June shipping price trends are

EMC For the current European and American importers to replenish stocks in advance, the peak season in advance of the situation, said that the specific length of time to replenish the stock remains to be seen, as to whether there will be “the third quarter of the peak season is not booming” concerns, the overall optimism is still in place, but the specific degree of prosperity needs to be further observed. YML The Red Sea crisis has had a significant impact on the shipping market, leading to a direct reduction in global capacity of 15 to 20 per cent, which in turn drove freight rates to a small peak. The current market is not only facing a shortage of ships, but also an oversupply of containers, especially in areas such as the Western Mediterranean, where port congestion has already occurred. This supply-demand tension has made the global container liner market particularly tense, with no solution to the Red Sea crisis, the performance of the peak season in the 3rd quarter is quite predictable. WHL For the outlook of the container market, the lack of ships, lack of cabin spillover effect has spread to more routes, will be a comprehensive push up Australia and New Zealand, West Africa, South Africa, South America and Southeast Asia routes tariffs, if the imbalance between supply and demand can not be alleviated in the short term, tariffs will be supported by the high tariffs may be extended to the third quarter of this year. CMA & MSK With the new ships purchased by major shipping companies coming into service, the capacity of shipping companies will gradually increase, and shipping prices may be eased. Fernandez, chief financial officer of Duffy Marine Group, expects the global fleet to grow by 10 percent this year and about 7 percent in the future. “This will lead to overcapacity in the ocean freight industry.” “The detour around the Cape of Good Hope will not be enough to absorb the excess capacity” Maersk, the world's second-largest container shipping company, similarly predicted recently that there will be a general overcapacity globally in the second half of this year, which means that freight rates will fall. Shanghai International Shipping Institute Europe in the second half of this year will be held in the European Cup, the Olympic Games and other large-scale sporting events, will also promote the European route freight demand, especially clothing, textiles and toys and other commodities demand, and China and Southeast Asia is the main supply of such sporting events in the region. The shipping demand for sports events is mainly concentrated in the first quarter and the second quarter, so it is expected that the third quarter of the demand rise will tend to flatten out, appearing in the shipping industry, “the peak season is not prosperous” phenomenon. Summarizing: For June and even a bit beyond The general consensus among most practitioners and industry experts is: up!.