container shipping

As the war in the Middle East escalates with missile strikes exchanged between Israel and Iran, the closure of the Strait of Hormuz has had an impact on container shipping costs. Container Spot Price Surges In a post on X on Sunday, The Kobeissi Letter shared the trends in shipping prices following...

The impact of shipping disruptions hasn’t yet been felt in global commodity markets, but the companies that are carrying freight around longer routes are certainly feeling the pain. What Happened: Shares in Danish shipping giant Moller Maersk (OTC:AMKBY) were down 15.5% in morning trade in...

On December 7, 2023, prominent figures in the container shipping industry delved into the intricacies of the market’s supply and demand fundamentals, their own company’s strategies, and their outlook on the segment’s outlook during Capital Link’s recent webinar focused on...

Capital Link President Nicolas Bornozis hosted an interview on August 8, 2023 with members of the senior management team of Global Ship Lease (NYSE: GSL), Mr. Ian Webber, Chief Executive Officer, Mr. Thomas Lister, Chief Commercial Officer & Head of ESG, and Mr. Tassos Psaropoulos, Chief...

It's been a tumultuous 18 months for ocean shippers, with many feeling the pain of high spot rates and uncertain shipping times. However, one company is making moves that may ease some of the spot rate insanity.  On this episode of Navigate B2B, Steve Ferreira breaks down how spot rates have...

This commentary was written by Lori Ann LaRocco. The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. The word "historic" in the maritime and logistics industry has become so overused that its meaning now is watered...

With a mission to provide global logistics providers with fluid, systemized data, Vizion co-founders CEO Kyle Henderson and CTO Tyler Hughes combined their extensive history in technology product development to develop a single application programming interface to not only track shipments but...

Global supply chain visibility, automation, and optimization depends on the quality of one commodity: data. While individual freight forwarders and container lines have optimized their internal processes, none have developed a standard way of doing business across shipping stages.  Port operators...

Facilitator of two-way committed ocean contracts New York Shipping Exchange (Nyshex) announced Wednesday it has raised $15 million in a recent funding round. The round was led by NewRoad Capital Partners and included Collate Capital, Blumberg Capital, and the New York Angels. Since its start in...

Two electric van startups are facing different challenges in the months ahead, but at least one analyst remains supportive of both firms' long-term potential. Electric Last Mile Systems (ELMS) will be first out of the gate with its Class 1 electric van, but shipping costs could alter the pricing...

Established in India in 2019, the global freight marketplace FreightMango has attracted customers worldwide who struggle to find guaranteed capacity from well-vetted forwarders to support their growing international shipments. "FreightMango acts a bit like Airbnb," said Charley Dehoney, the CEO of...

A U.S. manufacturer is accusing two of the world's largest ocean carriers of reneging on its container service contract for imports from Asia so that the carriers can instead charge other shippers exorbitant transportation rates on the spot market. In a complaint filed on Wednesday with the...

Despite the early-morning hour, 5:15 a.m. Thursday in the Netherlands, the Ever Given "arrived amid great interest," according to a Port of Rotterdam statement.  Normally a container ship's arrival in port does not warrant a press release. But the case of the Ever Given, which will be forever...

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After reporting another record fiscal year of volume growth, the Port of Savannah's near-term encore is likely to be somewhat muted. The nation's fourth-busiest container port broke the 5 million twenty-foot equivalent unit barrier in its 2021 fiscal year, according to data published Monday by the...