Container counterfactuals: spot market vs time-charters
Spotting the time-charter correction…
This month has seen the return of container rollovers in loading ports out of Asia as carriers continue to trim capacity.
Several reports have come into The Loadstar this week that some Asia-North Europe ocean carriers have been discharging containers loaded in China at transhipment ports en route, so they can accommodate better-paying cargo.
And this week both the Shanghai Containerized Freight Index (SCFI) and Ningbo Containerized Freight Index (NCFI) referred to carriers “off-loading containers” at way ports.
As a consequence of the ...
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