Shipping Market Insight

As of the 8th, the Baltic Freight Index (BDI), which shows the bulk carrier market conditions, fell 6.6% from the previous week to 2,067 points, and demand volatility is high amid concerns about an economic slowdown. The drop in freight rates for small and medium-sized ships is larger than for large ships, due to the lack of new demand for coal and grain due to the off-season. New iron ore deman..

Dry Bulk 2022. 7. 13. 09:00

As of the 8th, the Shanghai Container Freight Index (SCFI), a global shipping rate indicator, recorded 4,143.87, down 59.4 points from the previous week. The freight index fell on 6 of the 7 routes, excluding the South American route. Freights on the West Coast route in the US fell by US$218 to US$7,116 per FEU (12m length container), showing the largest drop. European routes dropped by $34 to $..

Container 2022. 7. 12. 09:00

In the 28th week, BDI and SCFI predicted values and actual values are compared and tested. 1. Last Week’s forecasts 1-1. BDI, Actual Vs. Predicted Date Last week Forecast Actual BDI MAPE(%) Accuracy(%) ‘22/27W(7/4~8) 2,122.379 2,088.00 1.6% 98.4% 1-2. SCFI, Actual Vs. Predicted Date Last week Forecast Actual SCFI MAPE(%) Accuracy(%) ‘22/27W(7/4~8) 4,201.261 4,201.26 1.4% 98.6% The prediction acc..

Forecast 2022. 7. 11. 10:24

On July 1, the Baltic Dry Index (BDI) closed at 2,214, down 26 points from the previous day. In the last bulk market, Cape Ships recorded a decline on the last day, but showed an atmosphere of revival as the inflow of new cargo from both waters increased, such as showing a surge in the middle of the week. Small and mid-cap stocks declined in the second half of the week, but did not reach a rebou..

Dry Bulk 2022. 7. 5. 09:00

The container freight index (SCFI) is showing a downward trend. Last week's SCFI was 4,203, down 13p from 4,216 in the fourth week of June. The SCFI, which broke the 5,000 mark in March of this year, is showing a correction trend as freight rates for European routes have recently declined. Let's take a closer look at SCFI's fare index by route below. 1. Weekly Market Briefings Recorded at ‘4,203..

Container 2022. 7. 4. 22:50

In the 27th week, BDI and SCFI predicted values and actual values are compared and tested. 1. Last Week’s forecasts 1-1. BDI, Actual Vs. Predicted Date Last week Forecast Actual BDI MAPE(%) Accuracy(%) ‘22/26W(6/27~7/1) 2,527.450 2,227.89 13.4% 86.6% 1-2. SCFI, Actual Vs. Predicted Date Last week Forecast Actual SCFI MAPE(%) Accuracy(%) ‘22/26W(6/27~7/1) 4,211.002 4,216.13 0.2% 99.8% The predict..

Forecast 2022. 7. 3. 00:20

1. Overview Last year, President Biden signed an executive order to crack down on container detention charges (detension and demerge) charged by shipping companies to shippers, and the U.S. Department of Justice and the Federal Maritime Commission (FMC) have strengthened cooperation. Inflation, which has been seriously pointed out recently, is cited as the main cause of this issue. In the midst ..

Special Report 2022. 7. 1. 16:20

Order Book 2022. 6. 30. 15:30