MarketPulse

MarketPulse

Market Pulse – 2022 Week 19

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202219] Market sentiment has improved slightly with both freight rates and charter rates holding up relatively better in anticipation of easing lockdown restrictions in key Chinese cities. Although the SCFI posted its 18th consecutive weekly drop, rates are expected to rebound when Shanghai re-opens within the next few weeks. The sustainability of the rebound will depend on the strength of cargo demand and forward signals ar

MarketPulse

Market Pulse – 2022 Week 18

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202218] Freight rates continued to fall last week but the pace of reductions have slowed with lower activity over the Labour Day holidays. Further rate reductions are expected despite attempts by some transpacific carriers to push for rate increases on 15 May and 1 June, with bookings too weak to support the rate hikes. Charter rates have also weakened in the face of softening demand, with both carriers and shipowners hoping

MarketPulse

Market Pulse – 2022 Week 17

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202217] The last week of April failed to lift rates, despite the impending contract rate increases on the transpacific routes with higher rates taking effect from 1 May. Asia to US West Coast contracts will rise to an average of $9,000/feu while US East Coast contracts will increase to $11,000/feu which is higher than current spot rates of $7,800 and $10,600 respectively. With most of the Asian markets closed for the Labour

MarketPulse

Market Pulse – 2022 Week 16

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202216] MARKET BRIEF - 2022 WEEK 16 The outlook remains weak as long as the lockdowns at key Chinese cities remain in place, with concerns emerging that the Shanghai infection rate is worsening and could spread to Beijing. Port congestion at Chinese ports remain elevated with waiting times at Ningbo rising to up to 7 days but Shanghai wait times remain at less than 2 days as cargo volumes have been significantly curtailed.

MarketPulse

Market Pulse – 2022 Week 15

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202215] MARKET BRIEF - 2022 WEEK 15 The build up of ships waiting at Shanghai and Ningbo remain high but global capacity tied up by port congestion has declined last week as the pace of Chinese exports have slowed down due to the extended lockdowns at several key cities in China. Freight rates continued to trend downwards, with no rebound expected until Chinese exports return to their former pace. US bound rates remain relat

MarketPulse

Market Pulse – 2022 Week 14

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202214] MARKET BRIEF - 2022 WEEK 14 Freight rates from Asia have continued to weaken led by further declines to Europe while US rates are comparatively firm as the market appear to have priced in ILWU disruptions with spot rates in some case falling below new contract rates on expectations of further supply chain disruptions later this summer. Extended lockdowns in various China cities have led to significant export cargo s

MarketPulse

Market Pulse – 2022 Week 13

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202213] MARKET BRIEF - 2022 WEEK 13 Weak market demand continued to push freight rates downwards, with further softness expected in the next 2 weeks. The SCFI recorded its 12th consecutive weekly decline and is 15% lower than the peak in January. Space is open out of all Asian origins, with vessel utilisation not strong enough to support any rate increase in April. Port congestion eased from the peak recorded last week, wit

MarketPulse

Market Pulse – 2022 Week 12

Download Full Report [https://www.linerlytica.com/uploads/Linerlytica-MP12.pdf?utm_source=W202212] MARKET BRIEF - 2022 WEEK 12 Freight rates registered their 11th consecutive weekly fall to reach a 7 month low, with weakness across all tradelanes out of China, with the sharpest falls on the Europe, South America, Australia and Middle East routes. The newly announced lockdowns in Shanghai will further dampen export demand out of China. Charter rates have finally broken their 4 month rising traje

MarketPulse

Market Pulse – 2022 Week 11

Download Full Report [https://www.linerlytica.com/uploads/Linerlytica-MP11.pdf?utm_source=W202211] MARKET BRIEF – 2022 WEEK 11 Spot freight rates dropped for the 10th consecutive week, with the impact of the lockdowns in several cities in China and the Ukraine conflict weighing down further on freight demand. Charter rates also appear to have peaked by the end of the week with the first drop in the charter rate index since early December. This has not deterred carriers from chasing tonnage with

MarketPulse

Market Pulse – 2022 Week 10

Download Full Report [https://www.linerlytica.com/uploads/Linerlytica-MP10.pdf?utm_source=W202210] MARKET BRIEF – 2022 WEEK 10 Spot freight rates dropped for the 9th consecutive week, with further falls expected in the next 2 weeks as carriers were unable to push through with mid-March rate increases amidst soft volumes across all main tradelanes. The weakness has not deterred carriers from chasing tonnage as charter rates and resale prices continued to rise, and fresh ship orders have been unv

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