Ship losses intensified, European line freight fell!

NO.1

Ship losses intensified, European line freight fell!

Recently, the market rumor that the freight rate per 40-foot box on the European line has fallen from $900 to $750-850, less than the cost price of $1,000, and the return freight price has fallen from $400-450 per large box to $20-100.

At the same time, Marine fuel prices are rising. It is reported that the third quarter of Marine fuel to 22 as of the quarter up 21%, the fourth quarter of the international four major energy and financial institutions are expected to increase oil prices, the situation is not optimistic.

For the big liner companies, the Euro line was the first line to lose money. Industry insiders pointed out that the world's very large container ships are deployed in the European line, these ships are very young, high construction costs, idle to spend high fixed costs, shipping companies are difficult to do a large number of idle, so unlike the United States line of ships idle proportion is high, freight stability is also much higher.

NO.2

China, Mongolia and Russia have added international road transport lines

A trial operation of the China-Mongolia-Russia international road transport along the Asian Highway Network Line 4 (AH4) has been launched in Urumqi, Xinjiang Uygur Autonomous Region, CCTV News reported.

In recent years, China, Mongolia and Russia have maintained close cooperation in international direct road transport and effectively improved their connectivity.

NO.3

The Panama Canal has seen a decrease in shipping traffic due to drought

The Panama Canal Authority said that the dry weather caused the maximum water level of the canal to drop to 13.41 meters, and the average number of vessels passing through the canal per day dropped from 38 to 36, and even dropped to 32 at one point.

NO.4

Cross-border e-commerce freight volume increased by more than 200% year-on-year

At the North Bund International Shipping Forum, Meng Xun, deputy general manager of Shanghai Airport Logistics Development Co., LTD., said that cross-border e-commerce has become a new bright spot for freight transport this year, with the volume from January to July rising more than 200% compared with last year.

On the one hand, there is the support of national policies, but also because of the cheap and high-quality Chinese goods, the European and American market demand has increased.