How invasion of Ukraine could ease shipping logjam off US ports
Invasion and price spikes could destroy demand, weaken consumer confidence and curb cargo volumes, warns BIMCO.
Invasion and price spikes could destroy demand, weaken consumer confidence and curb cargo volumes, warns BIMCO.
The cost of the fuel consumed by the world’s commercial ships has skyrocketed — and it’s still rising.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.
The container port business is booming and the big are getting bigger, particularly in China.
There are now more container ships waiting off East and Gulf Coast ports than there are off Los Angeles/Long Beach.
Tanker and dry bulk trades could be disrupted; container shipping faces heightened risk of cyberattacks.
The more ocean shipping is in the news, the more attention it gets from tech founders and investors.
After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.
Jefferies analyst Randy Giveans maintains that container shipping stocks still have a lot more room to run.
Xeneta CEO Patrik Berglund explains how carrier negotiating power has changed the annual contracting equation.
Long-term contract rates are at record highs. Shipping lines hold all the cards at the negotiating table.
COVID container boom continues: Maersk may earn even more this year than in record-trouncing 2021.
The number of ships waiting off Los Angeles/Long Beach fell 23% over the past week.
The cost of ship fuel looks like it’s about to topple records set in 2012 and 2008.
Accusations fly as shipping lines rake in billions, but the numbers imply more carrier competition, not less.
Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.
Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
SoCal imports suffering multimonth slide, not because of falling demand, but because of supply chain bottlenecks.