FreightWaves Ocean
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Maritime
Container rates rocket even higher — and there’s no end in sight
Container spot rates spiked again, with new records set. For importers, the worst is yet to come.
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Maritime
What $70+ oil means to container, tanker and dry bulk shipping
Rising fuel costs are yet another woe for containerized cargo shippers, while widening spreads should benefit ships with scrubbers.
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Maritime
Top 10 liners control 85% of market — and they’re not done yet
Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.
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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.
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AskWaves
What is the shipping cycle — and can it ever be tamed?
Environmental regs could extend future dry bulk and tanker upside, while consolidation could change curve of container-shipping cycle.
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Maritime
US imports could stall as demand overwhelms trans-Pacific capacity
Retailers at increasing risk of not getting goods from Asia on shelves as ocean transport system hits limit.
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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.
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Maritime
California’s massive container-ship traffic jam is still really jammed
Ships at anchor are unlikely to clear by peak season. Congestion is forcing wide-scale voyage cancellations.
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Container
How three Chinese companies cornered global container production
The containers that U.S. shippers need are all built in China, where factories could set a new production record this year.
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Maritime
FreightWaves LIVE recap: How to cope with ocean capacity crunch
How bad is it? A Vietnam-New York slot was just offered at $19,000 per FEU, reveals Flexport’s Nerijus Poskus.
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