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Container shipping has cratered, as ship owners try to avoid unprofitable trips

wsj.com

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Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#121

Post by Arkhaine_kupo »

ehvatum wrote: post #102
maratc wrote: post #82

Earlier quoted context omitted.

> The truth is, journalism has cratered. There's an old quote addressing exactly that: "When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the…

Vice News used to be great and essentially apolitical. They went to interesting, dangerous places and reported what they saw by showing you what they saw. Their viewership grew rapidly. Fast-forward. All new Vice productions are deeply and uniformly opinionated. Comparatively few people care to watch. Relative to their previous work, this later work received no significant attention and generated no revenue. There is…

> Vice News used to be great and essentially apolitical.

One of the founders founded the proud boys.

>They went to interesting, dangerous places and reported what they saw by showing you what they saw.

They were rich nepo kids going into places and doing a ton of poverty porn. Seeing the inside of a favela on the eyes of a brooklyn kids whose dad makes pharma patents was edgy in 2000s but boy does it not hold up.

> All new Vice productions are deeply and uniformly opinionated.

Same as ever, nepo babies think they know everything. If you go back you see plenty of it in their early stuff too. You were just younger and noticed it less.

> this later work received no significant attention and generated no revenue.

By 2012 they had already completely sold out when they sold the mag to i-D and still where making massive numbers.

They are being sold now for 225 million despite their bankruptcy.

> There is political groupthink in reporting ruinous to the bottom line.

Fox News is the most overt political entertainment network in the planet and also the most profitable. Seems like your theory is entirely at odds with reality and your rose tinted glasses of gonzo Vice is mostly ignoring the actual content of the magazine.

Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#122

Post by nonethewiser »

CGamesPlay wrote: post #8

> The rates for both trade lanes are hovering around 2019 levels, but fuel and labor expenses are higher now than before the pandemic. Hard to really feel like this is a crisis, since all of the reporting is how there was a brief, glorious period (for the companies) of 10x prices, and the crisis is that the period is ended.

Im not sure I follow… rates are the same as 4 years ago but operating costs are significantly higher. That seems genuinely difficult - if their rates dont keep up with inflation then its not a sustainable trend.

Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#124

Post by beowulfey »

makeitdouble wrote: post #110
maratc wrote: post #82

Earlier quoted context omitted.

> The truth is, journalism has cratered. There's an old quote addressing exactly that: "When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the…

> It's not that journalism has cratered, it only reached a level of what people are willing to consume. I've seen this in writing from journalists and writers, and feel like this is too easy of an out. It's as if readers were in a vacuum and journalism didn't affect them in any way shape or form. I don't buy that the press and media had no hand in creating the current public's lowered expectations. So perhaps it's wh…

When journalism decided to make a deal with the Devil, and ads became the main source of revenue, it was inevitable for writing to shift towards maximizing clicks. The dopamine pulses of this style cannot be ignored and so to compete all news eventually reached equilibrium in this same vein.

Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#125

Post by globalempire »

CGamesPlay wrote: post #8

> The rates for both trade lanes are hovering around 2019 levels, but fuel and labor expenses are higher now than before the pandemic. Hard to really feel like this is a crisis, since all of the reporting is how there was a brief, glorious period (for the companies) of 10x prices, and the crisis is that the period is ended.

If international trade declines, this could indeed tip the scales and give labor a stronger bargaining position across the globe. Less trade might mean fewer cheap imports and potentially more jobs for local industries. This shift could lead workers to demand higher wages and better working conditions, knowing that the globopatricians can't easily jump ship to cheaper labor markets.

Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#126

Post by golergka »

Arkhaine_kupo wrote: post #121
ehvatum wrote: post #102

Earlier quoted context omitted.

Vice News used to be great and essentially apolitical. They went to interesting, dangerous places and reported what they saw by showing you what they saw. Their viewership grew rapidly. Fast-forward. All new Vice productions are deeply and uniformly opinionated. Comparatively few people care to watch. Relative to their previous work, this later work received no significant attention and generated no revenue. There is…

> Vice News used to be great and essentially apolitical. One of the founders founded the proud boys. >They went to interesting, dangerous places and reported what they saw by showing you what they saw. They were rich nepo kids going into places and doing a ton of poverty porn. Seeing the inside of a favela on the eyes of a brooklyn kids whose dad makes pharma patents was edgy in 2000s but boy does it not hold up. > A…

> One of the founders founded the proud boys.

That's ad hominem, not a counter argument about Vice's content.

> They were rich nepo kids going into places and doing a ton of poverty porn. Seeing the inside of a favela on the eyes of a brooklyn kids whose dad makes pharma patents was edgy in 2000s but boy does it not hold up.

Yes, so? This description is good journalism. You're just trying to come up with derogatory terms to describe it, while there's nothing wrong with any of that.

Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#127

Post by rjzzleep »

CGamesPlay wrote: post #8

> The rates for both trade lanes are hovering around 2019 levels, but fuel and labor expenses are higher now than before the pandemic. Hard to really feel like this is a crisis, since all of the reporting is how there was a brief, glorious period (for the companies) of 10x prices, and the crisis is that the period is ended.

How is no one talking about the sanctions war? Either here or in the article. Part of the sanctions war has made it extremely hard for insurers to know whether or not they are violating sanctions by insuring vessels. Navigating the current legal landscape is a nightmare for shipping companies, which leads a lot of companies to not not accept cargo if they can't be certain about the legal situation.

Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#128

Post by ptero »

carlmr wrote: post #94
lynx23 wrote: post #78

Earlier quoted context omitted.

Lamenting the unwillingness to pay for trash is a hopeless cause. The cat bites its own tale. Most news outlets I know have deteriorated so much in quality that I would never even think about paying for any of that propaganda. Give me a good, balanced, non-pliticized and honest news site, and I might consider supporting them.

But you see the chicken and egg problem here. News outlets have deteriorated because they can't make money. If people actually paid for them they might have a chance to hire competent people and do investigative journalism. But now they're being paid mostly by ad revenue and a handful of subscribers. So they have to publish trash to optimize for clicks.

> News outlets have deteriorated because they can't make money.

There are taxpayer-supported, nonprofit news sources. They are not any better, spewing the same type of opinionated stuff (propaganda, really).

The need to make money is not the culprit there.

Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#129

Post by account42 »

maratc wrote: post #82
lynx23 wrote: post #61

Earlier quoted context omitted.

The truth is, journalism has cratered. However, most are not ready to accept the truth, since they still believe the media are an essential part of democracy.

> The truth is, journalism has cratered. There's an old quote addressing exactly that: "When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the…

There doesn't need to be a conspiracy when so much of the media is consolidated that the people on top can simply make decisions that affect all of them, or just give all of them the same script:

https://www.youtube.com/watch?v=fzYj11qWb-M

Re: Container shipping has cratered, as ship owners try to avoid unprofitable trips

#130

Post by [deleted] »

lynx23 wrote: post #61
somethoughts wrote: post #32

Earlier quoted context omitted.

Definitely feels like there should be a "law of headlines" coined to effect of - something must always either be surging catastrophically or plummeting disatrously.

The truth is, journalism has cratered. However, most are not ready to accept the truth, since they still believe the media are an essential part of democracy.

[deleted]
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