Maroutal price increases in 2021, many trade routes will maintain high freight rates. Therefore, the
- Author:Aaron
- Release Date:2021-03-12
The 2020 epidemic has brought tremendous changes to the transportation market. In the first quarter of 2021, this change is expected to continue to continue; shipowners and shippers may strive to transform long-term leases into short-term leases.
Every year, it is the peak period of the annual lease. Many market participants believe that in 2021, many trade routes will maintain high freight rates. Therefore, the price of negotiations in early 2021 may create a new high.
Globe Express Services David Bennett David Bennett said in December freight prospects: "Don't say that the other party is a normal year of 2021."
Negotiation time
Most prices in the annual lease of the main route are negotiated in March and April. According to sources, if the spot market returns to normal, the ship operator will negotiate in advance. But it is obvious that the shipper / freight forwarding is more likely to wait until the spot market fell to decline.
Seaintelligence's CEO, LAS Jenson said: "I think that no shipper is willing to negotiate this day in the Lunar New Year. At least cross the Pacific route is absolutely unable to do."
Generally speaking, the price of the annual lease is negotiated in accordance with the spot market at the time, so because the current collective market is good, the freight rate is high, if it is now signing the contract, then it is likely to appear after the next few months. Since spot prices have fallen to less than the price of contract prices, the shipper / freight will bear a large loss.
Market observers are expected that due to the soaring price of transportation in the second half of 2020, the freight rate proposed on major trade routes may be higher in the main trade route for the second half of 2020.
A peer of North America said: "The freight rate of all major routes in 2020 is rising. The freight rate of the North American West Coast is 1,500 US dollars / feu's days have been returned, the carrier is on the Pacific route in the 2021st The starting price may reach $ 2,500 / feu. "
The annual lease can sometimes be replaced by Rolling Contracts for three months to six months, but this is mainly to protect shipowners, allowing the carrier to modify the contract provisions when renting / transportation rates, so shipper / freight forwarding It is best not to send hope to this.
Bennett said: "I think the short-term lease and the contract cycle of long-term lease will be different."
The spot market has a growth trend
Currently, on the main route, the spot market accounts for less than half of the share. However, due to some of the shipping people hoped to use the Lunar New Year's spot market price drop, the price of spot market price decline, it is expected that in 2021, the proportion of spot market has increased, and it is a medium and long term with respect to contract cargo volume. Growth.
However, there are also some shippers that may strive to sign a long-term lease (multi-year), with further rise in rushing freight, preventing this situation again in 2020. In the third quarter of 2020, the spot market has attracted some of the strong condemnation of customers with long-term lease, and some shipmen said that their goods are abandoned by those who prefer spot goods, staying in the pier of North Asia Port. on.
Bennett said: "We expect more fluctuations in 2021, so remind everyone to ensure that the cash is sufficient."
One peer says: "If the carrier can make a lot of money through long-term lease, the spot market may not be favored by them. In short, if the long-term lease has given the carrier's rich profits, then they There is no need to attack the spot market. "
When signing the price of less price, the shipper / freight forward will profit, but if the spot market has soared, then the goods of the owner may be the first to abandon in the port by the shipowner, so in order to It can guarantee the safe transport of goods, but also have the opportunity to get lower freight in the spot market, so some shippers may choose to enter the spot market in 2021.
Every year, it is the peak period of the annual lease. Many market participants believe that in 2021, many trade routes will maintain high freight rates. Therefore, the price of negotiations in early 2021 may create a new high.
Globe Express Services David Bennett David Bennett said in December freight prospects: "Don't say that the other party is a normal year of 2021."
Negotiation time
Most prices in the annual lease of the main route are negotiated in March and April. According to sources, if the spot market returns to normal, the ship operator will negotiate in advance. But it is obvious that the shipper / freight forwarding is more likely to wait until the spot market fell to decline.
Seaintelligence's CEO, LAS Jenson said: "I think that no shipper is willing to negotiate this day in the Lunar New Year. At least cross the Pacific route is absolutely unable to do."
Generally speaking, the price of the annual lease is negotiated in accordance with the spot market at the time, so because the current collective market is good, the freight rate is high, if it is now signing the contract, then it is likely to appear after the next few months. Since spot prices have fallen to less than the price of contract prices, the shipper / freight will bear a large loss.
Market observers are expected that due to the soaring price of transportation in the second half of 2020, the freight rate proposed on major trade routes may be higher in the main trade route for the second half of 2020.
A peer of North America said: "The freight rate of all major routes in 2020 is rising. The freight rate of the North American West Coast is 1,500 US dollars / feu's days have been returned, the carrier is on the Pacific route in the 2021st The starting price may reach $ 2,500 / feu. "
The annual lease can sometimes be replaced by Rolling Contracts for three months to six months, but this is mainly to protect shipowners, allowing the carrier to modify the contract provisions when renting / transportation rates, so shipper / freight forwarding It is best not to send hope to this.
Bennett said: "I think the short-term lease and the contract cycle of long-term lease will be different."
The spot market has a growth trend
Currently, on the main route, the spot market accounts for less than half of the share. However, due to some of the shipping people hoped to use the Lunar New Year's spot market price drop, the price of spot market price decline, it is expected that in 2021, the proportion of spot market has increased, and it is a medium and long term with respect to contract cargo volume. Growth.
However, there are also some shippers that may strive to sign a long-term lease (multi-year), with further rise in rushing freight, preventing this situation again in 2020. In the third quarter of 2020, the spot market has attracted some of the strong condemnation of customers with long-term lease, and some shipmen said that their goods are abandoned by those who prefer spot goods, staying in the pier of North Asia Port. on.
Bennett said: "We expect more fluctuations in 2021, so remind everyone to ensure that the cash is sufficient."
One peer says: "If the carrier can make a lot of money through long-term lease, the spot market may not be favored by them. In short, if the long-term lease has given the carrier's rich profits, then they There is no need to attack the spot market. "
When signing the price of less price, the shipper / freight forward will profit, but if the spot market has soared, then the goods of the owner may be the first to abandon in the port by the shipowner, so in order to It can guarantee the safe transport of goods, but also have the opportunity to get lower freight in the spot market, so some shippers may choose to enter the spot market in 2021.