Blank sailings have been traditionally used as a tactical tool to manage supply to bring it down in line with demand. Over the course of the pandemic, as demand plummeted, carriers resorted to blank sailings once again to ensure that vessels were not deployed empty. However, this was not the case across every alliance service. […]
Global bunker indices continued moderate decline over the Week 29. The 380 HSFO index went negative by another 1.09 USD: from 642.68 USD/MT to 641.59 USD/MT. The VLSFO index, in turn, fell by 12.28 USD: from 978.95 USD/MT to 966.67 USD/MT. The MGO index also lost 14.50 USD (from 1265.12 USD/MT to 1250.62 USD/MT). Following […]
For the first time in years the number of fully cellular container vessels sold for demolition in the first half of 2022 dropped to zero. The highly remunerative charter & freight markets, which have prompted NOOs and operators to keep trading their older vessels and steer clear of the recycling scene despite attractive demolition prices. […]
Despite expectations of upward correction after a sharp drop in bunker indices a week earlier, world bunker prices continued their downtrend over the Week 28. The 380 HSFO index fell by another 23.43 USD: from 670.18 USD/MT to 646.75 USD/MT. The VLSFO index, in turn, fell by 38.02 USD well below 1000 USD: from 1023.82 […]
Average core EBIT margins for the big global container lines reached another record high of 57.4% in the first quarter of this year. At this level of profitability, carriers are still keen to make the most of the liner shipping boom by expanding their fleets. The capacity of the world cellular container fleet however only […]
Over the Week 27, the world bunker indices showed a sharp decline, primarily due to the fall in oil prices on July 05. The 380 HSFO index fell by 52.10 USD: from 734.52 USD/MT to 682.42 USD/MT. The VLSFO index, in turn, decreased by 33.17 USD: from 1069.54 USD/MT to 1036.37 USD/MT. The MGO Index […]
Over the Week 26, the world bunker indices did not have a firm trend and showed moderate irregular changes. The 380 HSFO index rose by a symbolic 0.26 USD: from 735.46 USD/MT to 735.72 USD/MT. The VLSFO index, in turn, went up by 6.84 USD: from 1063.02 USD/MT to 1069.86 USD/MT. The MGO index, on […]
On 1 June, Alphaliner counted 205 container ships deployed between Europe (North Europe and the Mediterranean) and North America (Canada, US East Coast, US Gulf, Mexico and US West Coast). These 205 ships represent a total capacity of 1.14 Mteu, equivalent to a year-on-year increase of 13.7%. A more detailed survey of the capacity changes […]
Over the Week 24, the world bunker indices did not have a firm trend and showed moderate irregular changes. The 380 HSFO index fell by 6.11 USD: from 766.23 USD/MT to 760.12 USD/MT. The VLSFO index, in turn, rose by 5.02 USD: from 1088.43 USD/MT to 1093.45 USD/MT, coming close to $ 2000 mark. The […]