DynaLiners Weekly

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Vessel Tracking
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Publications

th

26 year of issue

49/15
04 December 2015

NEW - East and Southern Africa (worldwide) Container Trades - NEW

DynaLiners Trades Review (2015)
East Coast South America (worldwide) Container Trades 2015
UPDATED - Container Volumes & Terminal Capacity in North Europe II - UPDATED
For many more publications and information, please visit www.dynamar.com/publications

CONTAINER TRADES
Europe - Far East
Preceding the announced 1 December rate increases, ranging between USD 650 and USD 1,000/TEU,
for the Far East to Europe/Mediterranean route, average spot rates went up from USD 295/TEU to USD
554 TEU for North Europe, according to the 27 November Shanghai Containerized Freight Index (SCFI).
For the Mediterranean trade it was a slightly better
USD 626/TEU, up from USD 316/TEU. They are,
however, still below the levels of early November
and far away from a cost covering operation for the
carriers, which will hopefully be repaired next Friday.
Transpacific
Hanjin and ZIM will exchange space (350 TEU) on
the Far East-US East Coast route, involving the respective CKHYE Alliances AWE1 and AWE8 services
and the Israelis Z7S (via Suez) loop. Their itineraries
are:
- AWE1 (via Panama) - CHKYE - 8x 4,300 TEU - Busan, Pyongtaek, Ningbo, Shanghai, Busan, New York, Wilmington, Savannah, Ensenada and back to Busan
- AWE8 (via Suez) - CHKYE - 11x 8,500 TEU - Xiamen, Kaohsiung, Hong Kong, Shenzhen (Yantian), Singapore, New York,
Norfolk, Savannah and back to Xiamen
- 7ZS (via Suez) - ZIM - 10x 4,000/6,000 TEU - Singapore,
Shenzhen (Dachan & Yantian), Ho Chi Minh, Singapore, Colombo, New York, Savannah, Norfolk and back to Singapore

As anticipated (DL 41/15), Fyffes Atlantic Shipping

will put a stop to its Caribbean-North Europe con-

ventional reefer service and switch to slots from

Maersk Line instead. For this purpose, the latter will
launch a new loop operated by five 2,500 TEU ships,
with around 600 reefer plugs each. Fyffes original
rotation will be stretched to Hamburg and now read:
Turbo, Santa Marta, Portsmouth, Antwerp Hamburg
and back to Turbo.
North America - Latin America
Seaboard Marine will use space on the Port Everglades-Jamaica leg of Seafreights US Gulf-Caribbean
Service, which besides a selection of Caribbean islands also calls at Colon and Georgetown (Guyana).
Seafreight is now a division of Crowley (DL 46/15),
but the two still market their networks separately.
Far East - Australasia
PIL-controlled Mariana Express Lines (MELL) has extended its Asia North Australia (ANA) service to
Ningbo. The rotation is now: Shanghai, Qingdao,
Ningbo, Hong Kong, Surabaya, Darwin, Port Moresby, Townsville, Kaohsiung and back to Shanghai.
Far East - Africa
NYK has withdrawn from the Far East-West Africa
trade. It has ended its partnership with Gold Star
Line and Hapag-Lloyd on FAX, Alphaliner reports, to
which both carriers now contribute an extra ship.
With the SCFI spot rates quoted at USD 529/TEU allin last week, the Japanese have apparently concluded that party time is over there, despite the general-

Copyright 2015 Dynamar B.V. - P.O. Box 440 - 1800 AK Alkmaar - The Netherlands
www.dynamar.com, dynaliners@dynamar.com, Phone: +31 72 514 7400
Managing Editor: Dirk Visser, Editor: Frans A.J. Waals

DYNALINERS WEEKLY 49/2015, 04 December 2015

ly anticipated considerable trade growth. NYK reentered the Far East-West Africa route in 2009 when
it set up a new joint service with NileDutch. Its previous, then still breakbulk, involvement on the route
was discontinued in the early 1990s.
Far East - Latin America
Hanjin, Hyundai and Yang Ming will terminate their
joint Far East-WCCA/WCSA West Latin Express
(WLX), according to Alphaliner, and opt for three different solutions. The WLX was formed in July (DL
13/15) when Hanjin and Hyundai ended their respective partnerships and teamed up with newcomer Yang Ming. The new situation will be:
Hanjin cooperating with APL, Hapag-Lloyd, K Line, MOL and
NYK in:
- WL1 - 8x 5,500/6,500 TEU - Busan, Kaohsiung, Kaohsiung,
Shenzhen (Chiwan), Hong Kong, Shanghai, Manzanillo
(Mex), Lzaro Crdenas, Buenaventura, Balboa, Lzaro
Crdenas, Manzanillo, Yokohama and back to Busan
- WL2 11x 6,500 TEU - Tokyo, Keelung, Hong Kong, Shenzhen
(Dachan), Xiamen, Shanghai, Ningbo, Busan, Manzanillo
(Mex), Callao, Iquique, Valparaiso, Lirquen, Callao, Manzanillo and back to Tokyo
Hyundai cooperating with China Shipping, CMA CGM, Hamburg Sd and Hapag-Lloyd in:
- AN1 - 11x 7,000 TEU -Keelung, Hong Kong, Shenzhen
(Yantian), Xiamen, Ningbo, Shanghai, Busan, Manzanillo
(Mex), Callao, Iquique, Mejillones, Valparaiso, Keelung
- AN2 - 11x 9,000 TEU - Busan, Shanghai, Xiamen, Shenzhen
(Chiwan), Hong Kong, Manzanillo (Mex) , Lzaro Crdenas,
Buenaventura, Callao, Valparaiso, San Vicente, Mejillones,
Callao, Lzaro Crdenas, Manzanillo and back to Busan
Yang Ming cooperating with Evergreen, Coscon, PIL and Wan
Hai on:
- WSA - 10x 6,000 TEU - Kaohsiung, Shenzhen (Yantian),
Hong Kong, Ningbo, Shanghai, Manzanillo (Mex), Buenaventura, Callao, Iquique, San Antonio, Callao, Manzanillo
and back to Kaohsiung
- WSA2 - 10x 4,700 TEU - Kaohsiung, Shenzhen (Shekou),
Hong Kong, Ningbo, Shanghai, Manzanillo (Mex), Lzaro
Crdenas, Puerto Quetzal, Buenaventura, Guayaquil, Callao, Manzanillo and back to Kaohsiung

Latin America - Far East

Besides the Med Gulf service, CMA CGMs new Med
Gulf Ecuador (MGE) service (DL 46/15) will also incorporate its (former) Gulf Bridge Express (GBX). The
extensive rotation of MGE, provided by nine ships of
1,700-2,500 TEU, will be: Malta, Leghorn, Genoa,
Barcelona, Tangier, Caucedo, Kingston, Veracruz, Altamira, Houston, New Orleans, Kingston, Cartagena,
Balboa, Guayaquil, Balboa, Kingston and back to
Malta.
Intra-Far East
SITC will commence a new link between Hong
Kong/Shenzhen and Indonesia/Jakarta/Malaysia,
dubbed China-Philippines Express (CPX5). Operated
by two 900 TEU vessels, it will connect: Hong Kong,
Shenzhen (Shekou), Manila, Cebu, Jakarta, Bintulu,
Manila, Bantangas and back to Hong Kong.
As from mid-January, T.S. Lines will hire space on
the 3x 1,600 TEU Japan/Taiwan-Vietnam NSC service
of Evergreen between: Tokyo, Yokoyama, Shimizu,
Nagoya, Yokkaichi, Taichung, Kaohsiung, Hong Kong,
Ho Chi Minh, Hong Kong, Shenzhen (Shekou), Hong
Kong and back to Tokyo.
CMA CGM subsidiary Cheng Lie will realign its 4x
1,700 TEU Japan Thailand Express (JTX) with the addition of Shimizu at the expense of the northbound
stop at Taichung. The revised route will be: Tokyo,
Yokohama, Shimizu, Nagoya, Osaka, Kobe, Keelung,
Taichung, Kaohsiung, Hong Kong, Laem Chabang,
Bangkok, Laem Chabang, Hong Kong, Kaohsiung,
Keelung and back to Tokyo.
Intra-Latin America
MOL started calling at Pisco (Peru) with its BalboaWest Coast South America Guayaquil Paita Xpress
(GPX). On the Balboa-Callao leg APL has just started
taking slots. The revised route is: Balboa, Pisco,
Callao, Paita, Guayaquil and back to Balboa.

COMPANIES
Mergers and Takeovers
Merger talks between China Shipping and Cosco will
stretch into the New Year, the two said in stock exchange filings in Shanghai and Hong Kong. The term
is now extended until 10 January. Should after then
talks be extended again, they will coincide with the
Chinese New Year (31 January) with the outcome
likely to be delayed even further.

The possible takeover of NOL/APL is apparently becoming serious, as CMA CGM is searching for money
to finance the acquisition. The French carrier is said
to be talking with BNP Paribas, HSBC and JPMorgan
Chase, amongst others. Under Singapore rules, the
company needs to prove it has enough funds to back
its offer. It has until 7 December to do so.
2

DYNALINERS WEEKLY 49/2015, 04 December 2015

CMA CGM is the result of the 1999 merger of
Compagnie Maritime d'Affrtement (CMA) and
Compagnie Gnrale Maritime (CGM). While CMA
was established by Jacques R. Saad in 1978, stateowned CGM was already the result of an earlier
merger, in 1977, between Compagnie Gnrale
Transatlantique (CGT, 1851) and Compagnie des
Messageries Maritimes (MM, 1861). In 1996, CMA
turned out to be CGMs surprise buyer. Much of
CMA CGMs corporate growth since then has been
built upon acquisition:
- 1999 - Australia National Line (ANL)
- 1999 - Delmas - Mediterranean-Caribbean services, from
Bollor
- 2003 - MacAndrews, from Andrew Weir Shipping
- 2005 - Delmas, OT Africa Line and Setramar, from Bollor
- 2007 - Cheng Lie Navigation (CNC)
- 2007 - Compagnie Marocaine de Navigation (CoMaNav)
- 2007 - US Lines (a NVO)
- 2015 - OPDR (from Bernhard Schulte)

Monday the world should know whether APL can be

added to this list.
Carriers
Hapag-Lloyd will spend a part of the USD 300 million
raised from its initial public offering (IPO) on repaying a high-interest loan. Upon the condition that it
manages to refinance a USD 115 million vessel financing facility provided by banks, it will pay off USD
125 million from bonds placed in October 2010 and
due in 2017. They have an annual interest of 9.7%.
Hapag-Lloyd has said not to be in a hurry to order
20,000 TEU ships, although such was among the
purposes of the recent listing move. The expected
savings going from such ships may still be attractive,
but no as much as when bunker prices were still
over USD 700 per ton. We feel confident to get good
ships in a more positive future, was the tenor of his
comment. What will happen to G6 Alliance partner
APL may also be part of the consideration.
Hyundais liner business posted a 9M 2015 turnover
of KRW 3.48 trillion (USD 2.9 billion), a decline -in local currency- of 7.2% year-on-year. Measured in US
dollars, the decrease was a much higher 17%. Its operational loss on container operations was KRW 84
billion (USD 71 million) compared to KRW 66 billion
in the same period last year, while its overall net loss
reached KRW 218.8 bullion (USD 185 million). Due to
the sales of various activities, the contribution of the
container division has increased to three quarters of

the groups consolidated revenue, which means that

there is not much more left to sell to make up for future losses, if any.
'15/'14
9M15
9M14 3Q15 3Q14
Revenue (cnt)
-17%
2,948
3,560
871 1,490
Opr profit (cnt)
14%
-71
-63
-43
-13
Net profit
-230%
-185
142
3
222
Carryings (TEU)
-9%
2,288
2,522
819
871
Rev/TEU (USD)
-9%
1,289
1,411 1,063 1,711
Opr/TEU (USD)
25%
-31
-25
-53
-15
Opr. Margin
-2.4%
-1.8% -4.6% -0.6%
(Financials: converted million USD, carryings: 1,000 TEU)

Hyundais overall carryings went down to 2.3 million

TEU, a decline of 9.3% year-on-year. There was a
13.6% growth on the Europe-Far East route, but
Transpacific (-21.3%) and Intra-Asia (-10.7%) volumes dropped considerably.
Carryings
Europe-Far East
Transpacific
Intra-Asia
Total
(1,000 TEU)

Growth
'15/'14
13.6%
-21.3%
-10.7%
-9.3%

9M15
TEU
650
767
871
2,288

9M14
TEU
572
975
975
2,522

9M13
TEU
505
943
883
2,331

Maersk Line said that it plans to keep its deployed

capacity in 2016 at current levels (DynaLiners will
check)! Its current armada measures slightly below 3
million TEU.
During the first nine-months of 2015, ZIM saw carryings reduce by 4% to slightly more than 1.7 million
TEU, whereas revenues dropped by as much as 11%
to USD 2.3 billion. According to adjusted figures,
EBITDA recovered from a USD 39 million loss in
9M14 to a pleasing USD 197 million in the same part
of this year. The Israeli carrier made a 9-month and
a quarterly net profit of USD 35 million and USD 11
million respectively. After an extended difficult period: chapeau!
'15/'14 9M15
9M14 3Q15 3Q14
-11% 2,304
2,596
749
854
-605%
197
-39
61 -252
-118%
35
-192
11
-63
-4% 1,718
1,793
581
557
-7% 1,341
1,448 1,288 1,533
EBITDA/TEU (USD)
-627%
115
-22
105 -452
Opr. Margin
- 8.6% -10.4% 8.1% -29.5%
(Financials: converted million USD, carryings: 1,000 TEU)
Revenue
EBITDA
Net profit/loss
Carryings (TEU)
Rev/TEU (USD)

DYNALINERS Weekly 33/2015 14 August

PORTS, TERMINALS & ARTERIES
Europe
In the first nine months of 2015, ports in Ireland
handled 492,000 laden TEU, an increase of 5.2%
year-on- year. Imports grew by 7.4% to 282,900
TEU, exports by 3% to 209,400.
A rare bird, the gelochelidon nilotica or gull-billed
tern, may prevent the deepening of the River Elbe
giving access to the port of Hamburg. According to a
report commissioned by the Hamburg Port Authority on the projects environmental and nature effects, as required by the European Commission, it
would cause the extinction of this species whose only remaining North European population resides in
the Elbe delta. According to the EUs Habitats Directive such project may not cause irreversible damage to nature.

throughputs of all European ports, files on the drivers (big

ships) of most if not all expansion and project plans and so
much more.

Mediterranean
Ports in countries along the Black Sea (excluding
Turkey) handled 1.21 million full TEU in 9M15, a decline of 13%. Including empties, the total reached
1.72 million TEU. Ukraines volumes dropped by 28%
to 202,000 TEU, while Russias throughput came
down by 15% to 309,000 TEU. With a decline of 11%
to 169,000 TEU, Georgia did not fare much better.
The top-5 carriers were Maersk Line (286,400 TEU),
MSC (284,000 TEU), CMA CGM (128,800 TEU), Arkas
(104,000 TEU) and ZIM (97,500 TEU), jointly controlling a combined 74.2% of the Black Sea market.
Port

Gelochelidon nilotica

Bulgaria
Georgia
Romania
Russia
Ukraine
Total
(1,000 TEU)

Antwerps MSC PSA European Terminal (MPECT)

has received the first five (of nine) new 25 boxeswide gantry cranes for its terminal at Deurgangk
Dock. They are some of the forty-one cranes that
will operate at this facility, which will replace the
MSC Home Terminal at Churchill Dock (behind the
locks). Once fully operational, MPET will offer a capacity of 9 million TEU with a quay length of 3.5 metres and an area of 240 ha.
nd

Dynamar has published the 2 edition of Container

Throughput & Terminal Capacity in North Europe, amongst
other comprising identically structured profiles of 90 container terminals and projects in 27 main ports (St. PetersburgSines range) of 11 North European countries. In addition to a
great many terminal-features related analyses are 5-year Far
East and US container trade statistics per country and 5-year

Share
%
10%
14%
26%
25%
25%
100%

'15/
'14%
5
-11
0
-15
-28
-13

9M15
TEU
119
169
317
309
300
1,214

9M14
TEU
113
189
315
364
419
1,401

Middle East
ICTSI has ordered two Ship-to-Shore gantry cranes
with an outreach of 42 metres plus other yard
equipment for its Basra Gateway Terminal in the
Iraqi port of Umm Qasr. They will be used for its
new Berth 20. Their delivery is planned for the second quarter of 2016.
The Suez Canal Authority and the Red Sea Ports Authority have signed an agreement with DP World
and Sonker Bunker Company to develop a new harbour, which will, amongst others, house a new container terminal. The plan to add extra box capacity
is not new, but the project stalled as the port failed
to attract extra cargo and the port authority threatened to cancel DP Worlds concession (DL 33/14).
Far East
South Koreas 9M2015 port liftings exceeded 19 million TEU, a rise of 3% year-on-year. The countrys

Copyright 2015 Dynamar B.V. - P.O. Box 440 - 1800 AK Alkmaar - The Netherlands
www.dynamar.com, dynaliners@dynamar.com, Phone: +31 72 514 7400
Managing Editor: Dirk Visser, Editor: Frans A.J. Waals

DYNALINERS WEEKLY 49/2015, 04 December 2015

biggest outlet Busan handled 14.5 million TEU (+4%),
but volumes at Kwangyang went down by 3%. At Inchon they remained unchanged. The small ports
Daesan, Jeju, Seogwipo and Wando fared well again
year-on-year, reporting strong growth.
Port
Busan
Daesan
Inchon
Jeju
Kunsan
Kwangyang
Mokpo
Pohang
Pyeongtaek
Seogwipo
Ulsan
Wando
Other
Total
(1,000 TEU)

Share
%
76.1
0.4
9.1
0.2
0.2
9.1
0.5
0.3
2.2
0.1
1.5
0.1
0.2
100

'15/ 9M15
9M14 9M13
'14%
TEU
TEU
TEU
4 14,470 13,901 13,192
32
74
56
45
0 1,733 1,729 1,576
43
42
30
23
-8
31
34
30
-3 1,724 1,769 1,664
36
102
75
73
-38
66
108
104
6
414
392
375
23
20
16
15
-2
290
295
291
25
20
16
15
70
39
23
28
3 19,025 18,443 17,432

Singapore has extended its block exemption for liner

shipping from competition rules by five years until
31 December 2020. The exemption allows agreements between two or more vessel operating carriers on price, technical, operational or commercial
arrangements. As a transhipment port, Singapores
competitive position depends very much on its attractiveness for vessel operators, as (joint) services
could easily switch away to other ports, such as Port
Kelang and Tanjung Pelepas.
Australasia
DP Worlds USD 20 million plan to upgrade the container terminal in Burnie (Tasmania) now has a question mark, as the Australian Senate rejected a proposed shipping bill allowing foreign vessels more
freedom in serving Australian destinations (DL
47/15). It would have allowed foreign vessels operating between Australian ports (cabotage) for more
than six months per year to pay foreign wages to
their crew. As it will affect the viability of the project, the stevedore has hinted it will withdraw from
the project if the ban is not lifted.
Australias Competition and Consumer Commission
(ACCC) has rejected Brookfield Infrastructures plan
on how it would preserve competition on the countrys rail network should it to take over Asciano,

amongst others parent of stevedoring company Patrick Terminals. Brookfield already owns 5,500 kilometres of rail network in Western Australia. DL
46/15 refers.
North America
It was bound to happen. The first (almost) 18,000
TEU vessel, CMA CGMs new CMA CGM Benjamin
Franklin, will, with the paint still fresh, call at the US
West Coast ports of the Los Angeles and Oakland.
As such, it will be the largest tonnage calling there
since MSC introduced ships of 14,000 TEU. Apparently, there is so much overcapacity on the EuropeFar East route, that she is not welcome there, giving
the opportunity to test the US ports capability to
handle her.
Latin America
King Ocean will add a northbound call at Santo Tomas de Castilla to its Nicaragua/San Andres service
en route to Port Everglades. The new port order will
be: Port Everglades, San Andres, Rama, Santo Tomas
de Castilla and back to Port Everglades.
Hamburger Hafen und Logistik AG (HLLA) has denied that it has formally expressed its interest in
bidding for the concession to operate the planned
Corozal terminal at Balboa (DL 47/15) and is not interested in the project, anymore. This leaves ten
stevedores in the race for the 5.2 million TEU project.
Arteries
The Suez Canal Authority (SCA) has officially approved the building of a new, 9.5-kilometre long, 17
metres deep and 205 metres wide access channel to
Port Said East, which will allow vessels transiting the
main waterway to be separated from traffic to and
from the Suez Canal Container Terminal (SCCT).
SSCT will provide USD 15 million of the USD 36 million total cost. Completion is foreseen for mid-2016.
According to GUPC (Grupo Unidor por el Canal), repairing the leaking doorways in the locks of the Panama Canal, will be finished by mid-January 2016. It
is hoped that this will be early enough to be ready
for the intended opening in April.
The planned Nicaragua Canal is facing yet another
delay, as concession holder Hong Kong Nicaragua
Development (HKND) announced it would not start
5

DYNALINERS WEEKLY 49/2015, 04 December 2015

building before late 2016, a year behind the latest
schedule. In the meantime, the question remains
who will foot the USD 50 billion bill, as its main
sponsor, Chinese billionaire Wang Jing (and CEO of

HKND), has lost most of his fortune in the recent

crash of the Shanghai stock exchange.

SHIPS & CONTAINERS

Unless specified otherwise, all cellular containership capacities stated throughout DynaLiners are nominal TEU. Details on newbuilding are given in good faith but without guarantee. Unless of an urgent or special news value, details on chartering, newrd
building deliveries, sales and demolition are published in DynaLiners Monthly, issued every 3 week of the month.

Containers
In 2015, just above 2 million TEU dry containers will
be constructed, according to estimates from
Worldcargo News, a reduction of 37% compared to
last year. The main manufacturer is CIMC, building
31% fewer boxes, ahead of Singamas (-45%) and
CXIC (-43%). The fast majority of them will be standard (20, 40 and HC), with the remainder consisting
of specials (including open top/side, bulk and flat
racks), palletwides and US Domestic containers.
'15/
2015
'14
TEU
CIMC
-31% 1,015
Singamas
-45%
335
CXIC
-43%
300
Dong Fang
-29%
220
MCI-Dongguan
-32%
105
Pan Ocean Container
-30%
35
Other Chinese
-69%
20
Rest of the World
-50%
30
Total
-37% 2,060
ISO standard
-36% 1,970
ISO special
-45%
30
Palletwide
-50%
35
US Domestic
-58%
25
(1,000 TEU, sourced from Worldcargo News)
Manufacturer

2014
TEU
1,480
605
525
310
155
50
65
60
3,250
3,065
55
70
60

2013
TEU
1,145
500
405
240
145
0
50
65
2,550
2,375
60
55
60

Newbuilding
In contrast to what DynaLiners and other media
claimed last week, Evergreen has not ordered ten
more ships of 2,800 TEU, but has allocated ten of its
existing twenty unit order book to one of its subsidiaries, Greencompass Marine S.A. (GMS). DL 48/15
refers.
Design
Classification society DNV GL has, together with
CMA CGM and French LNG specialist GTT
(Gaztransport & Technigaz), developed a new container ship design with the project name PERFECt,
which stands for Piston Engine Room Free Efficient
Container ship. The concept vessel is LNG-fuelled,
powered by a combined gas and steam turbine, and
electrically driven. As the main engine room is accommodated in the deckhouse and the LNG tanks
located directly under it, with small electrical engines in the aft of the ship, the system creates extra
cargo space rather than using extra.

PERFECt (Source: Lloyds List)

DYNALINERS WEEKLY 49/2015, 04 December 2015

FACTS AND FIGURES (unless stated otherwise, all rates on this page are USD)

Type/
380 Cst
180 Cst
Port
USD/ton
USD/ton
Rotterdam
183
203
Genoa*
206
226
Fujairah
211
217
Singapore
215
221
Tokyo
248
254
Durban*
n/a
234
Houston*
166
216
Long Beach*
219
269
Historical Rotterdam Prices
26-Nov-15
196
217
04-Dec-14
368
398
Wednesday/Thursday's prices (*ex-wharf)
Source: Oil Shipping (Bunkering), Rotterdam

Bunker price (Rotterdam 380 Cst)

MDO
USD/ton
351
445
580
414
355
560
420
459
388
620

600
550
500
450

USD/Ton

Indicative bunker market prices

400
350
300
250
200
150
jan feb mrt apr mei jun jul aug sep okt nov dec jan
2014
2015

World Container Index (WCI)

3,000
2,500

Crude oil future prices for delivery in:

Mar-16
USD/barrel
43.98

Index

Date/
Jan-16
Feb-16
Crude
USD/barrel USD/barrel
Brent
42.73
43.38
Thursday's future prices (per barrel) for Brent

2,000
1,500
1,000
500
0
jan feb mrt apr mei jun jul aug sep okt nov dec jan
2014
2015

Freight indices
Index
CCFI
SCFI
WCI

Week 48/15 Week 47/15 Week 48/14

750.54
775.69
1,047.04
535.22
484.14
949.65
783.60
861.86
1,737.98

WCI was established in September 2011

BOX Index (BOXi) - Braemar Seascope

90
80

Charter indices

70
60

Index

Index
Week 48/15 Week 47/15 Week 48/14
BOXi
55.63
56.03
60.18
ConTex
353
362
372
HARPEX
380
386
422
Howe Robinson
481.9
481.9
542.3

50
40
30
20
10
0

Rates of exchange
Date/
03-Dec-15
Currency
/USD
BRL
3.83
CHF
1.02
CNY
6.40
EUR
0.95
GBP
0.67
JPY
123.46
KRW
1,164.45
TWD
32.82
Thursdays exchange rates

26-Nov-15
/USD
3.76
1.02
6.39
0.94
0.66
122.59
1,148.38
32.53

4-Dec-14
USD
2.57
0.98
6.15
0.81
0.64
119.95
1,115.65
31.14

jan feb mrt apr mei jun jul aug sep okt nov dec jan
2014
2015

DYNAMAR recently-issued credit reports

Company
Asean Seas Line Co., Limited
Compagnie Maritime Marfret S.A.
Hamburg Sdamerikanische Dampfschifffahrt-Gesellschaft
Hanjin Shipping Co., Ltd.
Shreyas Relay Systems Ltd
The China Navigation Company Pte. Ltd.

Dynamar has just completed another well researched and presented survey on the worldwide container
trades connecting with economically strong growing Africa. Building upon and updating the 2011 and 2013
editions, we are proud to present:
The East and Southern Africa (worldwide) Container Trades (2015)
Combined, East and Southern Africa have seen full container volumes grow along their main trade lanes
by an average of over 9% (CAGR) since 2010. This is backed up by the value of merchandise trade expanding by more than 26% to USD 385 billion over the same period. If GDP achieves USD 818 billion by
2018 as the IMF forecasts, it will have increased by a very decent 4% CAGR.
It is not the twelve littoral East and Southern African countries only doing relatively well, albeit with substantial divergences, the eleven landlocked nations are fast developing as well. So are -thus- the corridors
stretching and connecting them to the major gateway ports. The further good news is that Somaliattributed pirate attacks have diminished, from 2010's around 220 to barely ten (10 too many) last year.
For everybody involved, either directly or indirectly, in the movement of cargo by sea to and from East and
Southern Africa, this report provides a wealth of information and even more in the form of summaries,
outlines, profiles, data, analysis, tables, graphs on the East and Southern Africa (worldwide) Container
Trades (2015) and its:
- 6 deepsea trade lanes: 5-year main-trade full container TEU statistics
- 47 container services: carriers, frequencies, port rotations, ships, notes
- 23 trade-related carriers: carrier, service, port & annual trade capacity analysis
- 16 of 23 African ports: 16x 5-year throughputs
- 23 countries: Main moving commodities, trade partners, operating and trade ratios
- 10 hinterland corridors: Economy, merchandise trade, background
Throughout, in addition to overall data, analyses also makes distinction between the three trade components of East Africa, ,Southern Africa and Indian Ocean Islands. The report's price includes a free subscription to 6 monthly updates!
Prices: PDF - EUR 990 | Printed/Bound - EUR 1,010 | Both formats: EUR 1,075
The East and Southern Africa Container Trades (2015) study can be downloaded (requiring a password) at
www.dynamar.com/publications/150. Or please contact us at: info@dynamar.com or +31 72 514 7400

Dynamar, since 1999 publishers of DYNALINERS, one of

the best-known portfolios of newsletters and commentary on the worldwide liner trade, has released the
2015 edition of the DYNALINERS Trades Review, its
annual, comprehensive liner shipping report.
The glossy-printed magazine contains a wealth of liner
shipping data and comes in a handy A4 format for easy
daily consulting of its overwhelming contents packed
with tables, statistics, summaries and overviews.
Main sections of the DynaLiners Trades Review (2015):
A well-researched global container trade survey with
this year's title: More for Less
A month-by-month, subject-by-subject overview of all
2014 main Liner Shipping issues
An extensive non-container section: Breakbulk - Heavy
Load - Ro/Ro - Reefer
An abundance of data, statistics, summaries and overviews on a plethora of liner shipping topics
And finally, the customary last chapter reminds
the reader that container shipping is just Part of a
Long Chain that has adjusted to liner shipping and
that maybe the time has come for liner shipping to readjust to the Chains demand
The DynaLiners Trades Review (2015) is a must on the desk of every (liner) shipping executive, traffic manager and
terminal operator, in fact for everybody involved, directly or indirectly, in the movement of general cargo by sea.
The DynaLiners Trades Review (2015) can be ordered from our website, where you can also download the (free)
Contents and Index Overview: www.dynamar.com/publications/148
Alternatively, please mail or fax your order to:
Dynamar B.V., P.O. Box 400, 1800 AK ALKMAAR - The Netherlands - Fax +31 72 515 1397
Phone: +31 72 514 7400 - E-mail: sales@dynamar.com
Yes, I would like to order:
Copy (copies) of the DynaLiners Trades Review (2015)
Prices/conditions (please tip the box of your choice)
I am a DynaLiners-subscriber and pay EUR 85 for an extra copy
I am NOT a DynaLiners-subscriber and pay EUR 170 for a hard copy - or EUR 190 for a PDF (NEW, download link)
I want to subscribe to DynaLiners and receive one free copy of the Trades Review - contact me!
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EAST COAST SOUTH AMERICA (worldwide) CONTAINER TRADES 2015

Building on previous studies of 2013 and 2011, the 2015 edition of EAST COAST SOUTH AMERICA (worldwide)
CONTAINER TRADES allows a spot-on assessment of the development of the always promising, though not all the time
delivering, worldwide East Coast South America trades - Over the period 2010-2014, the annual full container trade
volume (import and export, all trades) increased by 14% - Perhaps not a very exciting growth, but yet in a trade that is
constant on the move - As one example: between 2011 and 2015, average vessel sizes in the two main long haul routes
with Argentina, Brazil, Uruguay and Paraguay increased by 63% on the Far East route, and even by 95% to/from North
Europe - The 2015 survey once again offers a wealth of data, analyses, figures, overviews and tables on the East Coast
South America container trades. Features include:
Extensive profiles of each of the nine deepsea trades with the Far East, North Europe, Mediterranean, North America, Caribbean, Africa, Middle East/Indian Sub Continent, Australasia, West Coast South America, as well as intra-Mercosul
Containing various sections comprising data on individual container operations (carriers, schedules, ships, capacities); evolution of services; vessel sharing; services overview; trade capacities per service, carrier and port of call; service grids, and last
but not least:
5-year liftings (overall and per carrier) - 5-year full container volumes (TEU) split for import and export - 5-year overall trade
forecasts - 5-year East Coast South America port throughput, growth, shares
Container port and terminal developments -Trade lane-based profiles of all nineteen carriers -Vessels deployed, significant
developments and operational impacts -Major global, international and regional container terminal operators
Merchandise trade; national and regional economic contexts - Statistical based-East Coast South America country profiles

The publication price includes a subscription to six/6 monthly updates on service changes and other significant trade
developments taking place after report closing date, including their effects on capacity, if any. Each update is also inserted in the study's Post Publication chapter.
YES: I would like to order Dynamar's EAST COAST SOUTH AMERICA 2015 CONTAINER TRADES (tip the box of your choice)
.PDF/E-mail EUR 975
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Dynamar B.V. - info@dynamar.com - www.dynamar.com/publications/143

Dynamar is proud to present:

CONTAINER VOLUMES & TERMINAL CAPACITY in NORTH EUROPE ii

What is the status of actual, planned and intended container terminal capacity in North Europe? How are
container volumes expected to grow over the next 10 years? How is box handling supply expected to develop? Where may space become tight; where will it remain ample? And foremost, which ports and terminals
can accommodate the latest generation of Ultra Large Container Ships (ULCS)? This report analyses the present and future container terminal capacity in all North European ports called by North Europe-Far East (21) and
Transatlantic (18) container services, making up for 80% of relevant North Europe port handlings.

Features include:
Executive Summary with sharp analyses of all relevant throughput, capacity and terminal performance data
Identically structured profiles and overviews of nearly 80 existing terminals, 20 expansions and some 20 new
Projects in 27 different ports and 11 seaboard countries in North Europe (Baltic Russia-Portugal range)
Terminal name - operator - ownership - location - surface - quay length - depth alongside - number/outreaches
of Ship-to-Shore gantries - reefer points - TOS - TEU capacity 2014 - TEU handlings 2014/2013 - expansion plans
The Big Ships Files - the ULCS phenomenon and its impact on ports
2014/2024 status, annual development and forecast of terminal capacity
2005/2024 historic and forecast port container throughput
5-year TEU throughput of all North European ports (more than 66 million TEU in 2014)!
5-year full TEU volumes North Europe-Far East and Transatlantic trade stats (by North European country)
All North-Far East and Transatlantic box services - North Europe ports of call analyses for both trades
Transhipment shares and feeder volumes of 10 main hubs - Inland modal split of the Gateway ports - International/Global Terminal Operators North European presence - historic and forecast GDP growth per country
ORDER ONLINE NOW at www.dynamar.com/publications/140

Or contact us: Phone: +31 (0) 72 514 74 00 - Fax: +31 (0) 72 515 1397 - Email: info@dynamar.com
YES: I would like to order Dynamar's new Container Volumes & Terminal Capacity in North Europe (tip the box of your choice)
.PDF/E-mail EUR 670
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ORDERFORM
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DYNAMAR B.V. off-the-shelf consultancy reports

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(Liner) Shipping Insight Reports

0323 DynaLiners Trades Review 2015 s ubs cri bers : one FREE; extra copi es :
0323 DynaLiners Trades Review 2015 for non-Dyna Li ners s ubs cri bers :
0319 Dynamar REEFER Market Analysis
0309 Top 25 Container Liner Operators - Tra di ng Profi l es
0312 Deepsea RO/RO Shipping - Operators, Ships, Markets
0296 Breakbulk III - Opera tors , Fl eets , Ma rkets
0298 Containers - Makers, Lessors, Users
0281 Slow Steaming - A transient fashion or here to stay?
0217 Feedering and Transhipment - Tra des , Top Opera tors & Shi ps
PU

Jun-15
Jun-15
Dec-14
Dec-14
Ma r-14
Ma r-13
Apr-12
Aug-10
Aug-07

105
190
915
575
645
645
635
295
355

85
170
935
595
665
665
655
315
375

170
255
1,000
660
730
730
700
360
420

Sep-15
Apr-15
Ja n-15
Sep-14
Ma r-14
Ma r-13
Dec-12
Jul -12
Ja n-09

990
975
950
1,165
985
1,135
975
975
475

1,010
995
970
1,185
1,005
1,155
995
995
495

1,075
1,060
1,035
1,250
1,070
1,220
1,040
1,040
540

Apr-15
Apr-13

670
635

690
655

735
700

Container Trades and Markets Studies

These reports are available "as is", but can be fully updated/customised

0307 East & Southern Africa Container Trades (Europe/As i a /Ameri ca s )

0320 East Coast South America 2015 Container Trades (Europe/As i a /Ameri ca s )
0321 East-West Container Trades: the Alliances Playground
0315 Intra-Mediterranean Container Trades
0314 West Africa Worldwide Container Trades
0304 Intra-Europe Container Trade
0303 Europe-Mediterranean Container Trade
0300 West Coast South America Container Trades (worldwide)
0253 Panama Canal Container Trades: Pa s t, Pres ent a nd Future
PU

Other Shipping Publications

0301 Container Throughput & Terminal Capacity in Europe II (upda ted)

0290 Container Throughput & Terminal Capacity in the Mediterranean

Prices for Container Trades and Markets Studies include a subscription to six consecutive monthly updates
All prices are excluding VAT. Publications in PDF format can be downloaded from our website www.dynamar.com.
Alternatively, they will be sent by e-mail upon receipt of your order.
Please contact us if you require (a flyer with) additional information on the publication(s) of your choice

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