Maritime
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Container shipping is about to report blockbuster Q1 earnings
As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.
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Could container shipping rates stay this red-hot until 2022?
Container shipping spot rates haven’t budged from COVID-fueled peaks. Cargo shippers' hopes for a rate pullback are fading.
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Light at end of the tunnel for battered tanker trade?
Glimmers of hope for the beaten-down tanker sector: more OPEC+ crude production and more long-haul exports from the U.S. to India.
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Port of Long Beach smashes container records in March
If you ordered a fire pit or a rowing machine online, there’s a good chance it’s coming through the Port of Long Beach. The port…
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Suez Canal still not back to normal — but it’s getting closer
Days after Ever Given backlog was declared cleared, the number of ships waiting to transit the Suez Canal remains high (with video).
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Maritime regulators dive into alleged tariff-fee overcharges
“Widely varying” tariff fees charged by container lines have prompted federal regulators to consider new rules.
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MSC Ariane experiences engine problem en route to LA
Pearl service customers’ imports likely will be delayed arriving from Asia.
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South Carolina Ports breaks all-time container record
“Our all-time container record reinforces that we are adding more capacity to the Port of Charleston at the right time,” says South Carolina Ports CEO…
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FreightWaves Classics: Northwest Seaport Alliance is first of its kind
Container cargo is stacked at the Port of Seattle. Note the Space Needle in the background. (Photo: Northwest Seaport Alliance)
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How shipping giant MSC reacted to billion-dollar cocaine bust
Twenty tons of coke was found aboard an MSC ship in 2019. MSC just revealed that it's spending $100 million more on security in response.
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