A cruel summer for shipping stocks as tide turns
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
The container crisis continues and Steve Ferreira looks for relief.
Industrial chemicals, petroleum coke and dry bulk led the way in June
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.
Total June container volume was 292,627 TEUs, a 39% increase compared to the same month in 2020.
Wave of cargo delayed by COVID outbreak in Yantian, China, is starting to hit California’s already strained terminals.
The Federal Maritime Commission has partnered with the DOJ to pursue competition violations.
An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry
More than 3 months after getting stuck in Suez Canal, container ship, cargo and crew are moving again
The Upside Down is a parallel universe inhabited by the Demogorgon in the Netflix series “Stranger Things.” In the real world, shippers that don’t want to get eaten by ocean carriers are fleeing to air cargo.
New disclosures by lines point to massive ocean-carrier profits in the second quarter.
Biden’s executive order calls on the Justice Department to help regulators monitor pricing practices and anticompetition in the container shipping and rail sectors.
McCarthy Construction Cos. has been awarded three projects to help handle growing cargo volumes on the Texas Gulf Coast.
More box ships, bulkers and tankers are changing hands than ever before — good news for ship values and stocks.
Ocean carriers could make up for two decades’ worth of losses in a single year as demand overwhelms vessel supply.
California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes … what’s next for container shipping?
Experts say disruption to the supply chain caused by the coronavirus crisis has been challenging for manufacturers of all sizes, particularly smaller companies.
The Louisiana International Terminal will be capable of handling 2 million twenty-foot equivalent units annually.
More problems loom for importers of Asian containerized goods and tanker slump could last even longer.