FreightWaves Ocean
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Maritime
Inflation alert: Container ship owners see boom through 2022
Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.
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Company earnings
Container shipping’s ‘hockey stick’: Liner profits just keep on climbing
As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.
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Maritime
China port congestion falls sharply, trans-Pacific shipping rates retreat
Pullback in trans-Pacific shipping rates: beginning of the end or brief reprieve with end still not in sight?
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Maritime
Yet another worry: Price of ship fuel is now highest since 2014
Cost of fuel consumed by container ships, bulkers and tankers is effectively at a seven-year high.
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Maritime
OceanWaves: Los Angeles port boss lays out congestion-fighting plan
Los Angeles is at the front line of the port congestion crisis. Its executive director outlines his strategy to clear anchorages.
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Maritime
Ship at anchor off California ports may have caused major oil spill
How will public view ships anchored off Los Angeles/Long Beach if one of them is tied to Huntington Beach spill?
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Maritime
Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal
Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.
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Maritime
How supply chain chaos and sky-high costs could last until 2023
With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.
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Maritime
Despite exodus of empty containers, US exports are hitting new highs
Containerized exports continue to struggle but overall, U.S. exports are rising. Sales are at record levels for some commodities.
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Maritime
Power crisis deepens in Asia and Europe: What it means to shipping
As some Chinese factories go dark, more delays for container imports but bullish sign for coal, LNG and oil shipping.
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