Container shipping boom is bleeding over into dry bulk
Formerly containerized cargoes are being loaded onto bulkers. Box-ship orders are keeping future bulker growth in check.
Formerly containerized cargoes are being loaded onto bulkers. Box-ship orders are keeping future bulker growth in check.
Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.
Importers are scrambling as demand sails past ocean transport supply. The numbers paint an ominous picture for cargo shippers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
2001: Several shipping lines are close to ordering the first container ships of 8,000- to 9,000-TEU capacity, but others in the industry are warning of the associated risks.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Chinese container production still trails torrid demand. Ever Given accident was ‘icing on the cake’ — making box shortfall worse.
Now that shipping lines hold the pricing cards, importers must reset strategies, says Sea-Intelligence’s Jochen Gutschmidt.
Trans-Pacific container crunch is about to become even more severe, warns Flexport, with May sailings now effectively sold out.
Some importers are rethinking how to move their products due to the Ever Given’s “very sorry situation.”
Liners are paying historically high rates to charter ships and maximize their exposure to the booming freight market.
U.S. importers will be paying a lot more for annual ocean contracts this year, but pricing inflation has eased.
U.S. maritime regulators are giving ocean carriers and shippers more flexibility to meet contract filing requirements.
Savannah’s record March underscores why it’s investing hundreds of millions on new capacity upgrades.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
U.S. ports just booked their largest import hikes in memory, according to The McCown Report.
Imports into Los Angeles at not slowing down. Can the backlog be cleared before the peak-season swell begins?
As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.
Container shipping spot rates haven’t budged from COVID-fueled peaks. Cargo shippers’ hopes for a rate pullback are fading.
Days after Ever Given backlog was declared cleared, the number of ships waiting to transit the Suez Canal remains high (with video).