From mid-2020, global container export volumes saw strong growth, and combined with increasing port congestion it caused supply chain challenges and historically high liner operator financial results which have been the norm since. In September 2022, h…
Global container volumes fall 9.3% y/y as historic growth cycle ends Read More »
Shipping’s value chain can expect continued pressure on targets and commitments until it clearly aligns with an IPCC-derived definition of the steps needed to avoid temperatures rising above 1.5C. This pressure will come both from the policy process at…
It is quite an exciting time from the standpoint of container futures, with the market slide that started at the end of February 2022 now sitting at levels that are recognizable to 2019 and drawing in a dramatic increase in buy-side interest. Futures m…
FBX Index December: Looking forward Read More »
Capesize The Capesize market was in a ‘one step forward, two steps back’ mode this week. The average of the 5 time charter routes eventually settled at $12,598, a decline of $775 week-on-week. Despite tightness in both basins, especially for December c…
Dry Bulk Market: Positive Signs Are Starting to Emerge Read More »
Highlights The Shanghai and China Containerized Freight Indices (SCFI and CCFI) have fallen by 49% and 40% respectively during the two and a half months since our last report. The SCFI is fast approaching average 2019 levels but for now remains 61% hig…
Containers: A return to normal and prospect for laid-up ships Read More »