Desks and topics
Everything we cover, from the quay to the currency desk.
Shipping
View AllShips, boxes, ports and the routes between them. What moves, what waits, and what it costs.
No One on the Bridge
The Manifest, Episode 40: Fog, Copper and the Crewless Ship
The Ship That Runs on Its Own Cargo
When the Lake Runs Low: How Shipowners Plan Around the Canal's Dry Season
First Ammonia Bunkering: Six Hours, One Hose, Nobody Smelled a Thing
Trade
View AllTariffs, rules of origin, customs and the agreements that decide where things are made and where they are allowed to go.
The Customs Broker's New Colleague Reads Invoices Faster Than She Does
Stop Calling It Deglobalisation
When the Lake Runs Low: How Shipowners Plan Around the Canal's Dry Season
Why Your Freight Is Still Invoiced in Dollars
The Bean Counters: How a Warehouse Receipt Became a Trading Weapon
How a Bicycle Gets Its Nationality
Energy
View AllLNG, bunker fuel, wind, solar and the grid. The energy that moves cargo, and the cargo that is energy.
The Ship That Runs on Its Own Cargo
Bitcoin Miners Are Buying the Gas Oil Fields Used to Burn
First Ammonia Bunkering: Six Hours, One Hose, Nobody Smelled a Thing
Four Rotor Sails and a Headwind: A Week on a Wind-Assisted Bulk Carrier
Offshore Wind's Real Bottleneck Is a Ship With Legs
Stacked to the Ceiling: What a Warehouse of Unsold Solar Panels Says About the Market
Industry
View AllFactories, warehouses and the machines inside them. Where goods are made, stored and packed before the ship.
The Customs Broker's New Colleague Reads Invoices Faster Than She Does
No One on the Bridge
Two and a Half Kilometres of Iron: Riding the Longest Ore Train
How a Bicycle Gets Its Nationality
Offshore Wind's Real Bottleneck Is a Ship With Legs
The Beach Where Ships Go to Die Is Getting a Dry Dock
Commodities
View AllCopper, lithium, grain, cocoa and gold: the raw materials, the mines and fields they come from, and the traders in between.
Live: Copper Jumps After a Landslide Cuts an Andean Mine Road
Copper's Quiet Squeeze: Why Smelters Are Paying Miners to Take Their Ore
Two and a Half Kilometres of Iron: Riding the Longest Ore Train
The Bean Counters: How a Warehouse Receipt Became a Trading Weapon
Salt, Seen From Above
The Gold Is Moving East, One Pallet at a Time
Money
View AllCurrencies, central banks and trade finance: how a cargo becomes a payment, and what the exchange rate does to it on the way.
Live: Dollar Slips as Asian Exporters Convert Their Receipts
Why Your Freight Is Still Invoiced in Dollars
Bitcoin Miners Are Buying the Gas Oil Fields Used to Burn
Yen at the Dock: What a Weak Currency Does to Japan's Shipowners
London's Marine Insurers Price In a Stronger Pound
Settled On-Chain: A Tanker Charter Paid in Stablecoins
Markets
View AllThe tape, read slowly: currencies, crypto and the freight indices, with the stories behind each move.
Live: Copper Jumps After a Landslide Cuts an Andean Mine Road
Live: Dollar Slips as Asian Exporters Convert Their Receipts
Copper's Quiet Squeeze: Why Smelters Are Paying Miners to Take Their Ore
Container Rates Fall for a Sixth Week. Here Is Where the Slack Is.
The Break Freight Index
The Copper Price Nobody Believed
Opinion
View AllArguments, not announcements. Our columnist and guests on what the trade figures do not say.
Three to read
View AllEvery Friday the editors pick three stories worth your full attention: one long, one short, one strange.
Long reads
View AllStories that took months. Read them when you have an hour, not a minute.
EUR/USD
View AllUSD/JPY
View AllRecommendations
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