In this week’s Market Movers Americas: WTI prices rise amid tensions in the Middle East; Oil supply in focus as US sanctions on Venezuela ease; US steel mills raise flat-rolled steel prices; Mild Sout
US ferrous scrap suppliers are facing a very different economic landscape in the second half of the year, as extreme price volatility stemming from Russia s invasion of Ukraine gives way to an uncerta
US pig iron imports sank in April after a surge in imports and prices the
previous month depleted Brazilian suppliers and discouraged US mills from
further procurement.
All inclusive container shipping rates from North Asia to North America were
available to some shippers without premium surcharges in the week to Feb. 17 as
more space on ships became available follow
The Port of Long Beach, California, posted its best ever container throughput
for the month of January following efforts to remove lingering cargoes taking up
space in terminals, the port said Feb. 10
All inclusive container shipping rates from North Asia to North America held
steady in the week to Jan. 21 as cancelled sailings to counterbalance a pocket
of weaker demand around February s Lunar New
Demolitions of aging container ships dropped last year to the lowest level in at least six years as high charter rates encouraged owners to keep ships operating, according to shipping intelligence pro
All inclusive container shipping rates from North and Southeast Asia to North
America were widely viewed as having reached a medium term ceiling after
returning to record high levels, but support is e
Container throughput at the Port of Los Angeles fell in November as the port
handled more smaller than average, unscheduled ships chartered to meet strong
demand during the pre holidays peak season, b
Geneva based shipping firm MSC will temporarily omit a port call on Seattle with
its Eagle services from Oct. 27 until further notice due to mounting congestion
at Seattle and other West Coast ports.
The global container shipping industry is entering a period of volatility that
will extend long after the current peak shipping season, with a return to pre
pandemic market conditions almost certainly
All inclusive container rates for shipping from North Asia to West Coast North
America were available at their lowest level in months as additional carrier
options and a gloomy outlook on the overall
The busiest US container ports are moving up the global rankings amid record
import volumes, but the deluge of cargoes continues to exceed capacity with
growing ship queues on both the East and West C
The container port of Nansha in South China s Guangdong province is looking to
build on the volume gains it absorbed following Yantian port s COVID 19 outbreak
by opening the first two of four new dee
Container ships have started berthing again at the Meishan Island International Container Terminal at China s Port of Ningbo Zhoushan on Aug. 24, two weeks after the terminal stopped accepting new ves
A terminal at China s second busiest container port, Ningbo Zhoushan, suspended
operations Aug. 11 after a port worker tested positive for COVID 19, fueling
worries that export cargoes will be further
Container shipping lines could hold back on further rate increases for shipments
to North America after a bill was submitted to US Congress to strengthen the
regulation of many international shipping
Container shipping lines Hapag Lloyd and Ocean Network Express (ONE) posted huge
earnings growth in their latest results July 30 and expect their good fortune to
continue for the rest of the year as d
The US government took aim at the ocean shipping industry in a sweeping executive order President Joe Biden signed July 9 that also targeted anti competitive practices in the healthcare, internet serv
The US government took aim at the ocean shipping industry in a sweeping
executive order President Joe Biden signed July 9 that also targeted anti
competitive practices in the healthcare, internet serv
South Carolina Ports handled its second highest monthly container volume on
record in May following a visit of the largest container ship to ever call on
the US East Coast, the port authority said on