π#transport #world #logistic
DP World expects freight rates to drop by a further 15%-20% in 2023 as demand slow β deputy CEO
*shipping freight rates there had been a significant decline in freight rates of anywhere between 20% and 50% from their peaks last year
DP World expects freight rates to drop by a further 15%-20% in 2023 as demand slow β deputy CEO
*shipping freight rates there had been a significant decline in freight rates of anywhere between 20% and 50% from their peaks last year
π₯π#logistic #world #container
Baltic Dry Index (shipping freight-cost index) continues to fall despite China's reopening
Baltic Dry Index (shipping freight-cost index) continues to fall despite China's reopening
β οΈπ#logistic #container #worldtrade #economy
BBG: new vessel orders combined with plummeting cargo volumes have extended a drop-off in shipping rates to their lowest since 2018
BBG: new vessel orders combined with plummeting cargo volumes have extended a drop-off in shipping rates to their lowest since 2018
π#logistic #container #macro
shipping freight-cost index (BDI) is still at historically low levels
shipping freight-cost index (BDI) is still at historically low levels
β οΈπ#logistic #Ρontainer #geopolitics
Ρontainer freight rates globally surged by a significant 61% in the past week, primarily driven by geopolitical conflicts in the Red Sea region.
global freight rates = pandemic-era levels
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JPMorgan: Red Sea crisis could jeopardize inflation fight as shipping costs spike globally ... the fight against inflation could stall in the coming months if shipping costs push the price of goods higher #inflation
Ρontainer freight rates globally surged by a significant 61% in the past week, primarily driven by geopolitical conflicts in the Red Sea region.
global freight rates = pandemic-era levels
ββββββββ
JPMorgan: Red Sea crisis could jeopardize inflation fight as shipping costs spike globally ... the fight against inflation could stall in the coming months if shipping costs push the price of goods higher #inflation
π«π#logistic #container #geopolitics
BBG: the number of container ships transiting the Suez Canal is rapidly declining, signaling a crisis-level logistical disruption reminiscent of the days of COVID.
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WSJ: average costs to ship a container have more than doubled in one month
π₯#DAC
BBG: the number of container ships transiting the Suez Canal is rapidly declining, signaling a crisis-level logistical disruption reminiscent of the days of COVID.
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WSJ: average costs to ship a container have more than doubled in one month
π₯#DAC
π«π#logistic #geopolitics #macro
BBG: two months of Chaos in the Red Sea have caused the biggest diversion of international trade in decades, pushing up costs for shippers as far away as Asia and North America. The disruption is spreading, fueling fears of broader economic fallout.
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earlier: global freight rates = pandemic-era levels
BBG: two months of Chaos in the Red Sea have caused the biggest diversion of international trade in decades, pushing up costs for shippers as far away as Asia and North America. The disruption is spreading, fueling fears of broader economic fallout.
βββββββββ
earlier: global freight rates = pandemic-era levels
π#logistic #container #world #macro
Ρontainer shipping costs are rising again.
historically, Shanghai's rates have been a leading indicator.
βοΈ#DAC
Ρontainer shipping costs are rising again.
historically, Shanghai's rates have been a leading indicator.
βοΈ#DAC
π#logistic #container #world #macro
Ρontainer shipping costs continue to rise
historically, Shanghai's rates have been a leading indicator.
βοΈ#DAC
Ρontainer shipping costs continue to rise
historically, Shanghai's rates have been a leading indicator.
βοΈ#DAC