Week 39 Summary of route trends about Tianjin Safround Logistics

Japan Route: Freight rates on Japan routes will surge next week, leading to significant margin calls.

Shipowners recommend COSCO/Datong/Antong/COSCO/Sinotrans/Jinjiang

South Korea Route: Incheon freight rates will increase mid-month. Busan is still relatively cheap at New Port, so please recommend ONE Busan.

Shipowners recommend Shangang/Datong/Douyu/ONE/MCC

Freight rates for the West Coast of South America will continue to decline at the end of the month! Mansa recommends direct services like ESL/KMTC/SLS. For long-term tenders, please confirm prices separately!

Shipowners recommend ESL/KMTC/MSC/WHL/CMA/YML/ZIM

Freight rates for the East Coast of South America will continue to decline at the end of the month! For light cargo, please prioritize ONE/YML, while for large, heavy cargo, please prioritize MSC!

Caribbean freight rates will continue to decline at the end of the month, roughly in line with West Coast shipping rates! For large shipments, please pay attention to MSC prices. You can apply for a single MSC/ZIM PCS surcharge.

European Market Analysis:

1. ONE Europe will waive overweight charges from October 1st to 15th. Dry container prices are 8/13+E.
2. COSCO North Africa prices have been adjusted downwards. Settlement Price from September 15th to October 7th:

Algiers 2850/3600 + 20 + ens25

Oran/Anaba/Skikda 3300/4300 + 20 + ens25

Misrata/Benghazi/Homs/Tripoli 2650/3400 + 20 + ens25

Tangier 1750/2100 + 20 + ens25

Casablanca 1800/2200 + 20 + ens25

Tunis/Radash 2850/3700 ​​+ 20 + ens25

3. EMC Euroki September 22nd-October 14th USD 975/1500/1500 + ENS + CIS2, including overweight

Apply for bulk separately

45ft plus 450

4. ESL October 6th

Alexandria (Old Port) Mersin Izmit to Izmir: 1650/2250 OT IG +300/600

Alexandria (Old Port) destination port carries 21, other destinations carry 14

5. WHL: East-East transshipment: 9:20+27, Alexandria (New Port), Istanbul, Izmit, continue receiving cargo, 1700/2600, MERSIN second transshipment. Still available, same price.
6. ZIM 27: Mediterranean: West Valencia, Barcelona, ​​Genoa: 1600/2000. Added direct service to Said West: Koper/Venice/Ravenna: 1650/2100

Small containers under 23 tons are free of overweight charges. Over 23 tons add a 200 overweight charge.

Southeast Asia, Australia, and New Zealand Market Analysis

Korea Xingya Dexiang's earliest direct sailing to Bangkok is 10:04. Haifeng Jinjiang is unsure if the direct sailing is 10:01. Laem Chabang offers a wide range of sailing schedules. Overall shipping capacity in Thailand is high, and currently no price increases are expected. COSCO and CMA have blanked their direct sailings to Thailand on October 5th, CT2, for a week.

Direct sailings to Indonesia have seen significant price increases. COSCO's bookings for October 2nd are currently at 875/875, and HMM September 28 is still available for pick-up and drop-off. Haiyetong has a temporary direct sailing to Jakarta on October 26th, with OVPs of FHS 2501W. Qingdao-Jakarta FAK 750/750, Shanghai-Jakarta FAK 350/700 COC 20GP/40HQ.

Zhonggu's October 28 sailings for October 3rd and October 5th, CT2, have been temporarily increased.

Overall freight rates to Vietnam, Ho Chi Minh City and Haiphong, are stable, with no signs of price increases.

Direct sailings to Chittagong, Bangladesh, with SITC & CNC routes blank for the week starting October 7th. COSCO's 1100/40HQ sailings from Kochan Bay to Chittagong on October 1st & October 7th offer advantages!

Australia routes have seen slightly lower freight rates compared to the previous cycle.

Taiwan's bookings are the fastest with OOCL bookings starting September 26th at Rizhao, and Sinotrans Wanhai bookings starting September 30th. There are no plans for price increases.

Direct sailings to India have decreased, but due to insufficient cargo volume, the overall trend is downward.

Middle East capacity has decreased, with alternative transshipment routes, resulting in reduced cargo volumes and lower freight rates.

The Red Sea has seen an increase in overtime direct sailings and container shipping, with increased capacity and maintained cargo volumes, leading to lower freight rates.