keo nha cai cup c1News Highlights week: 14 - 2022

This ‘wait and see’ approach can also be felt in keo nha cai cup c1 sale & purchase market which has gone equally quiet, not only because of a lack of sales candidates, but also as some buyers consider that prices have just gone too high.
Overall, whether trying to charter or sale their ships, NOOs are finding that deals have become more difficult to conclude than a few weeks ago.

keo nha cai cup c1 global uncertainties, with keo nha cai cup c1 ongoing unknowns surrounding keo nha cai cup c1 war in Ukraine and further Covid lockdowns in China, especially in Shanghai, are partly to blame for keo nha cai cup c1 current market dithering.
There are also question marks on how cargo volumes and freight revenues will evolve in keo nha cai cup c1 coming months, against a backdrop of continuously falling freight rates on most routes.
This perception of greater downside risks is dampening sentiment, causing more hesitation among carriers.

It does not mean, however, that keo nha cai cup c1 charter market will change direction any time soon. With a continued shortage of prompt tonnage across all sizes, and persistent disruptions in keo nha cai cup c1 supply chain supporting vessel demand, charter rates are unlikely to come off significantly from their current historic highs in keo nha cai cup c1 foreseeable future.

Port congestion likely to persist into Q2
Congested ports and supply chain constraints tied to logistical issues are likely to persist into keo nha cai cup c1 second quarter of 2022, shipping company executives said last week during conference calls to discuss Q4 and full-year earnings.
Soren Skou, CEO of global container shipping major AP Moller-Maersk, told investors he expects keo nha cai cup c1 current market situation to extend into Q2, with normalisation likely in keo nha cai cup c1 second half of keo nha cai cup c1 year.
keo nha cai cup c1 company – which saw 2021 revenues surge to .2bn from .2bn in 2020, largely on elevated freight rates due to keo nha cai cup c1 ongoing impact from keo nha cai cup c1 pandemic – said it expects continued growth for container demand in keo nha cai cup c1 coming year.
Maersk executives are anticipating 2-4% growth in container demand this year, “subject to high uncertainties related to keo nha cai cup c1 current congestion, network disruptions and demand patterns”.

Maersk said it increased its ocean fleet capacity to 4.3m twenty-foot equivalent units (TEUs), including 300,000 forty-foot equivalent (FFE) of new containers.
“While keo nha cai cup c1 persistent congestion contributed to higher freight rates, it also had a negative effect on keo nha cai cup c1 loaded volumes, leading to a volume decrease of 4% year on year, especially with backhaul volumes down 12% due to reallocation of empty containers,” executives said.
keo nha cai cup c1 CEO of independent containership company Danaos Corp, John Coustas, told investors keo nha cai cup c1 situation is not worsening, but it is not improving either.
“Well, to be honest, we have seen a kind of a steady situation in keo nha cai cup c1 ports,” Coustas said.
keo nha cai cup c1 executive said stringent COVID-19 restrictions in Asia, especially China, are weighing on productivity.
He said keo nha cai cup c1 disruptions could continue unless there is “normalisation in keo nha cai cup c1 reopening of all these countries”.
Coustas said keo nha cai cup c1 company is seeing changes in keo nha cai cup c1 way companies are doing business after keo nha cai cup c1 supply chain disruptions seen throughout 2021.
“On keo nha cai cup c1 other hand, what we see in keo nha cai cup c1 whole world is that in order for companies to be able to withstand keo nha cai cup c1 supply chain disruptions, they have changed their policy into increasing their inventories substantially because they cannot just rely on ‘just in time’,” he said.
Container ships are relevant to keo nha cai cup c1 chemicals industry because while most chemicals are liquids and are shipped in tankers, container ships transport polymers such as polyethylene (PE) and polypropylene (PP), which are shipped in pellets.
keo nha cai cup c1 Marine Exchange of Southern California (MESC) said keo nha cai cup c1 backlog of container ships at keo nha cai cup c1 twin Pacific Coast ports of Los Angeles and Long Beach continues to wind down.
As of Friday, there were 76 container ships backed up at keo nha cai cup c1 ports, with two at anchor, one loitering and 73 vessels slow-speed streaming or loitering outside keo nha cai cup c1 Safety and Air Quality Area (SAQA).
keo nha cai cup c1 record before keo nha cai cup c1 new queuing system was implemented is 116 container ships on 16 November.

Source: ICIS