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3 Best Shipping Stocks: Inter shipping

Shanghai lockdowns and the global shipping crisis creates buying opportunities. Shipping stocks offer value and growth. Click here for 3 best shipping stocks.

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Partial Strike at Eastern Canada s Biggest Port to Clog Shipping

Partial Strike at Eastern Canada’s Biggest Port to Clog Shipping Bloomberg 4 hrs ago Marcy Nicholson and Sandrine Rastello © Bloomberg Shipping containers at Ray-mont Logistiques Inc. in Montreal, Quebec, Canada, on Friday, Aug. 21, 2020. A strike at the Port of Montreal is showing few signs of progress deep into its second week, as concerns rise about the damage an extended shutdown could do to the Canadian economy, the Dow Jones reported. (Bloomberg) A partial strike scheduled to start Wednesday by Port of Montreal dockworkers threatens to increase congestion in other parts of North America and further waylay shipments at a time of surging shipping costs and delays.

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Global Shipping Chaos Expected to Return to Normal by Mid-Year

Global Shipping Turmoil Expected to Calm Down by Mid-Year Bloomberg 2/10/2021 Christian Wienberg, Kyunghee Park and Morten Buttler © Bloomberg A gantry crane lifts a shipping container at Behala inland port in Berlin, Germany, on Tuesday, Jan. 26, 2021. A global shortage of shipping containers that s sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to transport 90% of the global trade in goods. (Bloomberg) The world’s largest container carrier said trade disruptions that have sent freight rates soaring and overwhelmed major ports may start to ease after the first quarter, disappointing investors but signaling eventual relief for cargo shippers.

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Maersk Loses 750 Containers as Seas Hammer LA-Bound Ship

Maersk Loses 750 Containers as Seas Hammer LA-Bound Ship Bloomberg 1/22/2021 Ann Koh © Photographer: Kristian Helgesen/Bloomberg Shipping containers sit aboard the Maersk Mc-Kinney Moeller Triple-E Class container ship, operated by A.P. Moeller-Maersk A/S, as it sails on the North Sea between Rotterdam in the Netherlands and Bremerhaven, Germany, on Monday, Nov. 11, 2013. A.P. Moeller-Maersk A/S s container-shipping line, the world s largest, reported an 11 percent increase in third-quarter profit after cost cuts countered a decline in freight rates. (Bloomberg) One of AP Moller-Maersk’s container ships carrying goods from China to the U.S. lost part of its cargo in the Pacific Ocean during bad weather.

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Why the Cost of Shipping Goods From China Is Suddenly Soaring

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