Tuesday, 13 May, 2025
SHIPPERS/CONTAINER PRICES:
SHIPPERS/CONTAINER PRICES: SCMP article flagging the “surge in rates” story.
– “The 90-day truce is expected to trigger an immediate surge in demand for container shipping”
– “The wave of demand will be even more intense due to the fact that many companies already have significant backlogs of goods ready to ship”
– “US ports are likely to start feeling the effects of a surge in shipments three to six weeks from now – bringing with it a substantial risk of bottlenecks and delays”
– “The volume rebound will coincide with the traditional summer peak season, with freight rates set to surge as a result”
{CFIA Index GP <GO>}
MAERSKB solid after huge rally yesty. DSV DC pushing on. KNIN SW testing prior session high…. Seeing buyers of CLARKSON (CKN LN) again – now +30% from last week’s warning lows