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freight
Panama Canal drought to delay grain ships well into 2024
Bulk grain shippers hauling crops from the U.S. Gulf Coast export hub to Asia are sailing longer routes and paying higher freight costs to avoid vessel congestion and record-high transit fees in the drought-hit Panama Canal, traders and analysts said.
Shipping firms report double-digit growth
Shipping industry profits continue to rise on surging demand
Shipping firms post profit surge
Many shipping companies have posted a year-on-year surge in profits in Q3, driven primarily by higher freight rates.
November 2, 2021 | 08:16 pm PT
