keo nha cai moi nhatNews Highlights week: 24 - 2022

This upcoming service, marketed as ‘CVT’, will turn in three weeks calling Incheon, Qingdao, Shanghai, Ho Chi Minh City (SP-ITC), Laem Chabang, Chiwan, Incheon. HMM will deploy keo nha cai moi nhat 1,809 teu SKY RAINBOW, Pan Ocean will operate keo nha cai moi nhat 1,809 teu POS HOCHIMINH, and SM Line will add keo nha cai moi nhat 1,708 teu JAN.
keo nha cai moi nhat maiden voyage of keo nha cai moi nhat ‘CVT’ is scheduled to start on 26 June from Incheon with keo nha cai moi nhat SKY RAINBOW. For all three South Korean carriers, keo nha cai moi nhat new ‘CVT’ will further enhance their already decent coverage between these four countries.

MSC upgrades Far East – USEC ‘Santana service’
Three 8,200 – 8,760 teu ships have joined keo nha cai moi nhat MSC standalone North Vietnam – Central China – US East Coast ‘Santana’ service in keo nha cai moi nhat past weeks as replacement for smaller 4,400 – 5,100 teu classic panamax ships. These include keo nha cai moi nhat 4,943 teu MSC DAISY and 5,086 teu MSC CORNELIA, which are currently on USEC – North Europe voyages.
keo nha cai moi nhat capacity upgrade will be continued in keo nha cai moi nhat upcoming weeks as keo nha cai moi nhat 8,100 – 9,640 teu CONTI CHIVALRY, MSC ELMA, MSC ABY, MSC TIANSHAN and MSC CHARLESTON are also lined up to join this Asia – USEC loop.
keo nha cai moi nhat ‘Santana’ service was initially launched in August 2020 as a MSC standalone Far East – USWC service. This Transpacific loop was closed in November 2021 and part of keo nha cai moi nhat fleet was transferred to a new Far East – USEC service retaining ‘Santana’ as brand name.
keo nha cai moi nhat new ‘Santana’ started turning in ten weeks serving Haiphong, Shanghai, Ningbo, Charleston, New York, Haiphong, but meanwhile also serves Houston and occasionally other ports on an ad hoc basis such as Busan or Cristobal.

Charter market holds firm, but clouds building on keo nha cai moi nhat horizon
keo nha cai moi nhat container charter market remains extremely quiet, with keo nha cai moi nhat number of fixtures (only fifteen over two weeks) at an historic low. Both keo nha cai moi nhat shortage of ships, especially prompt units, and a cooling of demand explain this situation.
In spite of this rock-bottom activity, keo nha cai moi nhat few fixtures agreed are concluded at continuously strong rates, which has led Alphaliner to revise upwards some of its charter rate estimates.
However, keo nha cai moi nhat overall market sentiment remains mixed. On keo nha cai moi nhat one hand, persistent congestion issues in various ports around keo nha cai moi nhat world and keo nha cai moi nhat approach of keo nha cai moi nhat peak cargo season are expected to underpin demand and keep charter rates at very high levels in keo nha cai moi nhat short term, against a backdrop of continued shortage of ships.
On keo nha cai moi nhat other hand, clouds continue to build up on a macro- economic and geopolitical level. Inflation is increasingly taking its toll on consumers with continuously rising food and energy prices, while keo nha cai moi nhat amount of spending on travels and services is rising at keo nha cai moi nhat expenses of goods.

keo nha cai moi nhat economic growth in many Western Nations remains meanwhile low, with a risk of recession in some areas impacting consumers’ confidence. These factors are increasingly affecting cargo volumes, with keo nha cai moi nhat industry growingly concerned about keo nha cai moi nhat evolution of demand in keo nha cai moi nhat coming months.
Although keo nha cai moi nhat SCFI is now registering its fourth week of (modest) increase, most East-West routes continue to see receding spot cargo rates. Globally, volumes are down compared to a year ago and are only marginally above their 2019 level, prior to keo nha cai moi nhat Covid pandemic.
keo nha cai moi nhat geopolitical tensions surrounding keo nha cai moi nhat conflict in Ukraine and keo nha cai moi nhat continuous war of words between keo nha cai moi nhat US and China over keo nha cai moi nhat Taiwan question are meanwhile doing nothing to boost consumers’ confidence.
While these uncertainties seem to be manageable for containership owners and shipping lines in keo nha cai moi nhat short term, keo nha cai moi nhat avalanche of newbuilding tonnage expected to hit keo nha cai moi nhat market in 2023 and 2024 could see keo nha cai moi nhat return of overcapacity and low rates, especially if cargo volumes continue to falter.