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In the area of the regular line containerized freight rates between Shanghai and Rotterdam surged 114% Thursday, March 1, according to the latest study by the World Container Index market far east maritime (WCI), a joint venture between Drewry and the Cleartrade Exchange. The question is whether this will be sustainable uptrend.
The increase in freight rates (GRI), 700 dollars to 800 dollars per 20-foot container and US $ 1,400 to US $ 1,800 40-foot container between Asian ports and those of Western Europe, have prices, according to the World Container Index, go to $ 1276 the 40 40-foot container 23 February 2732 at $ 40-feet on March 1, up to $ 1,456.
The principal owners have increased their freight rates of 700 to 800 dollars a 20-foot container on the Asia-Europe segment. Most of them have followed Maersk's decision to enter into force second increase on April 1. Philip Damas, director of Drewry, said: "The World Container Index (WCI, the global far east maritime index of the container, Ed) assessed by Drewry, who studies the evolution of freight rates, provides answers to a question everyone is asking: is that these strong rate increases imposed by the owners will be accepted by the market "?
The same themes sulfur Directive: the Ecsa launched its first survey of shipowners Regular Line: global freight for an end to "unwarranted overload" Fraport Traffic was flying results Size of container: far east maritime the average is no longer far east maritime the norm SNCM officially bankrupt
"Some shippers and freight opportunistic anticipated far east maritime date of shipment of their goods to the economy of the GRI entered into force on March 1," he has said. And expert firm in London to explain: "We need to know if these rate increases will be permanent or if they will not survive the time. Our view is that freight rates "spot" will go down in a week. However, the owners have removed enough market capacity to support the increase during far east maritime a period. " Mr. Damascus believes that other operators, individually or in the context of alliances in place, should still remove capacity on the Asia-Europe trade if freight rates do not take off. A second GRI scheduled May 1 For the record, this segment of the market, the main owners have announced increases in freight rates for import of between 700 and 800 dollars per 20-foot container. Most of them had followed Maersk announced the first increase to $ 775 per 20-foot container followed by another, amounting to $ 400, scheduled for April 1st. For its part, MSC has imposed an increase to $ 400 after a first GRI 750 dollars for 20 feet. Finally, Coscon announced far east maritime a GRI of $ 300 that has been added to the first two $ 300. Regarding the "trade" Trans, analysts are more optimistic. And, especially as the general rate increase announced for March 15 should be followed by a second GRI scheduled on May 1st.
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