Due to the good fundamentals, the freight rates of most routes continue to rise, the comprehensive index is steadily rising, and while the space is hard to find, the shortage of containers is becoming more and more intense! The main reasons for this situation are:
■ Domestic exports have increased steadily. Due to the shrinking imports of foreign epidemics, there is a shortage of exported containers; even if there are spaces, they may be short.
■ YuanMaersk, when the Mexico/Panama/South American West Express ship called at Ningbo Port on August 16, was detained due to the detection of new crowns among three crew members, and missed Shanghai and Qingdao ports; it is said that the same is true for the ONE ship.
■ The epidemic has caused people to pay more attention to Christmas and pray for safety. The current season is the peak season for Christmas items, and some freight charges must be sent no matter how high.
■ The old ship needs to transform the desulfurization tower, and the new ship has not been launched
■ Due to the closure of the border due to the new crown, international crews were unable to travel freely, resulting in a shortage of crews, and even an embarrassing situation where there were ships but insufficient crews.
After the North American route entered the traditional peak season, the market transportation demand for North American routes has grown rapidly. Although the market's capacity has recovered to a certain extent, the continued burst of flights remains the same.
Although there was a second outbreak of the epidemic on European routes, the overall economic situation of the destination has stabilized, the market volume has performed well in the traditional peak season, and the transportation demand has grown steadily. Due to the better-than-expected market performance, even if some airlines increase their capacity, they will not be able to completely relieve the tight capacity supply.
The Mediterranean route market has stable transportation demand, some airlines have plans to reduce capacity, and the market supply-demand relationship remains stable.
After the Persian Gulf route experienced the impact of the epidemic, the performance of the destination market has stabilized, the level of cargo volume has recovered, and the fundamentals of route supply and demand have gradually improved.
During the peak season of Australia and New Zealand routes, the transport demand on the Australia and New Zealand routes has remained stable, and the relationship between supply and demand remains at a good level.
Japanese routes last week, the transportation demand of Japanese routes was basically stable, and the market freight rates fluctuated slightly.
Whether it will gradually ease in the first half of November and whether freight rates can start a rational correction remains to be expected.