Costamare
-
Maritime
Inside container shipping’s COVID-era money-printing machine
Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.
Read More » -
Maritime
Container ship scores ‘off the charts,’ ‘fantasy’ charter rate: $135,000/day
Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.
Read More » -
News
Which shipping stocks rose the most in wake of COVID pandemic?
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Read More » -
Company earnings
ZIM: US importers buckle, sign contracts early, pay 50% more
Ocean carrier ZIM just released record results and confirmed huge gains for contract rates. So why did its stock sink?
Read More » -
Container
Inside the now-booming business of building container ships
Newbuild-to-fleet ratio now 15.3%, up from 9.4% in mid-2020. But orders are not high enough yet to wave red flags.
Read More » -
Maritime
Full steam ahead for Wall Street’s shipping stocks
Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.
Read More » -
Container
Don’t expect rate relief from container-ship order spike
Even after a wave of just-ordered container ships is delivered by yards, cargo shippers are unlikely to see lower freight rates.
Read More » -
Maritime
Liner capacity control and the future of container shipping
Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?
Read More » -
Company earnings
Q3 stock recap: Ocean shipping’s winners and losers
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
Read More » -
Company earnings
LA box signal spikes and charter rates go ‘through the roof’
The trans-Pacific capacity crunch continues. Container volume that’s either inbound to Los Angeles or stuck at anchorage is surging.
Read More »
