Zim

With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.

Digitization can alleviate supply chain glitches, but it depends on systems that talk the same language.

Ocean carrier ZIM now expects to earn $4.8 billion-$5.2 billion this year — five times what it earned in 2020.

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.

An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry

Ocean carriers could make up for two decades’ worth of losses in a single year as demand overwhelms vessel supply.

TRAC Intermodal details in a case study how it partnered with ZIM Integrated Shipping Services to develop a dedicated chassis pool at the ports of Los Angeles and Long Beach.

Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.

From A.P. Møller – Maersk to ZIM, the world’s shipping lines reported huge profit jumps.

Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.

Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.

Ships at anchor are unlikely to clear by peak season. Congestion is forcing wide-scale voyage cancellations.

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.

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

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

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

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

Maersk and ZIM ships are being deployed in response to “customers’ increased cargo demands.”