Minus $7,400 a day? How can shipping rates fall below zero?
Tanker and bulker spot rates can go sub zero — some tanker rates are there now. What do the negative numbers really mean?
Tanker and bulker spot rates can go sub zero — some tanker rates are there now. What do the negative numbers really mean?
Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.
Anchorages are filling up with ships off multiple ports — not just California’s. Yet the reasons behind the traffic jams are not always the same.
How does California congestion rank versus 2015 logjam caused by tensions with dockworkers union? It’s not even close: 2021 wins by a long shot.
Analysts tally tanker fallout after OPEC+ stuns market with decision to hold the line of production cuts.
If ocean freight rates have legs, analysts see much more room for the secondhand ship values to run — which should, in turn, boost stocks.
Today’s container market chaos underscores the need for enforceable ocean contracts as opposed to loose agreements, argues consultant Tom Craig.
The bosses of public dry bulk shipping companies claim that recent market oddities point to good times ahead.
Evan Efstathiou discusses why VCs are looking to invest more in maritime just as shipowners are looking to partner more with startups.
It’s not just small and midsized importers that face massive contract rate hikes. Even the biggest shippers will feel the pain.
One of the largest players in public LNG shipping, GasLog Ltd., plans to give up its NYSE listing. Will more shipowners opt to go private?
Crude and product tanker rates are bouncing along the bottom. As one analyst put it, “There’s only one way to go from here.”
Cargo shippers hamstrung by the global container shortage should not expect a box building spree in China to come to their rescue.
It’s not just container stocks rising. Shipping stocks are up for everything from bulkers to tankers to gas carriers.
More venture capital flowing to maritime tech startups – and more shipping companies giving those startups a trial run.
Here’s a helicopter view courtesy of U.S. Coast Guard of container-ship armada off Los Angeles and Long Beach (WITH VIDEO).
ZIM, newest Wall Street shipping entrant, is riding wave of record-high freight rates. Shares fully recovered from rocky start.
Maersk, the world’s largest container carrier, just reported record quarterly results. And its next quarter looks even better.
Long grind ahead for crude tankers: Executives and analysts don’t see recovery until second half — if not later.
California calls on feds to protect exporters. Shipping groups claim California export cure will worsen congestion — including for importers.