Independent journal on economy and transport policy
13:48 GMT+1
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Hapag-Lloyd and Maersk Line try at the market to give a jolt of the hires
From on 1° March the two companies they will apply GRI respective of 750 and 775 dollars/teu to the shipments westbound Far East - Europe/Med
February 1, 2012
If the announcement last week of the company of German navigation Hapag-Lloyd to introduce next 1° March a General Rate Increase (GRI) of the amount very 750 dollars for container teu for all the routes westbound that they connect Asia oriental (excluded Japan) with all the North Europe and the Mediterranean has provoked fuss for the inusitata entity of the increase of the hires, an increment of greater amount is announced monday from the Danish Maersk Line who has communicated the application from on 1° March of a GRI of 775 dollars for teu (dry and reefer) for shipments westbound from all the Asian ports towards all the destinations of the Europe North and the Mediterranean.
If warnings of increase of the relative hires to the director of Asia-Europe traffic reach also from other primary shipowning companies that line services operate on the route, than but they decidedly propose a generalized rise of the rates more content, the increases communicated from the German company, than work the fourth world-wide fleet of portacontainer for cargo ability, and from the Danish company, that it puts in field the first world-wide fleet, they seem to be faces to second refute the forecasts of many analysts which the trend to the decrease of the hires improvements until 2014 although the increases announced from the shipowning companies.
The analysts mainly base such forecast on the impact negative on the market determined from the increasing excess of ability to the world-wide fleet. The portacontainer cellular in exercise on 1° January, second the surveys of Alphaliner, are 4,938 for a cargo ability pairs to 15,41 million teu, while the portacontainer under construction or of which the order is confirmed is 620 for an ability pairs to 4,31 million teu, that is 28% of the fleet currently in service.
According to analysts, against previewed consisting an increase of the ability to the fleet, at less than a remarkable increase of the number of the demolitions of ships moreover improbable in consideration of the relatively young age of the fleet in exercise, the shipowning societies little will be able to make in order to move the hires.
Hapag-Lloyd and Maersk Line have evidently decided launch a pebble in the pond.
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