Shipping Industry 06 (Mar 22 - Dec 24)

[behappyalways]

The "three crazinesses" of containers reappear!
MSC launches diamond-level freight rates with "guaranteed space"
One Piece is resurrected?! Yang Ming.
Wan Hai's volume hits the limit

貨櫃"3大瘋狂"再現!MSC推鑽石級運價"保證有艙" 航海王復活了?!陽明.萬海爆量漲停｜非凡財經新聞｜20240513

https://m.youtube.com/watch?v=Tv8dXxzWax4

[behappyalways]

Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells
https://www.cnbc.com/2024/05/23/a-sudde ... aring.html

[behappyalways]

Global #container #freight rates screaming higher for a third consecutive week with the Drewry Composite showing a 16% weekly jump to $4072 pr 40ft box, the highest since Oct 2022, with strong gains recorded on all the major China to US and EU routes #supplychain
https://x.com/Ole_S_Hansen/status/1793605968804344267

[behappyalways]

Maritime revival? The effect of the Red Sea crisis.
SCFI has risen by more than 50% in the past 2 months.
One Piece has risen more and more as it crosses the border?
Wanhai strobes red lights.
Yang Ming rises by more than 6%.

海運復興?紅海危機效應SCFI近2個月漲逾5成 航海王越關越漲? 萬海頻閃紅燈 陽明漲逾6%｜非凡財經新聞｜20240527

https://m.youtube.com/watch?v=TeX_QibFWlY

[behappyalways]

Supply Shock: Shipping Container Costs Top $10,000 Amid Red Sea Turmoil Thinning Global Capacity
https://www.zerohedge.com/commodities/s ... ing-global

[winston]

Red Sea diversions, tariff risks send ocean shipping soaring

By Lisa Baertlein

Spiking ocean shipping rates, vessel backups at seaports and empty container shortages — issues that wreaked havoc on global trade during the Covid pandemic supply-chain crisis — are back as the industry enters its busy season.

Ships on the China to Europe and China to US East Coast lanes are instead sailing around Africa, cascading disruptions and higher costs across supply chains that rely on ocean vessels that transport about 80% of international trade volume.

Port congestion in China and other Asian countries is pressuring an over-stretched container shipping market that is already reeling from shortages in vessel space and equipment.

Singapore, the world's second-busiest container port, is now experiencing severe delays. Some ships are skipping calls there, upending schedules at downstream ports.

Empty containers also are piling up in Sri Lanka and the United Arab Emirates, while China and Singapore are reporting shortages.

Source: Reuters

https://theedgemalaysia.com/node/713897

[behappyalways]

The Red Sea crisis encourages early stocking in Europe and the United States.
Evergreen: Optimistic about Q3 ahead of peak season.
Wanhai passes cash dividend of 1.5 yuan and calls for European and American lines to drive Asian lines.

紅海危機促歐美早備貨 長榮:旺季提前樂看Q3 萬海通過現金股利1.5元 喊歐美線帶動亞洲線｜非凡財經新聞｜20240528

https://m.youtube.com/watch?v=-x8sK2HIWTQ

[behappyalways]

Freight rates are heading higher again. This can't be great news for inflation.

"The composite index increased 4% to $4,226 per 40ft container this week and has increased 151% when compared with the same week last year." - Drewry World Container Index
https://x.com/AyeshaTariq/status/1797234662739223019

[behappyalways]

The shipper now expects earnings before interest, tax, depreciation, and amortization of $7 billion to $9 billion, up from its earlier estimate of $4 billion to $6 billion.


For Second Time, Maersk Lifts Guidance As Red Sea Crisis Sends Container Freight Rates Soaring
https://www.zerohedge.com/commodities/s ... es-soaring

[behappyalways]

Huiyang confirmed that there is a ship shortage in the bulk market.
In the first half of the year, EPS challenged 4 yuan.
Old ships will be sold at a profit!
Huiyang will launch new ships this year and next year.
慧洋證實散裝市場鬧船荒 上半年EPS挑戰4元 舊船有賺就賣!慧洋今明年陸續都有新船下水｜非凡財經新聞｜20240531
https://m.youtube.com/watch?v=GhMTWSImaTE


Red Sea Crisis: Singapore’s port is blocked with 450,000 containers.
Traders prevent shipment delays and place orders in advance
紅海危機ing 新加坡塞港卡45萬貨櫃 貿易商防延遲出貨 提前下單｜TVBS新聞 @TVBSNEWS02
https://m.youtube.com/watch?v=5JAWEii5rv8