has been in the second half of the year in a blink of an eye. The market decline in the shipping fee market is like the water of Yangtze River , and it has been accelerating the bottom in the past week!
According to Yi Shipping, data provided by Drury's latest global shipping market report shows that the World Container Freight Index (WCI) has been falling continuously and has expanded again compared with the past two weeks.
▲Freight rates fell for 22 consecutive weeks
overall decline increased again, with a year-on-year decline of more than 30%
Last week, the World Container Freight Index (WCI) fell to 2.6%, to US$6,820.04 per 40-foot container. Compared with the same period last year, the overall freight rate has fallen to 24%
major European and American routes decline (per 40ft container)
, Shanghai - Genoa fell 529 US dollars (down 5%) to 10,300 USD
, Shanghai - New York fell $322 (down 3% ) to 9,842 USD
, Shanghai - Los Angeles fell $200 (down 3%) to 7,280 USD
, Shanghai - Rotterdam fell $90 (down 1%) to 9,092 USD
▲Freight rates for major routes fell
According to the historical data of freight for major routes, the freight rates for Shanghai-Rotterdam fell by 30% compared with the same period last year;
Shanghai-New York freight rates fell below $10,000 to $9,842/FEU;
Shanghai-Genea's sea freight rates fell by $529 per week.
Drewry expects the container freight index to continue to decline in the coming weeks.
1 Shipping founder and CEO (CEO) Zhong Zhechao said in an interview with Securities Times reporter: "In the past six months, the global freight index has recorded a continuous decline. This long and significant decline in is extremely rare in the industry. "
shipping companies continue to suspend their sailing and jumping port strategies, 70% of which occurred in the United States and West
html html in the past six months of the year, according to Drury's latest data, in the Trans-Pacific Ocean, Transatlantic Ocean, Asia-Nordic Europe and Mediterranean , Of the 758 scheduled voyages, 76 voyages have been cancelled between Week 29 and Week 33.
Among the cancelled voyages, 71% of the blank voyages will occur on the trans-Pacific eastbound route, mainly to , the west coast of the United States, .
Specifically for the suspension arrangements for the next five weeks (29-33 weeks), the three major alliances of canceled a total of 61 routes, including:
2M Alliance announced the cancellation of 20
THE Alliance announced the cancellation of 23.5
OA Alliance canceled 17.5
110
11
3
▲Ship companies suspended sailing and jumped to port
Ship companies suspended sailing and jumped to port
▎Hapag-Lloyd publication notice of port hop
Hapag-Lloyd released ship schedule adjustment notice recently, due to the continued port congestion on the west coast of North America, the ship delayed from Starting from August 2022, its trans-Pacific services will provide port adjustments that may affect cargo plans:
Pacific North Loop 2 (PN2) service, starting from Singapore , the port of Vancouver, Canada will be omitted, and the eastbound affiliation will be added in Shanghai, China;
Pacific North Loop 3 (PN3) MV Seaspan Beacon from Hong Kong Will not dock at Tacoma, USA;
▎MSCh announced the adjustment of voyage
Mediterranean Shipping recently issued an announcement stating that due to the continued challenging market situation, its Liberty service will be omitted to New York until further notice, from ZIM PUSAN on August 3, 2022, voyage 08E, ETA Tanjung Pelepas Start; Summary of suspension and jumping ports from mainland China to North America, Europe and the Mediterranean for the 30th to 35th weeks (from 2022/7/25 to 2022/9/4): Summary of suspension and jumping ports from (slide to view)
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