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© Abdullatif Omar

Some liner services are reported to have full ships again, container spot rates have stabilised, the charter market is bullish and ocean carriers are back at shipyards ordering new tonnage.

It seems the week has started positively for carriers and shipowners, with ’green shoots’ of a ...

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  • Andy Dennis

    March 28, 2023 at 7:03 am

    Your article 5 days before referred to Maersk having 29 ships idle, MSC 13 etc. Not sure how we got from that to ‘a return in demand across all networks’ and needing to secure more tonnage so quickly?.

    Surely full ships is due to a reduction in supply rather than increased demand.

    • Mike Wackett

      March 28, 2023 at 9:44 am

      Hi Andy,
      Many thanks for your comment.
      For the past few weeks we have seen a bullish charter market which seemed to be a disconnect with the freight market.
      However, several pieces of data we received yesterday suggested that there was indeed a demand recovery – not necessarily on the major tradelanes but on the secondary trades.
      It really is a delicate balance for the carriers and the previous article also referred to the different strategies of the lines.
      Time will tell if those ‘green shoots’ blossom in the Spring!

      Best
      Mike