Shipping Market Insight

As of March 24, BDI(Baltic Dry Index) recorded 2,544. 17.2% higher than the same period last year(YTD vs YTD). In particular, the fare for the Cape, which is twice the size of the Panamax, is rather half the price. If China's iron ore issue is resolved, freight rates may surge again soon. 1. Capesize Weekly Trend 1-1. Weekly Market Briefings China responds with a zero-corona policy to control th..

Dry Bulk 2022. 3. 29. 09:00

As of March 25, SCFI(Shanghai Containerized Freight Index) recorded 4,434.07. 72.5% higher than the same period last year. The average SCFI of the last five years ('15-19) was 675.19, indicating that the fare level as of the 13th week of fiscal 22 is still very high. However, the SCFI rate index declined for 10 consecutive weeks, reflecting the trend. 1. Container Ship Weekly Trend 1-1. Weekly M..

Container 2022. 3. 28. 16:45

International oil prices, triggered by the Russia-Ukraine war, have taken a smooth after a sharp rise (February and March). The recent absence of additional sanctions on Russian crude oil from Western countries is interpreted as limiting the rise in oil prices. We will also look at the sharp rise in international oil prices and the shipping market affected by them. 1. Crude oil supply and demand..

Commodity 2022. 3. 27. 12:35

Among the various ship types in the shipping market, this study will examine the annual demand and supply change rates for container ships, dry bulk carriers, oil tankers, and LNG carriers. Because the factors affecting the shipping market are very diverse, it is impossible to predict the future market situation simply by supply and demand. But In the long run, it is possible to grasp the overal..

Special Report 2022. 3. 25. 14:39

The SCFI freight rate index, which represents the containership market, has been on a downward trend for 9 consecutive weeks since its peak on January 7, 22-year. Let's take a look at the congestion status of the US West Port (LA/LB), which has been the cause of the surge in freight rates since November of last year. 1. Current status of port congestion in western US In November of 21-year, the ..

Special Report 2022. 3. 24. 11:23

1. Ship order by ship type 1-1. Dry bulk Looking at the order book for dry bulk ships, 24,524,422DWT in 2022 / 26,968,050DWT in 2023 / 11,010,940DWT in 2024 are scheduled to be delivered respectively. The main feature is that the proportion of bulk carrier orders from Japanese shipping companies by year is very high. In both 22/23/24 years, it can be seen that Japanese shipping companies ranked ..

Order Book 2022. 3. 23. 13:18

As of March 18, SCFI(Shanghai Containerized Freight Index) recorded 4,540. 75.7% higher than the same period last year. However, the SCFI rate index declined for 9 consecutive weeks, reflecting the trend 1. Container Ship Weekly Trend 1-1. Weekly Market Briefings In the 11th week of '22 (3.14-3.18), the SCFI Composite Index recorded '4,540.3p'. Weakness continued on all routes except Japan, fall..

Container 2022. 3. 22. 17:21

As of March 18, BDI(Baltic Dry Index) recorded 2,605. 17.4% higher than the same period last year 1. Capesize Weekly Trend 1-1. Weekly Market Briefings Decline adjusted due to delayed recovery of iron ore demand in China and the end of East Australian coal shipments to Europe In order to prevent the spread of COVID-19 in China, a 7-day lockdown will be implemented in large cities such as Shenzhe..

Dry Bulk 2022. 3. 22. 09:35