Shipping Industry 06 (Mar 22 - Dec 25)

[behappyalways]

Inactive boxship levels hit two-year high
https://splash247.com/inactive-boxship- ... year-high/


Shifting tides: The fall of container shipping stocks, the rise of tankers
https://www.freightwaves.com/news/the-f ... of-tankers

[behappyalways]

Remember, Morgan Stanley Shipper Survey showed ordering by 100 corporations reached the lowest point in the survey's 12-year history. Ordering levels are down 40% year over year. Net inventory levels are also unusually high.

Peak Shipping Season A Bust Due To Reversal In 'Bullwhip-Effect'
https://www.zerohedge.com/markets/peak- ... hip-effect


Drop in US inbound container volumes accelerates
https://www.seatrade-maritime.com/conta ... ccelerates

[behappyalways]

Ocean Shipping Costs Decline 84%, Truckers On Verge Of Losing Money
https://www.zerohedge.com/economics/oce ... sing-money

[behappyalways]

ONE forecasts tougher H2 as demand and freight rates decline
https://www.seatrade-maritime.com/conta ... es-decline

[behappyalways]

Idled Boxship Fleet Sails Past 1 Million TEUs as Blankings Fail to Stop Freight Rate Erosion
https://gcaptain.com/idled-boxship-flee ... e-erosion/

[behappyalways]

US Container Freight Is Shrinking
https://www.zerohedge.com/markets/us-co ... -shrinking

[behappyalways]

Carriers in ‘Panic Mode’ as China Bookings Plummet
https://gcaptain.com/carriers-in-panic- ... s-plummet/

[behappyalways]

Plunging spot rates drag down container shipping contract rates
https://www.freightwaves.com/news/plung ... ract-rates

Global shipping rates still in free-fall ... only route not participating in drop is from Rotterdam to New York
https://mobile.twitter.com/LizAnnSonder ... 7688202240

[behappyalways]

CMA CGM Sees Abrupt Return to Normal for Freight Rates
https://gcaptain.com/cma-cgm-freight-ra ... to-normal/

[behappyalways]

German business daily Handelsblatt has published data showing that shipping rates have come down to prepandemic levels, with a 20-foot container from China to Northern Europe, for example, now costing $1,479 (€1,420) on average, compared with around $8,000 at the beginning of 2022. Shipping a container from Shanghai to the US West Coast "is even cheaper than in 2019," the newspaper reported.

Shipping: Freight rates slowly getting back to normal
https://www.dw.com/en/shipping-freight- ... a-63877330