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    Home > Active Ingredient News > Feed Industry News > In May and June, the shipping company stopped shipping in large areas, container freight rates continued to rise! Ports, transportation industry continues to bear pressure!

    In May and June, the shipping company stopped shipping in large areas, container freight rates continued to rise! Ports, transportation industry continues to bear pressure!

    • Last Update: 2021-03-07
    • Source: Internet
    • Author: User
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    ; As a result of the impact of the new crown outbreak on global trade, according to Alphaliner, as of May 11, there were 524 idle container ships and a total idle capacity of 2.65 million TEU.
    is equivalent to 11.3 per cent of the total capacity of container ships worldwide.
    broke the record of 2.46 million TEU set when the outbreak began spreading globally in early March.
    year, shipping companies have announced the cancellation of a total of 478 voyages, of which 350 are mainly on ocean-going routes, the number of ships suspended has reached 250%-300%.
    Large-scale suspension also has a certain impact on the port, but container freight rates continue to rise! May-June suspension summary day, easy ship release data show that May-June shipping companies in Asia-North America / Europe a total of 167 stop flights.
    105 sailings in May and 62 in June.
    compared with april 30 statistics, there were four new suspensions in May and three more in June.
    , 66 of the 167 routes suspended were seasonal.
    As of May 9, THE Alliance has suspended 34 routes, Ocean Alliance has suspended 24 routes, 2M has suspended 25 routes, and other or independent routes have suspended 22 routes, accounting for 32%, 23%, 24% and 21% of the number of suspensions in May, respectively.
    entered June, the alliance of 24 of the 62 routes suspended, accounting for 39%; The Maritime Union suspended seven flights, accounting for 11%; 2M Alliance suspended 19 flights, accounting for 31%; 12 other or stand-alone routes were suspended, accounting for 19%.
    19th to 26th weeks, the suspension resulted in a reduction in capacity of about 19.6 per cent.
    the normal capacity situation, shipping companies in Asia-Nordic routes put in the most capacity, followed by the United States-West route.
    the same time the Nordic route was the highest of the four, followed by the Mediterranean route.
    companies on the Asia-Mediterranean route had the least capacity, but the suspension accounted for 25.7 per cent of normal capacity, the highest.
    the U.S.-West route companies put in more capacity, but the U.S.-West suspension accounted for a small proportion of normal capacity, about 17%.
    ocean alliance has the most capacity on the Asia-North America/Europe route, followed by the 2M alliance and finally the THE alliance.
    , the THE Alliance has the highest proportion of suspensions in the three alliances and the proportion of stoppage capacity in normal capacity.
    , chief executive of Haag-Lloyd, said: "In the current situation, we are more eager than ever to cut costs and stop unnecessary vessels, which is the only way we can survive.
    container freight rates continued to rise, up 13 per cent from a year earlier, according to data released last week by the World Container Index.
    routes from Shanghai to Rotterdam and Genoa are 5% and 15% higher than in the same period last year.
    compare the past April with April 2019.
    contract index, China's export container freight index CCFI was 9 per cent higher in April than a year earlier and XSI was 11 per cent higher.
    shanghai's export container freight rate index SCFI is 9% higher, and the global container composite index WCI is 11% higher.
    the Asia-Europe, SCFI and WCI On-the-go rates index, Nordic routes rose 12 per cent and Mediterranean routes rose 18-21 per cent.
    CCFI contract freight rates rose by 5% in northern Europe and 15% in the Mediterranean.
    composite import index rose 33 per cent compared with the XSI, while the European import index rose 7.5 per cent.
    , according to Sea Intelligence, a shipping consultancy, there have been about 470 suspensions so far this year.
    the outbreak has had a huge negative impact on the global economy and demand, container freight rates have remained at an ideal level under the collective self-regulation of global shipping companies.
    , its chief executive, said that despite the sharp drop in demand, the cancellation of the carrier's capacity had had a positive impact on freight rates.
    in other words: the stability of freight rates is related to the idle capacity of shipping companies and the cancellation of voyages.
    from the 19-26 week period, the departure ports, China's top ten coastal ports were affected to varying degrees.
    affecting the port of Dalian port around the Bohai Sea normal port frequency of 24 times, the suspension rate of 0%, not affected; Qingdao port normal port frequency of 160 times, 41 stops, accounting for 26%; Tianjin Port normal port frequency of 56 times, stop 2 frequency, accounting for 4%.
    the southeastern coastal port of Fuqing port normal port frequency of 8 times, the suspension of 5 frequency, accounting for 63%; Xiamen Port normal port frequency of 152 times, 24 stops, accounting for 16%.
    the Yangtze River Delta port Ningbo Zhoushan port normal port frequency of 368 times, the suspension of 77 frequency, accounting for 21%; The normal port frequency of Shanghai port is 416 times, the suspension of 78 frequency, accounting for 19%; Pearl River Delta port Guangzhou Nansha port normal port frequency of 72 times, 12 stops, accounting for 17%; Merchants Shekou Port normal port frequency of 80 times, 14 frequency of suspension, accounting for 18%; Yantian Port normal port frequency of 328 times, 48 stops, accounting for 15%.
    drewry adjusted his forecast for this year's container transport market, saying it would be the most challenging year since the 2008 financial crisis and that the outlook for the container transport industry was bleak, according to Lloyd's List.
    if the outbreak is not contained in the second half of the year or if a new outbreak begins next year, the market is expected to be further downgraded.
    said port activity would improve in the second half of the year as countries unsealed and launched stimulus packages.
    , however, global port container throughput is expected to decline by 8 per cent by 2020 as a result of the current outbreak.
    , senior manager of container research at Drewry, said: "We believe the outbreak will result in a 16 per cent reduction in global port container throughput in the second quarter.
    , economic activity will improve in the second half of this year as the embargo is lifted and the stimulus package takes effect.
    " forecasts are in line with port throughput reports received by Lloyd's Daily in recent weeks, including some in China, Europe and North America.
    international monetary fund has previously said that in a worst-case scenario, global GDP would fall by up to 6 per cent by 2020, meaning container throughput at ports would fall by 12 per cent.
    Drewry adds that there will be a 6% drop in the coming 2021.
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