Container Shipping Market

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  • Topic: Containerization, Container ship, Port of Hong Kong
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Licensed to The Hong Kong Polytechnic University. Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net 12/05/2013 09:20:16 15304

Container Intelligence Monthly
Volume 15, No.4
Highlights
Container News According to the Shanghai Containerised Freight Index, rates for boxes shipped from Shanghai to Europe have slipped to their lowest level for over a year...…....……p.2. Charter Market The benchmark timecharter rate for a 1,700 TEU geared containership stood at $6,500/day at the end of March………………………….p.4. Sale & Purchase The sale and purchase market saw 14 confirmed transactions in March, 7 of which were in the 2,000-2,999 TEU sector…..…...p.7. Newbuilding March saw firm contracts placed for seven 8,000+ TEU ships of a combined 87,750 TEU…...…....p.8. Builders In March, Japanese shipbuilder Koyo Dock K.K. took an order for 5 x 13,870 TEU vessels from Japanese carrier K-Line………..p.i. Investment An estimated $2.7bn has been invested in new capacity so far this year………………………...…..p.9. Demolition 14 containerships of a combined 30,491 TEU were sold for demolition in March, including four 3,000+ TEU Panamax vessels of a combined 13,803 TEU…….....p.10. Financial News The Clarkson Liner Share Price Index has fallen by 5.9% since the first week of March…….....….p.11. Trade Developments The World Trade Organisation cut its global trade growth forecast for 2013 to 3.3%, following the sluggish 2.0% growth recorded in full year 2012...........................p.12. Fleet Developments The total fully cellular containership fleet numbered 5,106 vessels of a total 16.4m TEU at the start of April..…….....…….p.14/15.

Licensed to The Hong Kong Polytechnic University. Distribution is restricted; please remember to acknowledge the source. http://www.clarksons.net 12/05/2013 09:20:16 15304

April-2013 Port News in the Atlantic...

ISSN: 1467-0488

TEU lifts at New York fell by 5.3% y-o-y in January and February combined.

Selection of the major regional container ports

Port News in the Asia/Pacific Region...
Container throughput at Shanghai increased by 2.9% y-o-y in Q1 2013.

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A powerful, web-based shipping information system … the most comprehensive of its kind www.clarksons.net

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INDUSTRY NEWS
According to the latest Container Trades Statistics data, European imports from Asia increased by 1.6% y-o-y to 2.21m TEU in January and February combined. Meanwhile, the volume of Asian imports from Europe contracted by 3.3% y-o-y to 1.06m TEU over the first two months of 2013. Peak-leg Asia-Europe box trade

1.4 1.2 1.0 0.8 Jan-11
M TEU

2.25 2.00 1.75 1.50

Monthly Throughput Hong Kong

to allow the service to carry specific US cargoes. CMA-CGM and Evergreen are to launch a joint service connecting Malaysia to the Red Sea and the Horn of Africa utilising five ships of 2,5003,900 TEU. Links to the Far East will be available through transhipment at Port Klang and Tanjung Pelepas, while connections to India will be from Colombo. The first sailing is nd scheduled for the 2 May from Port Klang. MSC and CSAV are to add port calls at Le Havre, Savannah and Port Everglades to their joint Europe-Ecuador service to cover the Europe-South US East Coast market. The service will continue to call at the Balboa hub in both directions to allow transhipment to other ports on the West Coast of South America. The rotation will be stretched to seven weeks, using 7 x 4,1324,872 TEU Panamaxes with high reefer capacity. SITC has placed an order for two 1,800 TEU containerships, with options for six more, from Taiwanese shipyard CSBC. This is the shipbuilder’s first order from a mainland Chinese company for more than 20 years. The firm vessels are priced at $23m each, and...
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