half.
Fallout from the Ukraine-Russia war and concerns over power supply in Europe and Asia support demand for seaborne coal.
Last year was historically strong for some maritime businesses, terrible for others. No matter what the sector, maritime CEOs made millions.
Exhaust gas scrubbers are allowing tankers, bulkers and container ships to keep burning dirtier — and much cheaper — marine fuel.
Cargo vessels allegedly are meeting at sea to transport stolen Ukrainian grain to Turkey and Syria.
America’s goods imports hit a capacity ceiling during the COVID-era boom. Volumes are still bouncing around near the top.
Tankers are very busy loading up with American crude oil and refined products sold to overseas buyers.
Container shipping spot rates continue to ease but are still many times higher than they were pre-pandemic.
After a record year of freight demand in 2021, carriers playing in the spot market benefited from a blank check when naming rates. The federal stimulus enabled consumers to pay […]
Peak season imports are expected to remain strong but rail delays require ‘immediate’ attention, says Port of LA’s Gene Seroka.
Congress introduced a bill to protect the health of port communities and address climate and environmental justice issues.
From crude tankers to product carriers to dry cargo ships, the largest vessels are earning less than their smaller counterparts.
Southern California ports can’t evacuate import containers fast enough. The backlog has yet again reached critical levels.
There were 125 container ships waiting offshore on Friday, including 36 off Savannah, 24 off Southern California and 20 each off Houston and New York.
Orderbook nears 30% of container-ship capacity on the water
In the second quarter, new highs were set for Cosco profits, OOCL revenue per container, and Evergreen operating revenues.
The number of import containers sitting at LA/LB terminals for nine days or more has more than doubled since February.
A shipping researcher dubbed July 1 “Bloody Friday” due to a large drop in stock prices for several shipping companies.
Spot freight rates are easing, but in a sign of resilience, container-ship charter rates remain near all-time highs.
A flood of newly built container ships will be delivered by shipyards in 2023-25. Can liners maintain pricing power?
Container shipping rates remain far above pre-COVID levels, yet there are more signs of prices easing.
The first half has been phenomenal for product tankers. How much of shipping upside is due to the war?
The drowning of over 15,000 sheep off Sudan is just the latest in a very long line of black marks for livestock shipping.
Retail sales are still up double digits compared to pre-COVID. Inventory-to-sales ratios have yet to fully recover.
America’s peak cargo importing season will start early this year, by the end of this month, says the Port of Los Angeles boss.
Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.
May was one of the busiest months in history for the container ports of Long Beach and Charleston.
Major retailers like Target, Walmart and Amazon are suddenly packed with inventories. It’s a whiplash that’s spooking investors.
EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.
The supply chain challenges we are all hearing about today likely bear little resemblance to those we envisioned at the beginning of 2020. The COVID-19 pandemic caused chaos across every […]
CMA CGM, the world’s third largest liner company, froze spot rates in September-January, yet its revenue per container kept rising.
It took longer than expected, but the IMO 2020 investment pitch — save on ship fuel by installing scrubbers — is paying off big time.
An expert reveals what’s wrong with ocean shipping giants. Consumers are footing the bill for their massive profits.
The number of container ships waiting off Los Angeles/Long Beach recently sank to 25, the lowest tally since July 2021.
Tankers are loading up on American crude, diesel and gasoline exports. Can the free market withstand political pressure?
Without sanctions, tankers will keep loading Russian oil. ‘We’re not taking a moral high ground,’ says Frontline’s CEO.
Safety stats show resilience despite aging ships, cut corners on maintenance and rising pressure on seafarers.
East Coast gasoline inventories are alarmingly low. Gasoline imports from Europe could help but may not be enough to fill the gap.
How data-driven decision-making can help shippers stay ahead in times of volatility
It has been a terrible year for the stock market, a great one (so far) for product tanker and dry bulk shipping stocks.
Megaships are helping cause our current supply chain chaos. Big container boats have hampered competition and clogged up ports.
Zim continues to outpace growth rates of rival container shipping lines, but investor demand fears are on the rise.
Container shipping spot rates are easing, at least temporarily, and far fewer ships are stuck waiting off U.S. ports.
Ocean carrier Hapag-Lloyd sees consumer demand and spot rates slipping, with market highs in the rearview mirror.
First came a pause in cargo bookings to Russia. Now, ocean carriers have halted almost all of their Russian port calls.
Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.
The pain at the pump keeps getting worse. Bad news for consumers. Good news for owners of refined product tankers.
‘Right now, we don’t see a huge buildup of volumes because of the closedown in Shanghai,’ reports Maersk CEO Soren Skou.
Emerge, a tech startup based in Scottsdale, Arizona, is showcasing its AI-powered, dynamic Freight Procurement platform as part of its seven-minute live demo during The Future of Supply Chain event in Northwest Arkansas.
New container prices, new production, lease rates, lease durations and used container prices are all down.
As part of FreightWaves’ The Future of Supply Chain event, Redwood Logistics will demonstrate efficient and reliable ways to build data pipelines.
Container-ship transits of the Panama Canal are up as liners favor the East Coast. LNG transits are down as U.S. gas heads to Europe.
Parcel data is incredibly complex. Shippers often don’t know how to begin working with this data because it cannot be properly visualized via traditional methods like Excel spreadsheets.
New reports from Maersk, Kuehne+Nagel and Drewry point to an ongoing boom for container shipping lines.
Retail stock pickers seem increasingly nervous about shipping. Shares of dry bulk, tanker, container and mixed-fleet owners all fell.
Throughout its successful, 20-year history, Acuitive Solutions has taken the road less traveled by not trying to be all things for all customers.
The Shanghai lockdown isn’t following the same supply chain script as the big Chinese disruptions of 2020 and 2021.
Solving the reverse logistics problem is a key part of growing digital sales
The trans-Pacific container trade is vastly different than pre-pandemic, with more ships, more competition, and a new leader: Maersk.
Russian imports via ocean, truck, rail and air are now being simultaneously squeezed. Shipping data shows growing pressure.
Tanker, bulker and LNG shipping stocks rise as domestic freight and container stocks face pressure.
With e-commerce returns growing, retailers have plenty of opportunity to make shoppers loyal customers.
The future of global supply chains is in flux. The pandemic was a game changer. Then came the war.
America’s largest container port, Los Angeles, just posted the best March and best first quarter in its history.
The debate heats up on whether this is the beginning of the end of container shipping’s bull run.
The biggest deal in tanker shipping history would merge Euronav and Frontline, but consolidation is no panacea.
Freight Intel brings all shipping activities onto one platform, allowing shippers to access all their data in seconds.
Companies that have historically treated drayage and other inland transportation services as an afterthought will need to shift this mindset in order to survive in the current maritime environment.
Direct-to-consumer tech provider ESW is partnering with UPS to offer e-commerce brands quicker access to cross-border shipments.
The average percentage of ocean carrier invoices with missing or wrong information jumped from a historical average of 18% to over 45% in 2021.
RH confirms sharp drop in demand since Russia-Ukraine war and sees no supply chain relief.
Charter rates hold steady at their peak as the seemingly neverending container shipping boom continues.
U.S. LNG cargoes were already flooding toward Europe months before the new deal. Real progress seems years away.
Some shipping shares are rising because of war tailwinds. Others are rising despite war headwinds.
Cost of shipping crude oil remains cheap, but tanker rates could jump if the war doesn’t end by fall.
Ship-position data shows a fleet of LNG carriers en route to Europe amid scramble to bolster energy supply.
Congestion could go from bad to worse as liners steer a record number of container ships toward East Coast ports.
California ports make progress on bottlenecks, but Chinese lockdowns could spur “hockey stick” import rise.
COVID lockdowns haven’t closed Chinese ports yet. If they do, U.S. importers face “shockwave” of higher rates and delays.
The supply chain of the 21st century is still clogged with paper and an inefficient flow of information. Logistics companies cannot move to the brave new world of a digital supply […]
Rising sea levels and increasingly extreme weather are expected to cost ports and shippers billions of dollars annually.
COVID has been great for container shipping, terrible for cruising. What does this mean to MSC, which is big in both?
As shippers move to digitize their documents and automate their processes, they should focus on making sure both efficiency and accuracy benchmarks are met. One document processing error can sideline an entire shipment, undermining profitability and customer satisfaction.
Liner company Zim expects to rake in a billion dollars more this year than in record-setting 2021.
In a constrained market environment like the one seen over the past couple of years, shippers are always looking to cut costs and gain more bargaining power. That makes granular insights more important than ever.
Invasion and price spikes could destroy demand, weaken consumer confidence and curb cargo volumes, warns BIMCO.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
The container port business is booming and the big are getting bigger, particularly in China.
There are now more container ships waiting off East and Gulf Coast ports than there are off Los Angeles/Long Beach.
Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.
“Partnering with Bunker Holding will accelerate the marine industry adoption of biodiesel to achieve aggressive carbon reduction goals,” said Bob Kenyon, senior vice president of sales and marketing at REG.
