Shipping Industry 06 (Mar 22 - Dec 25)

[behappyalways]

Mainland China-made cruise ship "Modu" is out of dock and will start carrying passengers early next year

大陸國產郵輪「魔都號」出塢 明年初運營載客｜秦綾謙｜FOCUS全球新聞 20230607@tvbsfocus

https://m.youtube.com/watch?v=HwNiYkoq71o

[behappyalways]

Decoding the profit divide among container carriers in 1Q23
https://www.hellenicshippingnews.com/de ... s-in-1q23/

[behappyalways]

Container shipping trilemma: Weak rates, new ships, pricey charters
https://www.freightwaves.com/news/conta ... y-charters

[behappyalways]

Global container shipping outlook: pressure mounts amid flood of new capacity
https://www.hellenicshippingnews.com/gl ... -capacity/

[behappyalways]

The shipping industry is in a hurry to make profits! Maersk is the first to raise prices, and the European line has increased by more than 30%.

航運業獲利告急!馬士基開出漲價第1槍 歐洲線漲幅突破3成 業界:"護價"意味濃｜非凡財經新聞｜20230705

https://m.youtube.com/watch?v=L2_X-Lp9rOM

[behappyalways]

Container Sanxiong's revenue in June decreased by 60% for the whole year! China's demand is strong. Oil prices fall. Xu Xudong: Shipping can still make money

貨櫃三雄6月營收全年減6成！中國需求強.油價跌 徐旭東:海運還是能賺錢｜非凡財經新聞｜20230711

https://m.youtube.com/watch?v=kkggjA5pCTE

[behappyalways]

Trans-Pacific Shipping Rates Rise As Carriers Make Capacity Cuts
https://www.zerohedge.com/economics/tra ... acity-cuts

[behappyalways]

The 'freight recession' rocks global shipping, fueling a 75% plunge in container rates
https://www.businessinsider.com/freight ... ent-2023-7

[behappyalways]

Shipping giant Maersk beats expectations despite 72% profit plunge on falling container rates
https://www.cnbc.com/2023/08/04/maersk- ... nings.html

[behappyalways]

Perhaps the surge in container rates is more or less a function of reduced capacity instead of a rise in demand.

Global Container Rates Jump The Most In Two Years
https://www.zerohedge.com/commodities/g ... -two-years



Container rates are now below pre-pandemic levels.
https://twitter.com/AyeshaTariq/status/ ... 4355927041