LPG shipping rates hit 5-year high, topping $100,000 a day
It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
Bulk soybean and corn exports are way up, but containerized ag exports are waylaid by equipment shortfalls and Chinese inspections.
There are not enough containers in China to handle all the U.S.-bound cargo — and box factories are now sold out into Q2.
U.S.-listed carrier reveals the latest on trans-Pacific holiday rush, restocking, e-commerce spike and port congestion.
China could decide enough is enough if trans-Pacific rates rise too high.
U.S. importers now paying three times more per mile than Europeans for transport of Chinese goods.
McKinsey warns that global shocks will become more frequent and shippers must improve the resiliency of their supply chains.
U.S. importers turn to Chinese sellers in the wake of COVID.
COVID-19 could ignite geopolitical clashes and cause “meltdown” in U.S. consumer demand.
A new interview with AgTC’s Peter Friedmann on how China COVID fears affect U.S. food exports.
Most floating storage has yet to be unloaded while delays in China are mounting.
“Optics” are bad but freight pricing doesn’t appear to meet regulatory bar for intervention.
Global trade fallout from the crew-repatriation crisis has begun — and looks poised to snowball.
New data reveals third-quarter ocean schedules still largely intact — a positive sign on cargo bookings.
Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.
COVID effects far from over, but more positive news on the trans-Pacific.
What the war of words between the U.S. and China means to ocean shipping.
Box import volumes may be falling fast, but there are glimmers of hope.
IHS Markit’s Paul Bingham predicts sustained 2020 weakness and higher long-term costs.
Some believe Capesize rates will remain depressed. Others see light at the end of the tunnel.