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Depots overwhelmed, but optimism remains for box prices
来源：shippingazette 编辑：编辑部 发布：2023/03/16 16:44:46
ALTHOUGH depots are overwhelmed, the Container Price Sentiment Index (xCPSI) recorded a positive value by the beginning of March 2023, reports Hamburg's Container xChange.
Historically, 2,700 industry professionals have participated in the sentiment analysis surveys since February where Container xChange asked for expectations on container price development in coming times.
These repeated surveys form a primary element of the Container price sentiment index (xCPSI) which indicates how shipping professionals worldwide view container prices to develop in coming times.
"We learn from many customers of Container xChange that the demand for containers is still there, just that the supply is overshooting the demand. Due to this, we see ripple impacts like for example, depots working on max capacity (depots in China for instance working on 90 per cent utilisation) and therefore, not being able to accept new clients," said Container xChange CEO Christian Roeloffs.
"This is a global phenomenon now. And that is a struggle for the NVOCCs and shipping lines who want to open new markets."
Oversupply of containers has caused depots to run on 90 per cent utilisation in countries like China, making it challenging to move the containers around and eventually making depots less efficient.
Said Langowski Logistics container depot department coordinator Agnieszka Polejewska: "For inland containers, we do not see many containers in the yards.
"The production of new containers and their expanse on the ports in Europe and the USA can be overwhelming, as there are still a lot of old containers. But the production was, is, and will be still working, as old, heavily used containers must be replaced. We must wait it out till the end of the Q1 of 2023 to see how this situation is developing because of so many disruptions in our industry."
Historically, 2,700 industry professionals have participated in the sentiment analysis surveys since February where Container xChange asked for expectations on container price development in coming times.
These repeated surveys form a primary element of the Container price sentiment index (xCPSI) which indicates how shipping professionals worldwide view container prices to develop in coming times.
"We learn from many customers of Container xChange that the demand for containers is still there, just that the supply is overshooting the demand. Due to this, we see ripple impacts like for example, depots working on max capacity (depots in China for instance working on 90 per cent utilisation) and therefore, not being able to accept new clients," said Container xChange CEO Christian Roeloffs.
"This is a global phenomenon now. And that is a struggle for the NVOCCs and shipping lines who want to open new markets."
Oversupply of containers has caused depots to run on 90 per cent utilisation in countries like China, making it challenging to move the containers around and eventually making depots less efficient.
Said Langowski Logistics container depot department coordinator Agnieszka Polejewska: "For inland containers, we do not see many containers in the yards.
"The production of new containers and their expanse on the ports in Europe and the USA can be overwhelming, as there are still a lot of old containers. But the production was, is, and will be still working, as old, heavily used containers must be replaced. We must wait it out till the end of the Q1 of 2023 to see how this situation is developing because of so many disruptions in our industry."