Shipping news

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
One person familiar with the situation said shipments of consumer goods from the company hadn't been halted, but planned shipments in July have been halved.

Samsung Asks Component Makers To Delay Shipments Amid Build-Up In Inventories
https://www.zerohedge.com/markets/samsun...nventories
You can find more of my postings in http://investideas.net/forum/
Reply
Recent shipping news are depressing. It is undeniable that shipping demand has softened, but dropping of the cliff seemingly harsh.

Below is a more balanced view of the shipping update in my opinion.

Retail slump?
https://www.freightwaves.com/news/retail...-crazy-hot
Reply
经济不好,航运也不会好

Recession is coming. This time round we have a synchronize recession in Europe, Asia and US. How bad will it be remains to be seen...

航運景氣由盛轉衰? 歐美運價走跌 貨運年底沒有旺季?|非凡財經新聞|20220812
https://m.youtube.com/watch?v=TYQbZKU1nHE
You can find more of my postings in http://investideas.net/forum/
Reply
Shipping peak is over....

SCFI貨櫃運價指數連11跌!本周暴跌8%疫情以來最慘 "這條線"更跌到11%..海運旺季不旺成定局?|非凡財經新聞|20220827
https://m.youtube.com/watch?v=tre0Aqv807Q

https://www.google.com/search?q=yang+min...e&ie=UTF-8
You can find more of my postings in http://investideas.net/forum/
Reply
CMA is unlisted so maybe more credible and took over NOL at low

(Bloomberg) French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a loosening of logistics bottlenecks in some regions as demand softens.
“What we’ve been seeing now for many weeks is a decrease of freight rates in almost all sectors,” Chief Executive Officer Rodolphe Saade said Friday in Algiers. “We expect that decrease to continue. I don’t think we’ll see a strong drop but rather a soft landing.”
The observations are in line with those of the World Trade Organization, which said this week merchandise trade flows slowed last quarter and will likely stay weak in the second half. This could see the winding down of a frothy period for container carriers after two years of high rates and capacity shortages stemming from pent-up demand from consumers during the pandemic.
Read more: Container Lines Brace as Shipping Rates Keel Over: Supply Lines
“At the peak of the Covid crisis, we had freight rates between China and Northern Europe of $14,000” per 40-foot container, Saade said in an interview. “Nowadays it’s around $9,000 and it is going down.”
Saade said some glitches remain in global supply chain networks, citing lingering strong congestion in places like the US and Europe.
“We are seeing a decrease of the demand so this has an impact on a little less congestion, even though some places remain difficult to manage,” he said.
The CEO of the closely held Marseille-based transporter is accompanying French President Emmanuel Macron on an official three-day visit to Algeria.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
Reply
lower/normalized freight rates will bring inflation down eventually, this is good for the economy! Big Grin
shipping shouldn't be expensive! same goes for oil as well!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
Reply
The Global Shipping Crisis Is Not Over | Sal Mercogliano
https://m.youtube.com/watch?v=Cg2I74fS8WI
You can find more of my postings in http://investideas.net/forum/
Reply
(29-08-2022, 07:46 PM)Behappyalways Wrote: The Global Shipping Crisis Is Not Over | Sal Mercogliano
https://m.youtube.com/watch?v=Cg2I74fS8WI

Thanks Behappyalways for sharing, great overall for Current Shipping.

Container spot rates keep falling, but what will be the floor? - 19 Aug 2022
https://www.seatrade-maritime.com/contai...l-be-floor
The question is how much more spot rates will continue to decline, and at what level they will settle? Current spot rates remain far above historical averages. Drewry’s WCI composite index may now be 40% lower than the peak of $10,377 per feu it hit in September 2021, but it remains 71% higher than the five-year average of $3,631 per feu.
China’s zero-Covid policy means continued uncertainty over full operation of its key export facilities. Full normalisation of the supply chain remains a long way off.

Liner shipping on course to smash last year’s record profits - 10 Aug 2022
https://splash247.com/liner-shipping-on-...d-profits/
“Demand normalisation and unwinding of congestion might take place slower than expected, which present upsides to container shipping profitability in 2H22. Going forward, we argue that after years of consolidation and formation of mega shipping alliances, the shipping lines have learnt the capacity discipline and while there might still be volatility in freight rates, the rock-bottom level of freight rates seen in the past decade might no longer persist in the future,” the report from HSBC predicted.
Reply
Liner profits set to hit new high in Q2, but there are choppier waters ahead - 1 Sept 2022
https://theloadstar.com/liner-profits-se...ers-ahead/
According to the latest HSBC global research report on the global container shipping sector, liner profits are set to plunge by more than 80% from their highs of this year – but it adds it still expects results will be “better than in the past”.
“There are signs that spot rates could fall to pre-pandemic levels swiftly on the widening demand-supply gap,” says the report, “but we maintain that contract rates should settle above their pre-pandemic levels and that capacity discipline will keep spot rates from lingering at trough levels.
“Overall, we expect the sector to remain profitable versus the losses pre-pandemic.”
HSBC is predicting  (A) a global container trade decline of 2% this year, and 3% in 2023, before recovering by 2.5% in 2024, compared to (B) capacity growth of 6.2%, 6.5% and 8%, respectively. As a consequence, it is trimming its profit estimates “mainly for 2024, the year we expect the sector to bottom-out”.

I believe (A) refers to the demand and (B) refers to the supply.  Not sure if (B) has considered vessel scrapping and the effect of slow steaming/running
PS:  I am not able to locate this particular research report.
Reply
亞洲近洋線運價崩盤!中國航商帶頭喊"每20呎櫃10美元" 越南.泰國成殺價戰場|非凡財經新聞|20220913
https://m.youtube.com/watch?v=f-5Ie4k5VSo
You can find more of my postings in http://investideas.net/forum/
Reply


Forum Jump:


Users browsing this thread: 7 Guest(s)