FreightWaves Ocean

Demand for container ships is so extreme that some operators are paying unprecedented sums to rent them.

In unprecedented move, CMA CGM unilaterally halts rate increases until February amid rising global supply chain chaos.

New details on record 2019 cocaine haul aboard MSC Gayane — which may not have been the first run — as U.S. wraps up convictions.

Cosco and MSC fight back against accusations that they inflated rates, violated contracts and broke U.S. law.

More container ships are stuck at anchor off California than ever before. The gridlock is about to get even worse.

As stimulus-fueled demand overwhelms trans-Pacific capacity, a widening freight spread leaves small shippers behind.

Container mega-spike recalls epic dry bulk run over a decade ago. Here’s a look back at the last time shipping had it this good.

Demand for new containers has been historically high. Even so, the Chinese factories that build the world’s boxes are churning them out efficiently.

Extreme measures to contain delta variant create unprecedented backlog of dry bulk ships off China.

Ocean carrier ZIM now expects to earn $4.8 billion-$5.2 billion this year — five times what it earned in 2020.

Port of Los Angeles boss warns: ‘Anchorage and dwell times are trending in the wrong direction.’

Queue of container ships off U.S. ports keeps building, with months’ worth of peak-season cargo still to unload.

Maersk results offer more evidence that capacity constraints and U.S. — not worldwide — demand drive rates.

Los Angeles’ port boss speaks to American Shipper about congestion challenges — and potential release valves.

Container giant earned $5.1 billion in the second quarter and expects earnings of $18 billion-$19.5 billion for the year.

U.S. inventory-to-sales ratio still historically low as key import source — China — faces growing delta variant risk.

Almost no container ships were stuck at anchor when 2020 peak season began. This peak season, terminals are pre-clogged.

Disparities between container index prices wider than ever after big course correction by Freightos.

Despite all-time-high container production, demand continues to outpace supply and new box prices keep rising.

Good news for dry bulk shipping stocks, bad news for decarbonization: The global coal trade is thriving.