Dynaliners

Forwarders require rapid response in fast moving market

Large US forwarders fared better in 2024 than their European counterparts in what remains a fast-moving and unpredictable market with unresolved major conflicts and new trading obstacles posing fresh challenges.

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https://container-news.com/forwarders-require-rapid-response-in-fast-moving-market/

PSA withdraws from Tuticorin three years ahead of schedule

India’s PSA Sical, a joint venture of PSA (62.5%) and local Sical (37.5%), has withdrawn prematurely from its concession to operate Berth 7 at Tuticorin, which was supposed to end in 2028, according to DynaLiners report.

The decision is attributed to a decrease in container volumes, high contractually mandated royalties, and a lack of infrastructure support from the port authority, according to DynaLiners analysts.

V. O. Chidambaranar Port Authority has assumed responsibility for the 370-metre...

https://container-news.com/psa-withdraws-from-tuticorin-three-years-ahead-of-schedule/

US tariffs on Chinese-built boxships to cost shippers millions

Netherlands-based consultancy Dynaliners estimates the cost of the charges that are proposed on Chinese-built ships calling at US ports could be as much as US$500 million at just one port.

US Trade Representative’s office, responding to complaints about the loss of jobs to China from US trade unions, is proposing charges of up to US$1.5 million per ship, per port call on Chinese-built vessels in order to stimulate growth in US shipbuilding and to shift China’s stranglehold on the shipbuilding...

https://container-news.com/us-tariffs-chinese-built-boxships-to-cost-shippers-millions/

Capacity imbalance sees boxshipping tilt to buyers’ market

Major disruptions in the container shipping market have conspired to bolster flagging rates, but the same market fundamentals seen a year ago apply today as shippers contemplate a cheaper 2025 and carriers face a bruising.

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Mary Anne Evans
Correspondent at Large


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https://container-news.com/capacity-imbalance-sees-boxshipping-tilt-to-buyers-market/

Reefer container production on downward trend

The production of reefer containers in 2023 will be significantly decreased compared with the previous year, according to DynaLiners report, which says the full year production of reefer boxes is estimated at 150,000 TEUs, compared to 282,000 TEUs in 2022.

From January to August 2023, the four reefer manufacturers, CIMC, Dong Fang, FUWA Guangdong and MCI, produced 113,000 TEUs of reefer containers.

According to DynaLiners data, the reefer fleet is expected to reach 3.58 million TEUs at the end of...

https://container-news.com/reefer-container-production-on-downward-trend/

New container shipping line established in Dubai

A new shipping company is starting operations and is going to enter Russia trade, according to DynaLiners report. CStar Line has been established in Dubai by undisclosed owners and will be headed by Zsolt Katona, who previously worked for Danish shipping giant Maersk.

The new firm seems to have chartered 18 container ships with an overall box capacity of 23,000 TEUs. CStar Line seems to expect two additional vessels of 2,000 TEUs and a box fleet of 27,000 TEU dry boxes and 1,500 refrigerated...

https://container-news.com/new-container-shipping-line-established-in-dubai/

European ports, except Antwerp, suffer covid-19 volume slump.

As shipping lines have seen their fortunes made after a period of severe decline in volumes during the pandemic, ports and terminals have not fared so well in Europe’s key region, of the Hamburg – Le Havre range where volumes have declined by more than a third in some cases.

Vessel operators have the option of moving their assets around to the regions and trades exhibiting the greatest level of demand. Terminal operators have no such advantage, with huge investments in fixed assets to provide...

https://container-news.com/european-ports-except-antwerp-suffer-covid-19-volume-slump/

SCFI reaches its highest point

Dynaliners reports that the Shanghai Containterized Freight Index (SCFI) reached its highest value since the index began reporting in 2009.

The index reached 1,664.56 on 6 November after gaining 134.57 points in a single week, reaching some 83.38 points higher than its previous high point in 2010.

According to Dynaliners, the index was hovering at around 1,000 points at the start of this year.

The SCFI distinguishes the following regions for its calculations: Europe, Mediterranean, US West Coast,...

https://container-news.com/scfi-reaches-its-highest-point/