California offshore traffic jam, Ever Given, Yantian closure, skyrocketing rates and volumes … what’s next for container shipping?
Rates for smaller bulkers remain at decade highs with most dry bulk stocks up triple digits since November.
There has never been a better time to own container ships and lease them to liners. But some owners are selling ships and cashing out.
Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.
Environmental regs could extend future dry bulk and tanker upside, while consolidation could change curve of container-shipping cycle.
Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.
ZIM is the liner most exposed to upside from America’s import binge. It’s taking full advantage of the situation.
Danaos will stockpile cash from the current boom and spend it on new ships when environmental regs are clearer.
Trans-Atlantic product tanker rates have spiked, but a quick pipeline restart would curb future upside.
Tanker execs explain lack of distress sales and scrapping this time around, and why new orders will be more curtailed.
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.
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.
Dry bulk shipping rates are now double to triple five-year averages. Stock prices of dry bulk owners are on the ascent.
As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.
Glimmers of hope for the beaten-down tanker sector: more OPEC+ crude production and more long-haul exports from the U.S. to India.
‘Bigger is better’ is the mantra of public tanker companies. The just-announced INSW-Diamond S merger is a step in that direction.
The longer the Suez saga continues, the greater the container, tanker and dry bulk shipping impacts. There could be big losers — and winners.
California’s container-ship traffic jam is slightly less jammed but import pressure remains high. One analyst warns the worst may be yet to come.
