’s important news briefing held a few days ago, Xie Huiquan, general manager of Taiwan’s largest shipping company Evergreen Shipping , confirmed that with the arrival of the small peak season before the Lunar New Year, the company will charge additional peak season surcharges according to market demand.
"The volume of goods before the Lunar New Year is really full." Xie Huiquan analyzed that the current demand for shipping is relatively strong, and the container loading situation has improved a lot compared to before. Especially with the good news that mainland China has been unblocked, the container loading situation in December 2022 is much better than that in November, with an average loading rate of more than 90%.
In view of this, Evergreen Shipping promotes the freight rate increase plan. Among them, the US line will start in January 2023, and a peak season surcharge will be added, specifically US$1,000/FEU. At the
meeting, Xie Huiquan also expressed his outlook on the market in 2023 in 14 words: "The cold wind is blowing and the fallen leaves are flying, and I am eagerly looking forward to the return of the economy." The wind blows and the fallen leaves fly", but the freight rate is still determined by supply and demand.
Market changes in 2023 will be affected by two key factors: first, when the Russia-Ukraine war will end, and second, how supply and demand will be affected by IMOnew environmental protection regulations. For the global shipping industry, we can only "look forward to the recovery of the economy".
In November this year, Xie Huiquan also expressed a "relatively conservative but not pessimistic" attitude towards the market prospects in 2023.
Xie Huiquan predicted at the time that due to the imbalance between supply and demand in the fourth quarter, Evergreen Shipping’s revenue may decline again. However, he emphasized: "Although the performance in the third and fourth quarters is not as good as expected, overall, the annual performance will still be good, even better than last year."
It is also understood that Evergreen Shipping is continuing to strengthen global shipping Market layout, and announced a large-scale box-making plan.
The company's board of directors has recently approved a custom-made plan for 40,000 containers. At the same time, it spent NT$4.483 billion to order 9,800 regular containers and 7,800 reefer containers.
Currently, the container shipping market is in a period of volatility. Although there are endless voices of concern in the industry, many liner companies still have confidence in the future market.
Zheng Zhenmao, chairman of Yangming Shipping, said in an exclusive interview with a reporter from China Shipping Weekly that although the container shipping market in the second half of 2022 is not as strong as the first half of the year, it is not as pessimistic as some people in the industry expected. to the track.
"The economic growth in mainland China will become an important positive factor supporting Yang Ming's performance." Zheng Zhenmao emphasized, "The shipping market is changing all the time, and expectations will be adjusted accordingly. This is the characteristic of the market .” ONE CEO Jeremy Nixon’s opinion coincides with Zheng Zhenmoo’s.
Jeremy Nixon also said recently: "In general, one of the things we've learned in this industry is that things go up and down. recovery.”
The current turbulent market environment is a critical moment to test the wisdom of various liner companies.
Source: China Aviation Weekly
