Ocean carrier ZIM fast-tracks IPO, targets $2 billion valuation
Ocean carrier ZIM has hiked its fleet capacity with new charters and is planning to price its New York IPO next week.
Ocean carrier ZIM has hiked its fleet capacity with new charters and is planning to price its New York IPO next week.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Asia-West Coast spot rates are up 173% year on year. Rail and trucking volumes from ports are up double digits.
Higher fuel prices are bad news for box shippers. Higher fuel spreads are good news for owners with scrubber-fitted fleets.
There are more container ships stuck off California than at any time since 2004. What’s behind the pileup? When can it be cleared?
Even after a wave of just-ordered container ships is delivered by yards, cargo shippers are unlikely to see lower freight rates.
A Biden administration teamed with a Democratic Congress should lead to even more stimulus, a recipe for even more container imports.
Like clockwork, liner operators sharply reduce their sailings each year during the Chinese New Year holiday. Not in 2021.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Successful IPO by ZIM would offer investors direct exposure to trans-Pacific freight-rate craziness, but not without risks from debt load.
Asia-U.S. container rates had held firm at a record high since September. Now they’re on the move again — and headed even higher.
A look back at 2020’s shipping roller coaster: how container sector emerged as ‘surprise rock star’ and tankers peaked early, then plunged.
Chances slim for 2021 shipping equity offerings, but a container-liner IPO prospect remains on the table.
Container imports far exceed sales, raising concerns that 2020’s transport binge could lead to a big headache in 2021.
Will your cargo ship arrive on time? Globally, the chances are now 50-50. In the Asia-U.S. container trade, it’s less than one in three.
Shipping containers are known for their long-term durability — here’s a closer look.
Container flows into U.S. ports have grown faster over the past three months than they have at any other time in the past decade.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Vaccine distribution won’t delay deliveries of your Honey Baked Ham and toilet paper, says CNBC’s Lori Ann LaRocco.
The trans-Pacific surge will persist through Q1 and January could see all-time-high container volumes, predicts Flexport’s Nerijus Poskus.