container shipping

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Ocean carrier HMM attributed much of its first-half net-profit nosedive of 90% to overcapacity in the container shipping industry.

Containerized imports are rising seasonally, as expected. This year is on track to top pre-pandemic volumes by low single digits.

Investors in Danaos thought they were buying a container shipping stock. Now they’re invested in dry bulk, too.

After double-digit gains since June, trans-Pacific spot rates have just surpassed contract rates, according to Xeneta data.

Despite upgrading its full-year outlook, container shipping giant Maersk no longer sees a second-half demand rebound.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Shipping lines are seeing higher cargo volumes and successfully integrating newly built vessels into their fleets, says Textainer’s CEO.

“It is extremely difficult to announce a reasonable business forecast at this time,” said ONE, citing container shipping market uncertainties.

Because container liner profits plummeted off an extraordinarily high peak, some carriers are still posting hefty profits despite huge declines.

Two of the top three global logistics powers took a big profit haircut during the second quarter and aren’t very optimistic about a seasonal upturn in shipping.

Cargo volumes were a mixed bag for Gulf Coast ports in June, with Houston reporting container declines, while crude oil shipments boosted Corpus Christi.

After rapidly expanding its fleet during the boom, ocean carrier Zim is backpedaling and shedding ships.

Container lines did not manage post-boom vessel capacity as well as expected. In the trans-Pacific, they may be belatedly getting the hang of it.

Expectations for peak season have waned, but container lines may have bounced off the bottom.

Spreads between high- and low-sulfur fuels are down to pandemic levels and LNG has become much more economical.

Shipowners have invested billions in the LNG fuel option in the belief that it will benefit regulatory compliance and the environment.

U.S. rail imports from Vancouver and Prince Rupert are imperiled again. ILWU Canada has rejected the proposed dockworkers contract.

Shipping stocks in sectors with high deliveries of new ships are doing better than those with low orderbooks.

“I think this acquisition sends the message to the market that we are here to add real value,” said Ship Angel founder Graham Parker.