🌍Curious about India's Trade Partners? Dive into Maritime Analytica Insight - 56
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📊 Maritime Indices
👑 China: Shipbuilding Empire
🎄 Christmas Shipping Rush
🚢 Asia-Europe Rates Surge
⛴️ Charter Owners' Fleet Low
📦 Container Shortage Woes
💲 May 2024 U.S. Imports Surge
🌍 India's Trade Resilience
🌱 EU Green Fuel Uncertainty
🛢️ Red Sea Route Boosts Bunker Sales
💲 Container Price Surge
🖼️ Claude Monet-Inspired Containership
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Today's Wisdom from the Waves; 🌊
"The heart of man is very much like the sea, it has its storms, it has its tides, and in its depths, it has its pearls too." - Vincent van Gogh
🚢 Maritime Trivia: Container Shipping Quiz Time!
Previous Answer: Container Overboard
📊Maritime Indices - Sea-Freight, Charter, Bunker, Stock Rates - Week 25/2024
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👑How China’s $100B+ Shipbuilding Empire Dominates the U.S. via WSJ
🎄Christmas Shipping Rush Threatens Supply Chain, Warns Maersk Boss - Vincent Clerc
Surge in Christmas orders worsening delays and congestion.
Houthi attacks disrupt shipping, causing rate hikes.
Maersk now expects $1bn-$3bn in operating profit.
Asian ports face increased delays.
Disruption reminiscent of COVID-19 shipping crisis.
🚢Asia-Europe Spot Rates Surge, Could Exceed $20,000 per FEU
Rates on Asia-Europe route may surpass $20,000 per FEU
Recent surge attributed to high demand, vessel capacity constraints, and Asia congestion.
Longer routes via Africa due to Red Sea also contributing to rate hikes.
Carriers planning peak season surcharges, suggesting further increases.
Experts warn rates could exceed pandemic levels if crisis persists.