In its October Horizon monthly review of the container shipping market, analyst MSI says it expects Asia to North Europe volumes to start growing year on year from Q4. However, risks are “still weighted to the downside”, considering that another 2.6m teu of newbuild capacity is due to be delivered by the end of Q2 24. Read more at The loadstar
According to a quarterly analysis by the British company MSI, in August of this year the indicative shipbuilding prices were around 30% to 50% higher, compared to the levels at the end of 2020. Read more at Neatora
The arrival of the AT Honor into the Metro Maritim Intitama fleet gives the company four tankers of around 10,000-dwt with an average age of 16 years.
Although the ship will likely operate in the Indonesian cabotage trade, MSI forecasts that if it continues to trade internationally, its earnings during 2024 will average $8,650 per day, a figure that one broker described as still good. Read more at TradeWinds