Worries mount for crude tankers: dividend cuts, the pandemic, a stubborn floating-storage hangover … and now newbuild chatter.
Bulk soybean and corn exports are way up, but containerized ag exports are waylaid by equipment shortfalls and Chinese inspections.
Mirroring bullish comments by Maersk and Hapag-Lloyd, container line CMA CGM reports a strengthening market in the fourth quarter.
As COVID hospitalizations surge and business restrictions mount, could U.S. importers be overshooting the mark?
Maersk confirms that cargo demand looks strong through year-end, bucking the usual seasonal trend.
“Winter is Coming” is a warning in House Stark and usually a blessing for tankers. But there’s nothing usual about 2020.
Hapag-Lloyd sees strength until “at least Chinese New Year” and a challenge to “get containers where they need to be.”
There are not enough containers in China to handle all the U.S.-bound cargo — and box factories are now sold out into Q2.
Here are some examples of eco-friendly packing fillers.
The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.
The trans-Pacific capacity crunch continues. Container volume that’s either inbound to Los Angeles or stuck at anchorage is surging.
Euronav exec curses crude-tanker market (literally). Scorpio exec pitches product-tanker promise and throws shade at crude side.
A look back at the days after the 2016 presidential election and the strange case of “The Donald Trump Shipping Stock Boom.”
U.S.-listed carrier reveals the latest on trans-Pacific holiday rush, restocking, e-commerce spike and port congestion.
Positive COVID recovery signal: LNG shipping is behaving normally again, with a typical seasonal spike.
Kirby tops earnings expectations on lower costs despite COVID and hurricane hits to demand.
The trans-Pacific market is bursting at the seams as shippers rush in holiday cargoes.
What happens next at the IMO will affect oceangoing ship capacity — and freight rates — for decades to come.
More recovery signals: container lease pricing up over 50% versus second quarter, new container prices up 40% year-to-date.
High cost of repositioning reefer equipment is hitting food exporters hard amid ongoing tariff fallout.
