New ConTex + 1

(24.2.2017) The New ConTex followed its trend of the previous weeks and moved another point up compared to the last week. All segments are positive, but below 1% in that period, except the 3500 TEU size which is up 1.3% showing now almost USD 5,600 daily (up USD 73 daily) for the duration of 12 months.

Obviously all numbers on a Month-on-Month basis are positive and the New ConTex went up 6 points in that period. On the M-o-M basis the biggest move is seen in the 2,500 TEU size being up USD 300 (4.4%) basis 24 months and even USD 331 (5.6%) up basis 12 months evaluation.

It seems that so far nobody is getting too excited since the gap between available tonnage and requirements is presently only narrowing and obviously not closed yet. Having said that, over all there are more and more positive signs visible together with an improved activity in the market and a certain tightness of some types of tonnage in specific areas. This will hopefully lead to a continuation of this trend during the next months.