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No One on the Bridge
At three in the morning a fishing fleet turned across the bow of a ship with nobody on her bridge. The captain handling it was sitting in a former grain office in Rotterdam.
The Customs Broker's New Colleague Reads Invoices Faster Than She Does
An Antwerp brokerage now lets software propose a tariff code for every invoice line. It clears a thousand lines before lunch. A person still signs, and the vendor's liability ends at a month's fee.
3 minOct 26, 2026
The Customs Broker's New Colleague Reads Invoices Faster Than She Does
Live: Fog Closes the Elbe Approach, Forty Ships Wait at Anchor
Visibility at the mouth of the Elbe dropped below two hundred metres overnight. Pilots stopped boarding, the anchorage filled and one terminal rewrote its berth plan by the hour.
2 minOct 26, 2026
Live: Fog Closes the Elbe Approach, Forty Ships Wait at Anchor
Live: Copper Jumps After a Landslide Cuts an Andean Mine Road
A landslide overnight has blocked the only road to the Cerro Alto copper mine. No one was hurt, but trucks are stuck, ore is piling up and the copper price is climbing. Follow the updates as they come.
2 minOct 26, 2026
Live: Copper Jumps After a Landslide Cuts an Andean Mine Road
Live: Dollar Slips as Asian Exporters Convert Their Receipts
Exporters in Seoul, Taipei and Tokyo sold dollars into a thin morning market. The euro and the yen are firmer, and shipping stocks with dollar revenue are among the first to feel it. Updates as they come.
2 minOct 26, 2026
Live: Dollar Slips as Asian Exporters Convert Their Receipts
Stop Calling It Deglobalisation
Goods have not stopped crossing borders. They have started crossing more of them.
3 minOct 26, 2026
Stop Calling It Deglobalisation
The Morning Manifest: Fog on the Elbe, copper's road, a ship with no crew
A ship crosses the North Sea with nobody aboard, fog stops the pilots at the mouth of the Elbe, and a landslide in the Andes reaches the copper price before breakfast.
2 minOct 26, 2026
The Morning Manifest: Fog on the Elbe, copper's road, a ship with no crew
The wire
Live Updates
Updated 10:17
- 10:17 Live: Fog Closes the Elbe Approach, Forty Ships Wait at Anchor
- 10:05 Live: Copper Jumps After a Landslide Cuts an Andean Mine Road
- 09:15 Live: Dollar Slips as Asian Exporters Convert Their Receipts
The Customs Broker's New Colleague Reads Invoices Faster Than She Does
An Antwerp brokerage now lets software propose a tariff code for every invoice line. It clears a thousand lines before lunch. A person still signs, and the vendor's liability ends at a month's fee.
The Customs Broker's New Colleague Reads Invoices Faster Than She Does
Live: Copper Jumps After a Landslide Cuts an Andean Mine Road
2 minOct 26, 2026
Live: Copper Jumps After a Landslide Cuts an Andean Mine Road
The Manifest, Episode 40: Fog, Copper and the Crewless Ship
Why container rates keep falling, why smelters are paying miners to take their ore, and what happens on the night a feeder ship sails with nobody aboard.
Audio
3 min
The Manifest, Episode 40: Fog, Copper and the Crewless Ship
When the Lake Runs Low: How Shipowners Plan Around the Canal's Dry Season
Every ship through Panama is lifted by rainwater. When the rain is late, a planner in Valparaíso starts taking boxes off ships that have not yet been loaded.
When the Lake Runs Low: How Shipowners Plan Around the Canal's Dry Season
Why Your Freight Is Still Invoiced in Dollars
A pump maker in Duisburg sells in euros, pays its staff in euros and trucks its boxes to Rotterdam in euros. The bill for the ocean leg still comes in dollars, and nobody at the company ever chose that.
Why Your Freight Is Still Invoiced in Dollars
Copper's Quiet Squeeze: Why Smelters Are Paying Miners to Take Their Ore
For decades miners paid smelters to turn their concentrate into metal. In our survey of twelve smelters, the fee has now gone below zero. The furnaces are still running, but the arithmetic behind them has stopped working.
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
Two hundred and forty wagons, three locomotives, one driver and 29,000 tonnes of iron ore on a single-track line through red desert. Watch the ride, then read what it takes to run it.
Two and a Half Kilometres of Iron: Riding the Longest Ore Train
The Ship That Runs on Its Own Cargo
Every LNG carrier arrives lighter than it left, and the missing gas is no accident. Inside the tank physics that turn a cargo into fuel, and the machines now winning some of it back.
The Ship That Runs on Its Own Cargo
Most read
No One on the Bridge
5 min
Copper's Quiet Squeeze: Why Smelters Are Paying Miners to Take Their Ore
3 min
Copper's Quiet Squeeze: Why Smelters Are Paying Miners to Take Their Ore
Bitcoin Miners Are Buying the Gas Oil Fields Used to Burn
3 min
Bitcoin Miners Are Buying the Gas Oil Fields Used to Burn
Container Rates Fall for a Sixth Week. Here Is Where the Slack Is.
3 min
Container Rates Fall for a Sixth Week. Here Is Where the Slack Is.
Offshore Wind's Real Bottleneck Is a Ship With Legs
3 min
Offshore Wind's Real Bottleneck Is a Ship With Legs
Ninety Days With Box NRVU 418220-7
6 min
Ninety Days With Box NRVU 418220-7
Weekend feature
Chokepoints: The Narrow Places That Carry a Third of Everything
Seven straits and canals, some narrower than a city, carry about a third of seaborne trade. A tour of the narrows, what closes them and what a detour really costs.
5 minOct 22, 2026
Chokepoints: The Narrow Places That Carry a Third of Everything
By the numbers
The week in freight
Four figures our desks kept coming back to · checked by the data desk
- 6 weeks in a row of falling container spot rates on the Break Freight Index
- 40 ships at anchor off the Elbe at the height of the fog
- 12,000 t of cargo on the first crewless feeder crossing of the North Sea
- 5% of tankers on our map silent for more than twelve hours on an average day
The week ahead
Monday
- Nov 2 Break Freight Index, weekly release at 10:00 London time
- Nov 2 Harbourline Europe, the ports and terminals conference, opens in Antwerp
Tuesday
- Nov 3 Kessel Bay Port Authority publishes its monthly throughput report
- Nov 3 Harbourline Europe: the carriers' panel on blank sailings
Wednesday
- Nov 4 Monthly options expiry on copper and aluminium
- Nov 4 Harbourline Europe closes
Thursday
- Nov 5 Tanker Map monthly report on silent ships
Friday
- Nov 6 Three to read: the editors' picks of the week
- Nov 6 Chokepoint Tracker weekly summary
Recommendations
How a Bicycle Gets Its Nationality
- Frame from Vietnam, gears from Japan, wheels laced next door. Whether this bike pays duty depends on a 74-line spreadsheet and a welding hall built partly to change the answer.
- How a Bicycle Gets Its Nationality
Salt, Seen From Above
- Pink, turquoise, bone white. A year over one coastal salt works, from the first flooding of the pans to the last harvest, shot from a drone at 120 metres.
- Salt, Seen From Above
Stacked to the Ceiling: What a Warehouse of Unsold Solar Panels Says About the Market
- Aisle fourteen holds 61 megawatts of solar modules that nobody has cleared through customs. The pallets have been there since winter, and the price on them has fallen every month.
- Stacked to the Ceiling: What a Warehouse of Unsold Solar Panels Says About the Market
Long reads
White Gold, Blue Ponds: A Year at the Edge of a Lithium Brine Field
6 minOct 19, 2026
White Gold, Blue Ponds: A Year at the Edge of a Lithium Brine Field
The Border Town Built of Warehouses
6 minOct 17, 2026
The Border Town Built of Warehouses
Ninety Days With Box NRVU 418220-7
6 minOct 16, 2026