FreightWaves Ocean
- Maritime
California ports piling up again: Too many containers sitting too long
The number of import containers sitting at LA/LB terminals for nine days or more has more than doubled since February.
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Container ships still renting for $160,000 a day despite import fears
Spot freight rates are easing, but in a sign of resilience, container-ship charter rates remain near all-time highs.
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Container-ship building spree not over yet; new orders still rising
A flood of newly built container ships will be delivered by shipyards in 2023-25. Can liners maintain pricing power?
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Asia-US container shipping rates are flashing two bearish signals
Container shipping rates remain far above pre-COVID levels, yet there are more signs of prices easing.
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Tankers carrying diesel and gasoline rake in cash amid pain at the pump
The first half has been phenomenal for product tankers. How much of shipping upside is due to the war?
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Livestock shipping strikes again: Death and cruelty on the high seas
The drowning of over 15,000 sheep off Sudan is just the latest in a very long line of black marks for livestock shipping.
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Retail slump? E-commerce sales still ‘stunning,’ clothing ‘crazy hot’
Retail sales are still up double digits compared to pre-COVID. Inventory-to-sales ratios have yet to fully recover.
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Los Angeles port: Peak season coming soon, strong imports ahead
America’s peak cargo importing season will start early this year, by the end of this month, says the Port of Los Angeles boss.
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Batten down the hatches: Shipping stocks ‘unable to escape the torrent’
Bulk commodity shipping stocks held up well before this month. Now they’re falling alongside container shipping stocks.
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Boom times not over yet: US container ports still near highs
May was one of the busiest months in history for the container ports of Long Beach and Charleston.
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