Trade War Gives, Trade Peace May Take Away From the Shipping Sector — Panjiva
Más

Panjiva_research_logo

Trade War Gives, Trade Peace May Take Away From the Shipping Sector

China 1758 Corp - Shipping 608 Energy - Bunker Fuel 63 Global 722 Mode - Containerized 1005 Mode - Seaborne 1273 Theme - Rates 141 U.S. 3297

The container shipping industry saw a marked improvement in conditions in November. Average rates for shipping out of China increased by 3.4% vs. the end of October, including a 13.2% rise in rates for services to the U.S. east coast. That’s in part due to accelerated volumes as shippers tried to beat higher tariffs between the U.S. and China. Hapag-Lloyd’s latest rate rise may mean more of the same lies ahead. At the same time bunker fuel costs dropped 17.6% as a result of the collapse in oil prices. As a consequence the average gross margin for container-lines – container rate less fue...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.