On a Week 42, the MABUX World Bunker Index continued its firm upward trend. The 380 HSFO index rose by 8.88 USD : from 533.54 USD / MT to 542.42 USD / MT. The VLSFO index increased by 15.50 USD: from 632.43 USD / MT to 647.93 USD / MT, while the MGO index added […]
Hamburg, 19 October 2021: Container xChange, one of the world’s fastest growing tech companies and the market leaders for trading and leasing of containers, have published container prices data trends and insights soon after the Golden Week concludes in China and as the world prepares for Christmas holidays shopping season. The data indicates that the […]
While IMF reports global trade growth in monetary terms rather than in terms of container volumes or weight, there is a highly significant positive relationship between trade in economic terms and container shipping demand on a global level. Figure 1 shows the world trade projections across both imports and exports for both advanced and emerging […]
The historically high charter market has finally convinced Non-Operating Owners (NOOs) to return to the newbuilding arena for small and medium-sized tonnage, addressing the alarming under-ordering of these ship classes which Alphaliner highlighted in a report in Dec’20. Since the beginning of the year, NOOs have ordered no fewer than 113 ships (equal to 454,000) […]
Activity in the charter market remains low due to a continued dearth of tonnage impacting most sizes. However, the underlying demand remains strong, with ships coming up for employment on a prompt basis rapidly securing a new employment. Charter rates plateauing in past weeks, but rise in prices is now resuming, with both classic Panamax […]
On a Week 41, the MABUX World Bunker Index continued its firm upward trend, but in a bit slightly manner that the week before. The 380 HSFO index rose by 11.18 USD : from 522.50 USD / MT to 533.68 USD / MT. The VLSFO index increased by 17.69 USD: from 614.17 USD / MT […]
On a Week 40, the MABUX World Bunker Index continued its firm upward trend. The 380 HSFO index rose by 27.07 USD and overcame 500 USD mark: from 494.60 USD / MT to 521.67 USD / MT. The VLSFO index increased by 22.15 USD and exceeded the 600 USD mark: from 590.05 USD / MT […]
In issue 534 of the Sunday Spotlight, we used data from our Global Liner Performance (GLP) and Trade Capacity Outlook (TCO) databases, to gauge the impact that congestion and vessel delays have had on the global deployed liner capacity. Figure 1 shows the global impact. At the previous height in February 2021, 11.3% of global capacity was absorbed by delays, […]
Sale and purchase activity in the container ship market declined sharply in the third quarter but prices remain on a rising trend, with owners chasing a smaller pool of available assets. Sales volumes fell sharply in the July-September period, with ’just’ 103 ships of 380,000 teu sold. It is a significant drop from the 170 […]