New ConTex over 400 points, finally!!!!
(27.04.2017) It is 18 months ago, that the New ConTex has been on a level above 400 points. With an increase of 1,5 %, respectively 6 points more than last week, crossed the border again and let the index finish the month of April at 405 points.
All size and period categories ended the week with moderate improvements with one exception only: the 12 months evaluation for the 4250 TEU Panamax class lost on a w-o-w basis USD 38,- resp. 0,4% and broke the 5-digits area back to USD 9.986,- only. Nevertheless, specially the 12 months evaluation of the Babypanamaxes is still leading the y-o-y change with an outstanding increase of 87 per cent.
In general, it can be mentioned that the Easter holiday break a fortnight ago did not harm the activity level too much and yet the number of fixtures concluded remains fairly stable. The only “downer” to be mentioned is still the situation that the recent successful improvement of the charter hire rates for the bigger units has not cascaded down so far to the smaller feedership units, which still need to catch up further.