Container shipping market news. Sea Traders exits container shipping market.

Container shipping market news Major shipping container market participants include Almar Container Group, W&K Container Inc. This pattern indicates significant market swings, possibly due to news affecting European shipping markets or Hapag’s operational performance. Volumes in head-haul trades are expected to grow slightly faster than the average. 7 on November 6, and stabilized somewhat to close at EUR 160. Singapore Containerization's rise remains resilient against global market consolidation hurdles, as reduced long-distance container shipping costs and expanding international trade continue to drive its DHL Global Forwarding said that stronger than expected demand container shipping is being seen in the final months of 2024. US export market navigating ‘disruptive’ peak season amid ag shipment growth. In presenting French shipping company CMA CGM has announced new Freight All Kinds (FAK) rates effective from 15 January 2025 (gate-in date), until further notice. Browse Splash 24/7 for more maritime and shipping news. Hosted by Simon Heaney, Senior Manager, Container Research and Nilesh Tiwary, Manager, Drewry Maritime Financial Research. The index rose Survey: 75% of container traders and leasing companies surveyed from China report higher prices and tighter market · Leasing prices for 40 ft high cube containers in China go 2. In its latest weekly report, shipbroker Intermodal said that “Intermodal’s recent participation in Year-to-date, two thirds of the container capacity ordered is scheduled for 2027 delivery and 23% is scheduled for 2028 delivery. Surface Trucking News LTL. The container shipping industry remains sensitive to global trade flows, geopolitical tensions, and macroeconomic indicators. 4 on November 4, it rose to EUR 170. The new agreement will see the two parties focus their cooperation on route network layout, international transit, complete logistics service According to India’s Directorate General of Shipping (DCG), the Indian container shipping market experienced steady growth from 2013 to 2018, with Indian-flagged vessels gradually increasing in number, contributing significantly to the maritime economy. Maersk lays down $150,000 per day to charter newbuilding as Such is the volatility in the market Q4 forecasts are often broad, unfocused affairs, with Maersk, for example, predicting anything from a US$970 million loss to US$530 million gain. With the world in lockdown, demand for non-essential consumer goods (and the means to ship them) decreased. 0-4. 8% at the end of July, marking the highest-ever figure recorded by a carrier. Performance Shipping enters a 21-month time charter contract with AET. Maersk’s methanol ship conversion tests retrofitting business case. Analysis - News - Reports . In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2024 with experts Maritime Strategies International (MSI). 5X in May Transpacific eastbound box volumes have rebounded by 16. For example, the price of a five year old Panamax container Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity. Shipping News. On Oct. In its latest market report, Clarksons projects trade growth in teu-mile terms to expand 3% year on year for 2025 — below the expected 5. Browse Visit TradeWinds for the best news, insight and opinion covering the global shipping business. This week’s stock performance reflects an environment of cautious optimism, influenced by varying trends in consumer demand, ongoing challenges in global supply chains, and fluctuating fuel prices. cean freight container shipping spot rates are set to exceed the level seen at the height of the Red Sea crisis when the latest round of increases hit the market on 1 June, according to the According to the latest analysis of the shipping consultancy Linerlytica, the market panic over tightening vessel space availability has sent the Shanghai Containerized Freight Index (SCFI) to its highest level since September 2022, rising by 18. Combined head-haul and regional trade volumes are expected to grow 0. “Looking ahead, the container shipping market is expected to remain volatile. About Us India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry. Owners of smaller boxships — long the Cinderella of the container ship market — are cashing in on a big rise in vessel values. 60 mil by the end of September. 7 million TEU across 2024, is anticipated to ease 16/11/2024 Comments Off on VHBS New ConTex Container Ship Time Charter Assessment Index Week 46 We experienced another moderate week with arrows relatively stable and steadily increasing across BIMCO's Shipping Market Overview and Outlook November 2024 container ship contracting has been higher than we previously expected which is why the container order book has remained stable. but the vagaries of labor negotiations and new tariffs threaten to disrupt the market in short order. November 13, 2024. , CARU Containers BV, Triton International Limited, China International Marine Containers Co. Subscribe to newsletters. Ports. Unlike the surge in January, when the rate hikes were largely limited to NCFI reflects the fluctuation of freight rates of the international container shipping market by calculating and recording the changes of container freight rates of 21 routes departing from Ningbo- Zhoushan port, including composite index and 21 individual indices. Authorities have worked to connect Shanghai with more hinterland locations, Container shipping set to end year with near-zero idle fleet 2024 has been surprisingly good for container shipping thanks to booming demand 24 December 2024 10:50 GMT Updated 24 December 2024 10: Containers. George Economou banks deal for newbuilding quartet as Zim raids container ship charter market Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. Shipping News Merry Christmas and a Peaceful New Year From The Maritime Executive Published Dec 24, 2024 11:59 PM by The Maritime Executive Japanese shipping company Ocean Network Express (ONE) has completed the acquisition of a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia. search. Head-haul and regional trades are expected to grow faster than back-haul trades and we estimate that they Container news, Freight news, Markets, Opinions, Shipping news; 13/12/2024; Drewry: The World Container Index remained stable this week 50-2024 Container news, Shipping Finance news, Shipsale news; 05/12/2024; Global Ship Lease buys high-reefer containerships with 10-year financing committed. 5% CAGR from 2024 to 2032, driven by technological advancements and intermodal connectivity. China International Marine Containers (CIMC) in September 2021 had agreed to buy the Danish In a repeat of last year container shipping analysts are talking in apocalyptic terms about the market in 2025. Laura Robb, Associate Editor | As we approach 2025, the global container and shipping industry stands at challenging crossroads. BIMCO's Shipping Market Overview and Outlook Q3-23 - Container Market. We expect that ship demand growth will end at 18-19% in 2024 and forecast growth of 3-4% in 2025 followed by a fall of 5-6% in 2026. The slight drop came amidst mixed signals from the global shipping market, including fluctuating freight In 2023, 2. The late 2024 Chinese market is characterized by a combination of economic deceleration, declining export demand, and excess inventory in the container shipping sector. The Container Shipping Market Quarterly Review is produced every three months and reports, interprets and comments on trends and developments in the container shipping market as experienced and understood by shippers – the importers and exporting businesses that own the cargo carried on container ships. . While some companies managed to build on positive momentum, others Global container shipping turned a corner in the second quarter of 2022 according to the findings of the latest Quarterly Review of the market produced by MDS Transmodal and Global Shippers Forum (GSF). In the early days of October, COSCO SHIPPING Holdings Co Ltd ADR (CICOY) experienced a modest upward trend in its stock prices. 19 Dec 2024; News; Boxship market balance will get a bit worse in 2025 and a lot worse in 2026, says BIMCO. Despite the expected rise in Bulker and Tanker orders, the overall orderbook We forecast that cargo volumes will grow 4-5% in 2024 and 3-4% in 2025. In its latest market report Braemar said that it had expected 2024 overcapacity to reach 12-13% in this year, up from around 9% in 2023, but the Red Sea diversions quickly put paid to that projection. Our focus is to source and deliver latest and updated news for the benefit of our viewers’ information. Sections. Combined with estimated global volume growth of 5. The Quarterly Review collates and reports outputs The Swiss-Italian market leader’s share of the operated fleet rose to 19. 4% fleet growth — under its The container shipping industry faced another week of mixed performances, as global trade challenges and economic uncertainties continued to influence investor sentiment. Year-to-date another record has been set as more than 1 million TEU has already been delivered during the first four months of the year, an increase of nearly 80% compared to the previous record. Maersk’s market share peaked at 19. For both years we are working with two demand scenarios depending on when ships can fully return to the Red Sea. The shipping containers market size crossed USD 10. In its latest weekly report, shipbroker Intermodal said that “building on the strong performance observed over the We forecast that container volumes will grow 3-4% in both 2024 and 2025 and thus slightly faster than the global economy. 3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. In presenting During 2024, the supply/demand balance has improved and the full year is expected to end stronger than 2023. “The cost of operating a 15,000 TEU LNG ship is the same as operating a 10,000 TEU ship, so for the same cost, we have a 50% increase in the potential intake T he container shipping market is expected to be hit hard by overcapacity from 2024 onwards. FSL Trust agrees to sell one product tanker. Container ship deliveries hit new record of 2. Container Shipping News Supply chain Port News. COSCO SHIPPING Holdings Co Ltd ADR (CICOY) USD. 391 mil to USD 89. 1% last year, according to the latest report by Lynerlytica. NPCT1 is an important terminal serving mature gateway markets in Southeast Asia Hapag-Lloyd Expects Lower 4Q Profitability Beginning at EUR 169. In its Ocean Freight Market Outlook December 2024, the company noted P erformance in tankers and dry bulk is likely to remain sound in 2025, with tankers making above-average profits, supported by high tonne-mile demand, while oversupply and easing of disruptions Explore the latest news and developments in shipping, container shipping, dry bulk, tankers, LNG carriers, and cargo interests, brought to you by the editors of Seatrade Maritime News Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping : BIMCO: Container Shipping Market Exploding in 2024, But 2025 The container freight market is said to have peaked, as demand concerns linked to the health of the global economy have dulled sentiment somewhat. sell and report on supply chain issues and container shipping news. For example, the price of a five year old Panamax Container ship has fallen by 25% from the highest point in April of USD 118. In its latest weekly report, shipbroker Intermodal said that “the container shipping market is currently navigating through a period of significant transformation, marked by divergent trends in Such movements suggest market volatility and might prompt investors to closely monitor future performance and any underlying factors contributing to these changes. Shipment of manufactured goods also decreased as factories closed in an effort to slow the spread of the Get the sample copy of Container Shipping Market Report 2024 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, list of Container Shipping Companies (AP Moller-Maersk AS, MSC Mediterranean Shipping Company SA, CMA CGM, China COSCO Holdings Company Limited, Hapag-Lloyd, ONE (Ocean Year-to-date, two thirds of the container capacity ordered is scheduled for 2027 delivery and 23% is scheduled for 2028 delivery. Compared to our previous forecast, the increased forecast for 2024 is due to Global trade is on track to hit a record $33trn in 2024, according to the latest data from UNCTAD, the Find here the updated list of the latest news about container shipping. We forecast that global container volumes will grow between 0% and 1% in 2023, and between 3% and 4% in both 2024 and 2025. FSL Trust completes disposal of one product tanker. Container Shipping Market Overview & Outlook Q2 2023. Also, the bulk carrier order book has remained mostly stable at around 10% of the fleet size. Looking ahead, we expect freight rates and time charter rates to follow the predicted Get the latest news, analysis and opinion on Container shipping The global container shipping industry experienced a mix of volatility and stability in terms of stock prices this week, reflecting the interplay of seasonal demand, economic dynamics, and geopolitical developments. 8% after last week’s holiday break to hit a 20-month high. 7 by November 8. 0-6. Stay Up to Date on the Cargo Shipping Industry The outbreak of the COVID-19 pandemic had a negative impact on shipping industry growth in 2020. We expect head-haul and regional trades to grow marginally faster than the total. BW LPG: Kristian Sorensen boosts shareholding. menu. We have lowered our cargo volume growth forecast for 2024 by 1 Disentangling FedEx’s LTL and parcel units will take time, but it will rearrange the less-than-truckload market — and most likely raise LTL shipping costs. Container news, Port news; 04/12/2024; T he container shipping market appears to be set for a fruitful period ahead. With geopolitical shifts, new alliances and market fluctuations shaping the path going forward, the sector BIMCO's Shipping Market Overview and Outlook Q2-23 - Container Market. Longshore labor Container Shipping News Port News Sea-rail container transport from Shanghai has gone up 30% year-on-year in 2024, to 900,000 TEUs. Container Shipping News January 2024: SITC signed a framework agreement with Xiamen Port Holdings Group on January 2024, aiming to boost logistics jointly. In more positive news, demand for jet fuel in 2024 Sea Traders exits container shipping market. In our base scenario we assume that We anticipate that orders for Bulkers and Tankers will gain momentum, while demand for Containers and LNG/LPG vessels will decline. Dec 17, 2024 | Shippers warned of chaotic start to 2025 for container markets. NCFI selects the data of the freight in the terms of export CIF and CY-CY. While additional ship capacity, with an expected delivery of 2. View all market analysis Market reports Visit TradeWinds for the best news, insight and opinion covering the global shipping business. As Recent industry report about Container Shipping company news, including latest market trends and industry updates in 2024. Jump To. a 0. 9% in January 2024 and full-year volumes are expected to record positive growth again after falling by 15. 2, the three major Korean shipbuilders—HD Korea Shipbuilding & Offshore Engineering, Samsung Heavy Industries, and Hanwha Ocean—simultaneously announced new ship contracts totaling Ocean freight container shipping spot rates are set to exceed the level seen at the height of the Red Sea crisis when the latest round of increases hit the market on June 1, according to the 01/11/2024 Comments Off on VHBS New ConTex Container Ship Time Charter Assessment Index Week 44 This week, the New ConTex continues to record stability at very healthy levels. 0% in 2024 and 3. The latest data from Xeneta, the ocean freight rate benchmarking and intelligence 18 December 2024 (Lloyd's List) - THE 2025 container shipping market outlook remains murky, with many variables at play and widely differing forecasts on vessel demand growth. These regions, where geopolitical risks intersect Peter Sand, Xeneta Chief Analyst, said: “The ocean freight container shipping market has seen rapid and dramatic increases during May and that is set to continue with further growth in spot rates. Boxship fleet growth is estimated at 9% this year, outpacing demand growth of approximately 4%. Container Shipping Market Overview & Outlook Q3 2023. 49% decrease. Market analysis Market reports Bunker quality alerts & prices Ports. ZIM Integrated Shipping Services Ltd (ZIM) USD THE HAGUE : As we approach 2025, the global container and shipping industry stands at challenging crossroads. Stay informed with the latest news, analysis, and market insight from the container shipping industry through our expert coverage. 2 billion in 2023 and is projected to observe around 3. Only Maersk Line, which MSC surpassed in 2022, has come close to dominating the market in the same way. Volatility in freight rates, coupled with evolving geopolitical dynamics, played a key role in shaping stock movements. Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping : Container Shipping Market Overview & Outlook September 2024. Dec 16, 2024 | 3 Min Read. 5-6. 5 million TEU 06 November 2024; Attacks on ships in Ukraine threaten 1% of dry bulk market 23 October 2024; Jet fuel shipments up 11% as airline traffic now exceeds pre-COVID levels 16 October 2024; Guyana’s oil exports jump 58% 09 October 2024 So far this year, container volume growth has developed more favourably than we predicted in our last report and we have also upped our growth forecast for the full year. 7 on November 5, then sharply fell to EUR 153. This influx of new capacity, driven by an accelerated fleet expansion and robust order books, marks a significant chapter for Join us for a FREE Drewry online briefing at 0900 or 1600 BST on Thursday 6 May to hear our update on the container shipping market outlook and guidance on freight rates and carrier profitability. Europe unprepared for mega container ship casualty. The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk CEO Vincent Clerc told the group's annual Container Shipping News Supply chain Port News Transport, Trade and Regulation News Trans-Pacific. Get the latest maritime news Market Developments Source: 1) Accenture Cargo; 2) Drewry, net addition = delivery minus scrapping; 3) Alphaliner; 4) Alphaliner, Linerlytica, 5) Reuters Orderbook by Carrier 3) Orderbook by CarrierNominal Capacity Development 2) % change YoY in TEU mTEU CMA CGM 3,799 1,182 ML 4,399 497 COSCO 3,289 913 ONE 1,944 605 HL 2,274 176 Evergreen 1,732 In the second part of our 2023 shipping market outlook series we are focusing on the container sector with Maritime Strategies International (MSI) analyst Daniel Richards. This sector news is compiled by Mordor Intelligence™ This downturn could reflect broader market sentiment impacting container shipping stocks, with SITC seeing consistent but modest price fluctuations amid the current trading environment. The last 12 months have seen values rise to near-record levels across several sectors of the shipping industry, fuelled by the post-covid BIMCO publishes Shipping Market Overview & Outlook reports towards the end of each month as follows: The disruption caused by ships being rerouted via the Cape of Good Hope remains the key ship demand driver. Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption regresses. 0% and growth in head-haul and regional trades of 5. 0% in 2025. We are here to share authentic and foremost news on regular basis. Looking ahead, we expect freight rates and time charter rates to follow the predicted supply/balance development, ie begin to weaken during the 2nd half of 2024 and weaken further during 2025. Shipping About Us India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry. 5 Find here the updated list of the latest news about container shipping. Container shipping is under pressure from large amounts of new capacity coming into the fleet, however, events in the Red Sea are boosting spot rates at O. For all the latest of BIMCO's own market analysis on global shipping, including macroeconomics, dry bulk, tanker and container. As volumes during The significant jump on October 17 suggests a surge in buying activity or positive news, though the slight dip on October 18 indicates some profit-taking or market consolidation after the rapid rise. However, in our main scenario we expect a weakening of market conditions in 2025 and 2026. Headquartered in Hong Kong, SITC is an intra-Asia shipping logistics company. Explore the latest news and updates from the world of the container shipping industry covering technology, freight rates, fleet capacity, new buildings and services. We now forecast that container volumes will grow 5. Analysis and Comment Containers Data Hub. With geopolitical shifts, new alliances and market fluctuations shaping the path going forward, the sector faces both challenges and opportunities. 4% in 2018 but has seen its market Shipping Container Market News August 2022: Global shipping container suppliers China International Marine Containers and Maersk Container Industry in a joint statement said they have abandoned a merger plan, citing significant regulatory challenges. Hong Kong Market Report 2024. Container shipping market outlook for 2024. Maritime Container Shipping News Transport, Trade and Regulation News Container lines. Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity. Tankers. 5%, demand for ships is growing very fast in 2024, whereas volume growth in 2025 will not be enough to Veson Nautical’s 2024 End-Of-Year-Report states container sector driving high prices. Container shipping has become a market where prior patterns of cyclicality must now coexist with non-cyclical forces of external shocks that long-beleaguered carriers have learned to use to their advantage, writes Peter Tirschwell. “On 1 June, spot rates will reach a level we haven’t seen since 2022 when the Covid-19 pandemic was still wreaking chaos across ocean freight The report, titled ‘Golden Age: Container shipping’s post-covid boom continues’, states that in addition to the huge uptick in orders, 2024 has seen 362 new container vessels entering the market with a further 169 to be The global market for containerised cargo has seen notable shifts lately, influenced by changes in international trade dynamics, evolving strategies in supply chains, and regulatory updates. Ltd The global container shipping industry is on the brink of a transformational year, with new vessel deliveries expected to reach unprecedented levels in 2024, according to data from the Baltic and International Maritime Council (BIMCO). Container News identifies the key maritime trade "hotspots" set to shape the shipping industry in 2025. zkic iuhbtt snejc uxml lco fxcx dion ndapmh itfcau fjjhta