Container shipping costs and container freight futures have been experiencing significant increases. The Shanghai Containerized Freight Index (SCFI) rose by 6.9% week-over-week, reflecting a bullish trend in the market. Container freight futures for various months have shown notable gains, with August up 2%, October up 6%, December up 8%, February up 9%, April up 7%, and June up 4%. Additionally, the World Container Index continues to rise, indicating a broader trend of increasing global container rates. The FBX index remained unchanged at 4507, marking a 28.5% increase for June.
Comparing current container freight futures to a month ago: August: 5580 (vs 4615) October: 4770 (vs 3670) December: 4480 (vs 3000) February: 3910 (vs 2420) April: 3330 vs (vs 2070) Increases of 21-65% in one month. Wow. $ZIM $HLAG $MAERSK https://t.co/M0MGCqfB5r
Oh look, another UP day for the Container Freight Futures index; up 1.3% after a very strong day yesterday. This is getting plain silly how strong rates and futures are and equities still have largely ignored it . $ZIM $MAERSK $HLAG https://t.co/E330PJAHpG
Tanker Index 7/2: - BCTI: 826 (-7) - BDTI: 1127 (-15) Tankers still a bit directionless. $TEN is still not updating correctly; itβs -1%. $HAFN and $STNG leading at +1.5% $FRO $NAT $TEN $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI https://t.co/XVsXhXAMJW
Container freight futures had another strong night. April and June 2025 had massive increases! August +5% October +4% December +3.5% February +6% April +13% π June +15% π $ZIM $HLAG $MAERSK https://t.co/VAiO5a2acY
Container freight futures continue their relentless upward and up another 2.5% at open to a new high. $ZIM $MAERSK $HLAG https://t.co/5a0sTALrhV
Container freight futures continue their relentless upward and up another 2.5% at open. https://t.co/5a0sTALrhV
Tanker Index 7/1: - BCTI: 833 (-1) - BDTI: 1142 (-8) Equities all down 1-3%, but slowly moving off the day lows from early this morning. $FRO $NAT $TEN $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI https://t.co/TG74xSy3cp
Tankers are very weak today. $FRO -4.5% the leading decliner. On the Up side, $ESEA is very strong at +6% and $SBLK and $DSX +2% https://t.co/9UTFVAxbvi
Opening Tanker Look: Itβs Monday and tankers are a sea of RED, with $FRO and $ECO leading down at -3%. TNP is now $TEN. Their new ticker is having issues loading, but itβs actually up 1.5% to be the tanker leader! $FRO $NAT $TEN $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI https://t.co/FcRlD0xCdo
Monthly Shipping poll: With containers having small gains and the winners of June, which shipping segment will be the Top Equity Performer in July 2024?
Container freight futures ended the session with gains, with 2025 contracts having significant gains: August +1.5% October +1% December 4% February +9% π₯ April +14% π June +15% π $MAERSK +5% today $ZIM $HLAG https://t.co/4tb3zvATJb
Container freight futures open up 2% to start the week. $ZIM $MAERSK $HLAG https://t.co/YvRztRVel2
Global container rates are surging again.
World Container Index continues to rise. https://t.co/Job6doabjJ
Overall for June, the top 5 Shipping Winners: β$KNOP +45% β$GLNG +21% β$EDRY +13% β$CMRE +9% β$SB, $MATX, $BWLP +6% After a very strong first 5 months of 2024, shipping took a moderate breather in June. None of the segments did that well, but containers was the only oneβ¦ https://t.co/HkEs1DJtCG
June US other shipping equity performance; LPG down overall, KNOP and GLNG very strong: - Best: $KNOP +45% - Runner Ups: $GLNG +21% - Gainers: $BWLP +6%, $CDLR +5%, $EURN +4%, - Small Movers: $DLNG +1%, $NVGS +0.2%, $SFL -2% - Decliners: $FLNG -6%, $CLCO -12%, - Worst: $GASSβ¦
June US container equity performance; mixed month, but overall slightly green: - Best: $CMRE +9% - Runner Up: $MATX +6%, $DAC +5% - Flattish: $ZIM +0.5%, $GSL +0.5% - Decliner: $CPLP -3% - Worst: $ESEA -7% Mixed month in Europe: $MPCC +4% and $MAERSK -1%. $HLAG +1%
June US oil tanker performance, down month of mainly 5-10%: - Best: $TRMD +2% - Runner ups: $OSG +0.5%, $STNG +0.5% - Small Decliners: $PXS -1%, $ASC -1%, $HAFN -2% - Middle Decliners: $DHT -5%, $INSW -5%, $TNK -6%, $NAT -6%, $TNP -6% - Large Decliners: $BWET -9%, $TK -9%, -β¦
Tanker Index 6/28: - BCTI: 834 (+4) - BDTI: 1150 (-11) Tankers have been sliding since open. Dirty -1-2%. $FRO $NAT $TNP $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI https://t.co/vGTgwfQwih
Opening Tanker Look: Clean tankers the Leaders again. Dirty bouncing around a bit but still green. $FRO $NAT $TNP $TRMD $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI https://t.co/vDb4NV9yL9
FBX unchanged: - FBX: 4507 (FLAT) $ZIM $MAERSK $HLAG Started the month at 3508. 28.5% increase for June! π₯π₯ Container equities are looking to end the month flattish. L O L $ZIM $HLAG $MAERSK
Container freight futures had a very STRONG session: August +2% October +6% December +8% π₯ February +9% π₯ April +7% June +4% Also, SCFI rose 6.9% w/w. The bullish data does not stop. $ZIM $HLAG $MAERSK https://t.co/bhRvhbQd2t
Container freight futures had a very STRONG session: August +2% October +6% December +8% π₯ February +9% π₯ April +7% June +4% Also, SCFI rose 6.7% w/w. The bullish data does not stop. $ZIM $HLAG $MAERSK https://t.co/ecxGBqpyiN
Container shipping costs continue to climb. https://t.co/Sod11cAnob