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Container Shipping - Volume growth is keeping up the optimism, even though the recent hefty reactivation of idle tonnage puts a cap on high flying freight rates.

13 June 2012

The first five months of 2012 have been developing in the right direction for the container shipping industry. Freight rates on the main routes have been going up markedly and consecutively in March, April, May and June, despite happening at a decreasing amount – the total hikes amount to USD 1,100-1,300 per TEU. This has lifted freight rates on the Far East to Europe trading lane from USD 536 per TEU just before Christmas to the current level of USD 1,634 per TEU, equal to +205%.

Tanker Shipping - Recent positive development spurs optimism amongst crude tanker owners as VLCC earnings remain comfortable

11 April 2012

The positive demand picture that was firming freight rates on benchmark routes in all crude tanker segments towards the end of 2011 and the first two months of 2012 is still hanging around. Almost the same – that is, as Aframax tanker have seen earnings on the benchmark route in the North Sea drop during February to touch the ground before taking rates to currently USD 10,500 per day.

Macro Economics - Global recovery is taking a breather before growth is expected to resume at a higher pace in the second half of 2011

20 June 2011

The speed of the global recovery has slowed down over the past couple of months, but the prospects for stronger growth in the second half of the year remain intact, as the underlying growth trend as well as job creation continues. But sustaining this may be highly dependent on output and demand solidifying in the coming months.