• Home
  • News
  • Rates for container transportation expected to decrease in 2022
  • 2021 October 20 15:44

    Rates for container transportation expected to decrease in 2022

    There is a risk of excessive facilities to appear next year

    Rates for transportation of containers is expected to decrease in 2022-2023, container market players participating in the dedicated conference held in Saint-Petersburg say according to IAA PortNews correspondent.

    Aleksey Kravchenko, FESCO Director, Sales and Business Development, says the decrease of rates can be expected from the middle of 2022 but they will still remain higher than those of pre-crisis period. The coming two months are likely to see the continued growth of the rates, he says.

    According to the expert, the year of 2022 can see the excess of fitting flat cars, containers and fleet capacity which is to affect the rates of container cargo transportation.

    “Container companies seeing surplus of financial results invest in transport assets... We see a risk of excessive transport assets, flat cars, containers, ships that can appear in the mid-term already”, said Aleksey Kravchenko.

    He forecasts container exports to grow faster than imports thus leading to an imbalance. FESCO expects container transportation to make 14% in 2021 and 9% in 2022.

    Ivan Atemasov, General Director of Eurosib SPb-TS, said in his turn that the surge of container shipping was driven by higher focus of consumers on physical products due to less travelling and vising of various events amid the pandemic.

    “Next year we expect the growth (of container cargo transportation - Ed.) of about 10%. Nevertheless, we believe that the product quality, timely shipments, compliance with delivery terms and price will be the factors of influence starting from the next year”, said Ivan Atemasov.

    Related link:

    From depth to heights: freight rates ‘went crazy’ >>>>




2022 December 8

08:27 CMA CGM to upgrade its Zanzibar Feeder service

2022 December 7

18:27 SBTi launches world-first roadmap for net-zero shipping by 2040
18:09 IPEM expects Russian Railways' network loading to fall by 4% this year
17:44 NYK conducts successful demonstration of new cargo hold monitoring system featuring IoT sensors
17:23 Sempra Infrastructure announces agreement with ENGIE for supply of U.S. LNG from Port Arthur LNG Phase 1
17:16 ASOP expects throughput of Russian seaports to grow by 3-5% in 2023
16:47 The major shipping lines post an operating profit of USD 122bn in Jan-Sept 2022 - Sea-Intelligence
16:30 Market players report idle time of ships in the Far East ports of Russia of up to three months
15:45 Oil exports from Russia in the first 11 months of 2022 increased by +11.2% to 199.4 mln tonnes
15:33 Throughput of Murmansk Sea Fish Port in November 2022 rose 1.8 times YoY
14:45 LR certifies DriX uncrewed surface vessel
14:31 Trade turnover between Russia and China in 11M’22 rose by 32% YoY to $172.41 billion
14:02 Russian coal exports up after EU loosens curbs - Bloomberg
13:34 GPA approves a plan to renovate the docks at the Port of Savannah’s Ocean Terminal
13:29 Container traffic on Russian Railways’ internal network in 11M’2022 rose by 3.4% YoY
13:04 OSR plan approved based on drill results in CPC Marine Terminal water area
12:40 Bunker sales at Vladivostok port in 11M’2022 fell by 25% YoY
12:17 Number of containers with Chinese goods delivered to Saint-Petersburg surged 12 times this year
12:13 Charleston Harbor becomes the deepest harbor on the U.S. East Coast at 52 feet
11:58 Dynamar forecasts that perishable export volumes to fall slightly in 2022
11:31 Viking Line chooses Finnish flag for Viking XPRS
11:13 Sredne-Nevsky Shipyard to launch two passenger catamarans of Project 04580, Kotlin, in spring 2023
11:08 WinGD wins engine diagnostics orders as ship owners look to reduce OPEX
10:35 EU sanctions on Russia cost Cyprus 20 pct of oil tanker fleet - Xinhua
10:15 Semakovskoye gas field enters operation on Yamal
09:24 CMA CGM to acquire flagship terminals in the Port of New York and New Jersey
09:21 Ship of Project NE-020.2 Anatoly Cherneyev registered with Korsakov (Sakhalin) as its homeport

2022 December 6

18:36 SCZONE receives an economic delegation from the European Union
18:06 Puerto Aguadulce handles largest-capacity vessel to dock in Colombia
17:57 RF Ministry of Transport addressed with a proposal to reduce fuel expenses of fishing ships operating in remote areas
17:46 Port of Belledune signs MOU with Port of Hamburg
17:26 Trafigura signs USD3 billion loan agreement guaranteed by the Federal Republic of Germany to secure gas supply
17:06 IHC Dredging signs contract with Cochin Shipyard for design & hardware package of locally built TSHD for DCI
16:44 Performance Shipping announces delivery of the Aframax tanker
16:43 Tallink Grupp’s new ferry MyStar to be delivered to the company on 7 December
16:23 North Star raises £140m investment to build next wave of renewables fleet
15:57 Navigation of non-ice-class ships to be allowed at Great Port of Saint-Petersburg, Ust-Luga, Vyborg and Vysotsk
15:56 DP World and Americold sign a partnership agreement
15:13 FCT handled second vessel of new regular direct container service between Saint-Petersburg and China
14:34 Large-scale ammonia cracker to enable 1 million tons of hydrogen imports via port of Rotterdam
14:26 Over a hundred of icebreaker assistance operations held in the eastern part of the Gulf of Finland this winter navigation season
14:05 CyberLogitec completed successful implementation of OPUS Terminal at Qinzhou Automated Container Terminal of Beibu Gulf Port Group in China
13:24 CMES inks LoI for construction of up to six dual-fuel methanol-powered car carriers
13:02 Saipem acquires the Santorini drillship
12:30 South Korean shipyards rank 2nd in new global orders in November - Yonhap
12:01 General strike expected to cost Hyundai Heavy Industries KRW9bn per day - BusinessKorea
11:39 Order portfolio under phase 2 of investment quotas programme exceeds 70 fishing ships including up to 35 crab catchers
11:35 Consortium seeks first proposals for carbon capture shipping project - Reuters
10:11 Russian oil sanctions fuel boom for old tankers - Reuters
09:14 Russian Railways increases shipments of imported containers on gondola cars from Primorye Territory in Russia’s Far East
09:13 DNV says more than 200 LNG-powered ships ordered this year - LNG Prime

2022 December 5

18:27 ABP completes its annual Humber Oil Spill Incident Management Exercise
18:07 DNV enlarges its offerings portfolio to support businesses with EU Green Deal requirements
18:00 Oboronlogistics reports stable growth of ferry traffic in November 2022
17:44 Adani Ports and SEZ wins bid to buy Karaikal port - The Hindu Businessline
17:26 PD Ports welcomes first vessel on new short sea service from Iberia
17:04 Icebreaker assistance season begins in the port of Azov on December 7
16:57 Port of Rotterdam Authority and GoodShipping launch ‘Switch to Zero’ campaign to reduce shipping industry carbon emissions
16:17 Rosmorport to sign agreement with Gazpromneft Marine Bunker for supply of 10,000 tonnes of LNG to bunker ships in Ust-Luga
15:46 "Zykh" Ship Repair and Construction Yard completes the overhaul of the dry-cargo ship for ASCO