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Industry Highlights | Container ship charter market heats up
Feb 05,2024
Shipping industry network news, as liner companies strive to mitigate the continuing impact of the Red Sea crisis, the container ship charter market transactions more and more"Active".
As the ongoing Red Sea crisis is causing further imbalances and driving more demand, the New ConTex index rose for six consecutive weeks, closing at 605 points on January 25, up 4.7 percent week-on-week and 17.7 percent month-on-month, but still lower than the 731 points 17.2 percent in the same period last year.
According to MSI's analysis, liner companies may need to operate on their east-west routes.Deploy up to 200 additional ships to maintain weekly service.
MSI pointed out that only for Asia-Europe routes, according to the current service speed, liner companies need to deploy another 120 ships to ensure weekly service. If the average speed is increased by 1.5 knots, this number drops to 80 ships. Nevertheless, thisIt still means a lot of extra ships.
At the same time, rents "have been going up across the board," the Alphabliner said ". "As a result of the Red Sea crisis,Growing demand for overtime ships, Red Sea and Atlantic feeder routes on Asia-Europe routes, and the continuous freight volume before the Chinese New Year, keeping the charter market busy in the past few days."
Alphabliner表示，Maersk is "a very active chartererMore than a dozen ships have been sold ". In addition, smaller liner companies, such as Tailwind, Carrier53 and SeaLead, "have been busy locking up" ships traveling to and from Asia and Europe or the Red Sea ". at the same time, the demand for feeder ships in the atlantic "also increased substantially",Because the liner company tried to offset the delays caused by sailing around the Cape of Good Hope..
As liner companies are adjusting their networks accordingly and maintaining weekly service by adding ships and increasing speed. 2M Alliance partners Maersk and Mediterranean Shipping (MSC) recently said,It is "adjusting the east-west route to deal with the disruption" and will "change the port order and increase the number of ships".
Liner companies realignment networks may continue for some time, MSI notes,Given that there will be 3 million TEU newbuilding deliveries this year, liner companies may be able to fill the gap in their network by deploying newbuilding.
But before that, the broker expects,Independent Container Owners (NOO) Will Benefit. Alphabliner said: "How soon will the NOO market return to reality, which is into a large extentDepends onHow Long Will the Red Sea Situation Continue?。”
(Source: Shipping)
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