Tag: Shipping Costs

October 9, 2023

Cargo owners are having to fork out far more to ship their goods this decade, new analysis from Clarksons Research shows. Freight markets have seen “huge volatility” in the 2020s, Clarksons noted in its most recent weekly report, primarily driven […]

June 9, 2022

President Joe Biden launched a renewed push June 9 to reduce the costs of shipping goods across oceans, a major challenge for retailers that the White House said has pushed up prices as the world emerges from the coronavirus pandemic. […]

October 11, 2019

The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the most since at least 2013. The day rate for a standard tanker east of the Suez Canal jumped 57% in the week to Oct. […]

December 11, 2017

The cost of moving pretty much every dry-bulk commodity — from fertilizer to salt to rocks — has surged since July, lifting the London-based Baltic Exchange’s main freight gauge to its highest in almost four years. The rally has been […]