CARGO SHIPPING OUTLOOK 2021: CONTAINER TRANSPORT ON RISE

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ABOUTXENETA

At Xeneta we believe there is an untapped potential for everyone in the industry, to systematically learn from our individual and collective efforts. We hold true that "if you cannot measure it, you cannot improve it". That’s why we think actionable metrics is the key to continuously evolve for every business, and ultimately the entire industry. Rethinking global logistics is the vision of Xeneta.

With international experience from the logistics industry, we have first-hand knowledge of the challenges related to high volatility and lack of transparency in the ocean freight market. By combining logistics background and information technology expertise, we found the solution to these challenges.

WE ARE TRANSFORMING GLOBAL LOGISTICS

ARE YOU PAYING THE RIGHT CONTAINER

FREIGHT RATES?

DISCOVER SAVINGS POTENTIAL IN REAL

TIME.

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ACCORDING TO THE REPORT "CARGO SHIPPING MARKET - GLOBAL TRENDS AND

FORECAST TO 2021", THE GROWTH IN CONTAINER TRANSPORT WILL HAVE

HIGHEST GROWTH IN CARGO SHIPPING TRADE COMPARED TO OTHER TYPES OF

CARGOS (LIQUID, DRY, GENERAL).

AFTER THE FISCAL YEAR 2018, THE REPORT STATES THAT THE CARGO SHIPPING MARKET IS PROJECTED TO REACH 12.52 BILLION TONS AT CAGR OF 3.5% FROM 2016 TO 2021 OVERALL WITH THE CONTAINER MARKET THE MOST PROMISING.

GLOBALIZATION DRIVING CONTAINER GROWTH

NOT SURPRISINGLY, DEMOGRAPHIC CHANGES AND THE INCREASED GLOBALIZATION DRIVE THE GROWTH FOR CONTAINER TRANSPORT. ADDITIONALLY, THE INVESTMENTS IN PORT INFRASTRUCTURE, GLOBAL SUPPLY & DEMAND CYCLE WILL HAVE POSITIVE IMPACT ON CONTAINER TRANSPORT.

A FEW WEEKS AGO WE SAW THE NEW PANAMA CANAL OPENING, WHICH WILL SEEMINGLY GARNER MORE TRADE FROM THE PACIFIC TO THE NORTH AMERICA EAST COAST.

AT THE SAME TIME, SOME NORTH AMERICAN PORTS LIKE THE EAST COAST PORT OF NY/NJ GOT THEMSELVES READY AND RECEIVED THE 10K TEU, MOL BENEFACTOR, ON JULY 8TH AFTER IT SAILED THE FIRST VOYAGE THROUGH THE NEWLY EXPANDED PANAMA CANAL.

DEVELOPING COUNTRIES ARE PRODUCING MORE, SLOWLY BUT SURELY, MAKING THEIR WAY FROM BEING LABELED "DEVELOPING" INTO EXPORTING NATIONS. THIS, OF COURSE, ALL ADDS TO MORE CARGO.

FACTORS THAT CAN HAULT RECOVERY

AFTER THE FISCAL YEAR 2018, THE REPORT STATES THAT THE CARGO SHIPPING MARKET IS PROJECTED TO REACH 12.52 BILLION TONS AT CAGR OF 3.5% FROM 2016 TO 2021 OVERALL WITH THE CONTAINER MARKET THE MOST PROMISING.

OF COURSE, EVEN THOUGH GLOBALIZATION IS DEEMED TO DRIVE GROWTH, THERE ARE CERTAIN FACTORS THAT CAN AFFECT CONTAINER TRANSPORT AND ULTIMATELY PRICES. WE HAVE SPECULATED WHAT EFFECT BREXIT CAN HAVE ON GLOBAL TRADE AND FEIGHT RATES.

WE ALSO HAVE SPECULATED WHAT THE PANAMA CANAL EXPANSION WILL REALLY FOR FOR TRADE COMING FROM ASIA TO NORTH AMERICA AND A POSSIBLE FURTHER DOOM TO SHIPPING PRICES.

HOW DOES THE ISSUE WITH OVERCAPACITY, MEGA SHIPS, ALLIANCES AND THE REST OF THE LOT COME INTO PLAY? WE DON'T KNOW AT THIS POINT, BUT WE FIND IT INTERESTING TO LOOK AT HISTORICAL RATE DATA IN XENETA AND FUTURE RATES COMING IN AND DECIPHER SOME OF THE TRENDS.

LEARN HOW XENETA CAN HELPYOU GET INSIGHT AND

INTELLIGENCE INTO YOUR GLOBAL OCEAN FREIGHT PRICES AND CHANGE YOUR LOGISTICS

BUSINESS:

REQUEST DEMO NOW

NOT SURPRISINGLY, DEMOGRAPHIC CHANGES AND THE INCREASED GLOBALIZATION DRIVE THE GROWTH FOR CONTAINER TRANSPORT. ADDITIONALLY, THE INVESTMENTS IN PORT INFRASTRUCTURE, GLOBAL SUPPLY & DEMAND CYCLE WILL HAVE POSITIVE IMPACT ON CONTAINER TRANSPORT.