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.
Even environmentally indifferent consumers want sustainable shipping options
Response vessels continue to recover oil while shoreline teams continue to mitigate impacts.
Maersk results offer more evidence that capacity constraints and U.S. — not worldwide — demand drive rates.
“Be careful what you wish for,” warns industry expert Lars Jensen of proposals to rein in container shipping’s boom.
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.
The scramble for container capacity is growing even more intense
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.
The numbers are in on shipping executive pay – and they’re big
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.
