Shipping Market Insight

Due to the surge in sea freight rates during the pandemic, the financial status of shipping companies has improved significantly. A bankruptcy risk index based on these financials may not be very meaningful right away. However, if the current market conditions continue, the financial condition of shipping companies will eventually deteriorate again. At that point, we expect the financial positio..

Container 2023. 5. 2. 08:33

Hello, In this article, I would like to use charter rates to understand the current level and inflection point of ocean freight rates. Containership rates continue to be sluggish, and dry bulk carriers have recently recovered after bottoming out after reopening in China. Let's do a comparative analysis by comparing charter rates and freight rates. 1. Charter Rate Let's look at the definition of ..

Special Report 2023. 4. 19. 08:27

In the 12th week, BDI and SCFI predicted values and actual values are compared and tested. 1. BDI forecast 1-1. ARIMA, Time series analysis For the BDI index forecast, I used weekly data (476 pieces) from January 3, 2014 to March 24, 2023 to predict the freight for three weeks in the future. Date Forecast ‘22/13W(4/3~7) 1,365.481 ‘22/14W(4/10~14) 1,257.375 ‘22/15W(4/17~21) 1,183.132 1-2. Logisti..

Forecast 2023. 3. 27. 00:28

Hello, In the last chapter of the introduction of tanker ships, as in the previous series, we will analyze the supply of ships. Among the various types of tanker ships (oil tankers, product ships, chemical ships, LNG/LPG ships), we understand that this will be an analysis and introduction focused on crude tankers. 1. Introduction of Crude Tanker, major shipping companies The table above shows th..

Special Report 2023. 3. 23. 23:34

The second chapter, Introduction to Tanker Ships, is written in order to introduce the overall market conditions of oil tankers, the concept of calculating freight rates, and the trend of oil prices. I hope this helps you look at the overall flow. 1. Worldscale(WS) If you look at the classification of ships covered in the previous article, you can see that container ships are classified as liner..

Special Report 2023. 3. 16. 23:18

Following the introduction of bulk carriers and container ships, the third chapter introduces tankers. If the bulk carrier market is linked to raw materials such as iron ore, coal, and grain, and the container ship is linked to economic trends, terminal & port demurrage (strikes), and temporary cancellation of alliances, the tanker ship is related to international oil prices and natural gas. is ..

Special Report 2023. 3. 10. 17:33

Introducing the final chapter of the container ship overview. In this chapter, we will focus on the ranking of container shipping companies, the capacity of each shipping company, and the trend of large-scale. 1. Ranking of Top 20 shipping companies https://alphaliner.axsmarine.com/PublicTop100/ This is a ranking by container ship that can be viewed for free on Alphaliner. If you enter the link ..

Container 2023. 3. 2. 23:38

Let's start the second chapter of the container ship. Let's talk about SCFI, a representative freight index, introduction of major sea routes, cargo volume, and alliance system. 1. Composition of SCFI If the BDI introduced in the last article is the benchmark index for bulk carriers, SCFI can be viewed as the benchmark index for container ships. Of course, in addition to SCFI, there are CCFI, WC..

Container 2023. 2. 23. 00:24