Investigaciones de Panjiva

Early Christmas, lasting challenges – S&P Global Platts container update, December 2020

January 7, 2021

Global container shipping rates continued their dizzying ascent in December, S&P Global Platts data shows. There was a mixture of continued demand strength, with U.S. seaborne imports of containerized freight rising by 22.1% year over year, and equipment shortages. Together those factors drove... Read more →

Buried containers, Brexit stockpiling – S&P Global Platts container update, November 2020

December 1, 2020

Container shipping rates continued their heady ascent in November. Rapidly building congestion on major shipping routes and at many ports is the result of surging demand for both consumer and industrial products, hinting that a post-holiday slowdown may not occur. An emerging shortage of conta... Read more →

Crest of the wave – S&P Global Platts container update, October 2020

November 5, 2020

Global demand for container shipping services remains strong, but not by as much as the industry may have expected. U.S. seaborne imports climbed 16.2% year over year in October, though the North Asia to U.S. east coast container shipping rate dropped by $150 per forty-foot equivalent units to... Read more →

No tarnish from Golden Week – S&P Global Platts container update, September 2020

October 5, 2020

Expectations of a drop in container shipping rates heading into the Golden Week holiday appear to have been confounded. Demand for shipping services has remained robust, shown by a 16% year over year surge in U.S. seaborne imports in the first half of September, while complications from the po... Read more →

Making hay while the sun shines – S&P Global Platts container update, August 2020

September 2, 2020

Container shipping rates continued to surge in April with North Asia to West Coast North America reaching an all-time high of $3,400 / FEU on Aug. 24, up 25.9% compared to a month earlier. That’s been due to a surge in demand and has led to shipments being delayed as well as an antitrust revie... Read more →

Back to the old normal – S&P Global Platts container update, July 2020

July 31, 2020

Container shipping rates may have peaked for Asia-U.S. lanes. While there was a 2.9% rise in rates in July they ended the month at $2,700 per FEU, down from a peak of $2,900 per FEU earlier in the month. A reduced number of blank sailings by the shipping lines, indicating an increase in availa... Read more →

Wartsila orders scrubbed by fuel spreads, energy business powers down

July 20, 2020

Wartsila, producer of logistics and energy equipment, reported a 27% year over year drop in new orders due to COVID-19 linked declines in the cruise line equipment business while flue gas “scrubber investments was another area of weakness” according to CEO Jaako Eskola. The demand for scrubber... Read more →

Worst is yet to come for volumes, fuel costs a salve – S&P Global Platts Container Update, April 2020

May 4, 2020

Containerized freight markets continue to face significant uncertainty regarding the outlook for demand as well as carrier capacity management as a result of the coronavirus pandemic. There’s been over 400 cancelled containerline sailings this year with more to come. S&P Global Platts report s... Read more →

Finding a new normal for volumes and fuel – S&P Global Platts Container Update, March 2020

March 31, 2020

Container shipping rates for Asia to North America routes have stabilized and actually improved somewhat in the past month with North Asia to west coast North America rates having risen by 8.8% to $2,775 / FEU during March. That’s in part as a result of widespread cancellations of sailings by ... Read more →

Contraction, commitments and containers – Trade implications of the oil price collapse

March 9, 2020

A collapse in the oil price, driven by Saudi Arabia’s apparent price war with Russia, will have a knock-on effect for global trade. Crude oil accounted for 6.4% of global exports in 2018, including 65.1% of all Saudi exports and 31.9% of Russia’s. The shale boom has meant U.S. oil exports reac... Read more →

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