Ocean shipping

Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.

Importers are scrambling as demand sails past ocean transport supply. The numbers paint an ominous picture for cargo shippers.

COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.

Chinese container production still trails torrid demand. Ever Given accident was ‘icing on the cake’ — making box shortfall worse.

Now that shipping lines hold the pricing cards, importers must reset strategies, says Sea-Intelligence’s Jochen Gutschmidt.

West Coast congestion could last into the fall as retailers face stockouts on essential goods, says ocean carrier Matson.

Trans-Pacific container crunch is about to become even more severe, warns Flexport, with May sailings now effectively sold out.

Liners are paying historically high rates to charter ships and maximize their exposure to the booming freight market.

U.S. importers will be paying a lot more for annual ocean contracts this year, but pricing inflation has eased.

Dry bulk shipping rates are now double to triple five-year averages. Stock prices of dry bulk owners are on the ascent.

Savannah’s record March underscores why it’s investing hundreds of millions on new capacity upgrades.

U.S. ports just booked their largest import hikes in memory, according to The McCown Report.

Imports into Los Angeles at not slowing down. Can the backlog be cleared before the peak-season swell begins?

More than a third of the crew on the MSC Gayane smuggled cocaine in June 2019. The first prison term has just been handed down.

As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.

Container shipping spot rates haven’t budged from COVID-fueled peaks. Cargo shippers’ hopes for a rate pullback are fading.

Glimmers of hope for the beaten-down tanker sector: more OPEC+ crude production and more long-haul exports from the U.S. to India.

Days after Ever Given backlog was declared cleared, the number of ships waiting to transit the Suez Canal remains high (with video).

FourKites CEO Matthew Elenjickal explains the importance of value-adding tools.

Twenty tons of coke was found aboard an MSC ship in 2019. MSC just revealed that it’s spending $100 million more on security in response.