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The global shipping market is booming this year, and the revenue has doubled

Time:2021-09-16 Publisher:Kevin Num:4713

This year's shipping market is very complex. Due to the impact of the epidemic, the marine supply chain has been greatly hindered.

At the same time, port congestion and the shortage of container ships make the number of ships in short supply. Coupled with the increasing global demand for imports, this imbalance between supply and demand is even more serious.

In this process, the shipping industry is the biggest beneficiary. The imbalance between supply and demand of ships has led to the continuous rise of freight, as well as the rent, which has reached the highest value since 2008.

Data show that in August this year, the average daily income of the global shipping industry was nearly $37400 / day. Meanwhile, the Clarkson shipping index has risen for several consecutive months, setting a historical record.

Container shipping has become a leader in the shipping industry

With the continuous recovery of the economy, the heat of international trade has gradually increased. The surge in global demand for imported goods has made the shipping industry a lot of money in recent months.

Container transportation is the biggest winner. Due to the shortage of containers, prices are rising, and this momentum continues.

Some freight forwarders pointed out that a 40 foot container from China to Europe now costs nearly US $14300. This has reduced the income of many shippers.

Maersk expects its profit this year to exceed $5 billion. In order to retain long-term customers, Dafei group locks the freight rate at the current level.

Bulk shipping are also unwilling to show weakness

On the other hand, bulk carrier transportation is also a source of huge income for shipping companies. Now the global demand for raw materials such as coal and ore is also increasing.

The revenue of bulk carriers has also reached a record high. It is expected that the demand for bulk carriers will continue to grow by the end of this year.

Some bulk carrier operators also focus on container transportation with greater revenue. They want to make greater profits by refitting bulk carriers to transport containers.

The tanker market is temporarily lagging behind

In contrast, oil tankers are in a relatively backward sector in the whole shipping industry. Because OPEC + controls most of the crude oil production, the quantity of goods is far less than that of ships. This is contrary to the good situation of the other two ship types.

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