keo nha cai dua ra toi nayNews Highlights week: 02 - 2024

keo nha cai dua ra toi nay Hong Kong-based operator deploys two 1,600 - 1,900 teu ships to operate this weekly service. keo nha cai dua ra toi nay 1,645 teu SEA OF LUCK which offered keo nha cai dua ra toi nay first sailing on 7 January from Nansha, is joined by keo nha cai dua ra toi nay 1,930 teu KANWAY FORTUNE.
keo nha cai dua ra toi nay ‘SXT’ loop turns in two weeks calling at Nansha, Dachan Bay, Sihanoukville, Laem Chabang, Bangkok, Cai Mep, Nansha.
GSL's new ‘SXT’ complements keo nha cai dua ra toi nay existing ‘CTV’ service, which is offered in partnership with Jin Jiang shipping. This 'CTV' covers Central & South China, Thailand, Cambodia and Southern Vietnam.

Far East - Europe rates spiral on Gaza conflict
Liner disruption in keo nha cai dua ra toi nay wake of keo nha cai dua ra toi nay Gaza conflict have pushed spot prices on keo nha cai dua ra toi nay Far East-Europe route to their highest level in fifteen months.
Rates on keo nha cai dua ra toi nay trade jumped to USD 2,694 per teu on Friday, an 80% increase compared to keo nha cai dua ra toi nay previous week. Levels have more than tripled since keo nha cai dua ra toi nay start of keo nha cai dua ra toi nay month.
Operators last saw equivalent rates in keo nha cai dua ra toi nay run-up to China’s Golden Week holiday at keo nha cai dua ra toi nay start of October 2022.
Spot rates on keo nha cai dua ra toi nay Far East to Mediterranean trade also rose by 70% week-on-week to reach a level of USD 3,491 per teu on Friday, also a 15- month high.
Meanwhile, keo nha cai dua ra toi nay Shanghai Containerized Freight Index (SCFI) hit 1,760 points on Friday, with all component routes showing a positive weekly improvement, barring keo nha cai dua ra toi nay regional Shanghai-Japan and Shanghai-Korea trades.
With keo nha cai dua ra toi nay disruption of keo nha cai dua ra toi nay war, keo nha cai dua ra toi nay SCFI has now risen above 2023’s average of 1,006 points. Carriers may also be benefitting from firming demand, with Chinese exports growing for keo nha cai dua ra toi nay first time in six months in November.
Prior to keo nha cai dua ra toi nay launch of Hamas’ surprise attack on 7 October, keo nha cai dua ra toi nay SCFI had fallen to its lowest level since keo nha cai dua ra toi nay outbreak of keo nha cai dua ra toi nay COVID virus. However, it had still not fallen below 2019 levels, although carriers point out costs are now significantly higher than before COVID.
Red Sea crisis impact starts to show in Charter Market
keo nha cai dua ra toi nay container charter market has started off 2024 in an equally busy way as it ended 2023. Despite a continued influx of newbuilding tonnage of all types, demand for most sizes of charter market ships, apart from keo nha cai dua ra toi nay small ones, remains strong.
keo nha cai dua ra toi nay crisis in keo nha cai dua ra toi nay Red Sea, with most carriers now avoiding keo nha cai dua ra toi nay area, is in part contributing to keo nha cai dua ra toi nay market’s brisk activity, with extra tonnage deployed to compensate for keo nha cai dua ra toi nay much longer transit times needed via keo nha cai dua ra toi nay Cape of Good Hope to connect Asia with any region west of Suez. keo nha cai dua ra toi nay question is how long this crisis will last and what full impact that could have on keo nha cai dua ra toi nay charter market, should keo nha cai dua ra toi nay situation persist in keo nha cai dua ra toi nay longer term. Alphaliner is already aware of at least four vessels fixed either as ‘Red Sea traders’ at premium rates or as extra loaders from Asia to Europe. More such fixtures will likely follow in keo nha cai dua ra toi nay coming days.

Strong cargo volumes out of Asia are also fueling demand for tonnage, ahead of keo nha cai dua ra toi nay Chinese New Year starting in a month from now.
A combination of these factors is resulting in skyrocketing freight rates, particularly between Asia and Europe where keo nha cai dua ra toi nay shipment of a Teu container out of China is now rated by keo nha cai dua ra toi nay SCFI in excess of USD 2,800, versus only USD 850 in early December.
This being said, 2024 could be another challenging year for keo nha cai dua ra toi nay market with around 3.2 M teu of newbuilding capacity expected to hit keo nha cai dua ra toi nay water within keo nha cai dua ra toi nay next twelve months. Obviously, a persistent crisis in keo nha cai dua ra toi nay Red Sea and, to a lesser extent, ongoing problems at keo nha cai dua ra toi nay Panama Canal could partly cushion keo nha cai dua ra toi nay risk of overcapacity thanks to keo nha cai dua ra toi nay demand for extra tonnage they will generate. CII will also continue to help, so will demolition, but yet, cargo demand will need to be very strong across keo nha cai dua ra toi nay board to absorb keo nha cai dua ra toi nay upcoming newbuild capacities. As a result, Alphaliner remains cautious about keo nha cai dua ra toi nay charter market prospects for this new year.