xem keo nha cai hom nayNews Highlights week: 09 - 2023

Israeli carrier ZIM and Vietnamese operator Hai An Transport & Stevedoring JSC (HATS) today announced xem keo nha cai hom nay launch of Lotus Link, a joint venture between xem keo nha cai hom nay two carriers that will operate domestic and regional shipping services in Vietnam.
Haiphong-headquartered Lotus Link plans to launch its first service in March deploying Vietnamese-flagged vessels to serve major Vietnamese ports (Ho Chi Minh City, Danang and Haiphong) as well as smaller domestic ports and its hinterland, where direct access to international and domestic shipping services is limited. In addition, xem keo nha cai hom nay newly established company will provide landside logistics services as well.

Hai An Transport & Stevedoring JSC was established in 2009 and is listed on xem keo nha cai hom nay Ho Chi Minh Stock Exchange. xem keo nha cai hom nay Haiphong-based company currently operates a fleet of five Vietnamese-flagged ships with sizes ranging from 800 to 1,700 teu serving domestic Vietnamese routes and Vietnam – South China service.
Besides operating ships, Hai An Transport & Stevedoring JSC is also engaged xem keo nha cai hom nay a wide range of marine and logistics-related activities, including port and terminal operations, offshore services, shipping agency, container depot operations and warehousing.
Charter market: demand soars, rates expected xem keo nha cai hom nay follow
As expected, demand is picking up in xem keo nha cai hom nay container charter market, as Asia has gone back to work after xem keo nha cai hom nay traditional Lunar New Year celebrations. xem keo nha cai hom nay rise in activity is having a positive effect on xem keo nha cai hom nay fleet of spot ships, which has fallen from twenty-seven to nineteen units in xem keo nha cai hom nay last days.
Most of xem keo nha cai hom nay available tonnage is open in Asia while xem keo nha cai hom nay Atlantic is sold out for nearly all sizes of ships. xem keo nha cai hom nay shortage of vessels West of Suez is pushing up charter rates, which tend to firm up in that area more significantly than in Asia.
Overall, xem keo nha cai hom nay continued shortage, or low supply, of prompt tonnage across most size segments bodes well for charter rates which, against a backdrop of traditionally high seasonal demand should continue to rise in xem keo nha cai hom nay coming weeks.
However, Alphaliner remains cautious on xem keo nha cai hom nay longer-term outlook of xem keo nha cai hom nay market. Although xem keo nha cai hom nay world economy might do better than expected, with xem keo nha cai hom nay IMF having raised its grow forecast by 0.25% to 2.9% for 2023, consumers remain heavily impacted by a continued high inflation and interest rates which undermine spending power. xem keo nha cai hom nay war in Ukraine meanwhile keeps energy prices high and volatile and remains a major threat due to its significant risks of escalation.
Spot cargo rates continue in xem keo nha cai hom nay meantime to fall on most routes, with xem keo nha cai hom nay SCFI dropping below 1,000 points for xem keo nha cai hom nay first time since July 2020, while contract rates are also plummeting.
Finally, xem keo nha cai hom nay colossal orderbook is like a sword of Damocles hanging over xem keo nha cai hom nay market, with a raft of new ship deliveries in xem keo nha cai hom nay next months inevitably triggering a return of overcapacity. On a brighter note, ship demolition is picking up speed, but a large portion of xem keo nha cai hom nay existing fleet will have to be torched to avoid a possible cargo and charter rate bloodbath