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Container freight rates are still falling continuously, but the range is decreasing

Time:2022-05-10 Publisher:Kevin Num:118

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Recently, executives of Triton international, the world's largest container leasing company, said that the current container production, new container price and lease term began to decline.

Although the current market situation is still in a good state, it is closer to normal compared with last year. Because in the past year, there has been a serious shortage of equipment and high freight in the shipping market.

According to Drewry's data, the global container output has reached 7.18 million TEU in 2021, the highest in history.

Some experts predict that this year's output will be much lower than last year. Therefore, many shipping companies are more cautious when ordering containers this year, and the boxes ordered by leasing companies will be less and less.

It can also be seen from the sales price of old containers that the demand for Marine Containers began to decline. In 2021, almost all containers, new or old, were put into use, which also led to a sharp decline in the number of containers in the market.

Shanghai is controlled, and the shipment volume decreased

It is understood that the Shanghai export container freight rate index has fallen for 16 weeks, but now the decline has been slowly narrowing.

According to the data released by Shanghai Airlines exchange, the SCFI index was 4163.74 points last week, down 13.56 points from the previous week, narrowing the decline to 0.32%. 

Among them, the European line, which had a sluggish performance, stopped falling last week, the Mediterranean line began to stop falling and pick up, while the performance of the US Line remained strong.

Recently, the demand of the global container transportation market has been affected by the closure of cities in Shanghai and other places, and the overall cargo volume has decreased. It is obvious that the changes of the global epidemic continue to affect the logistics supply chain.

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The industry pointed out that due to China's active implementation of the dynamic clearing policy, it is difficult for Shanghai to unseal in the short term. 

Although customers' demand for goods is strong, it is difficult for manufacturers to produce and ship goods, resulting in the recent decline in the demand for centralized transportation.

In fact, the manufacturer's production side is still. Once the work and shipment are gradually resumed, the centralized transportation market is expected to recover rapidly.

Analysts believe that although the centralized transportation industry is generally optimistic about the market prosperity this year, we should still pay attention to the changes in the global boom disturbed by the epidemic.

Maersk shipping, a container shipping giant, has warned that the freight rate is still high in the first half of the year, reflecting the bottleneck of the supply chain, but it is expected that the market will gradually normalize in the second half of the year, and even the freight rate may fall sharply.

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