You are on page 1of 5

23/11/2015

GlobalTradeJustSnapped:ContainerFreightRatesPlummet70%In3Weeks|ZeroHedge

home contributors store zhtshirt glossary archive manifesto rss donate

5MythsRegardingtheParisTerror
Attacks

FormerSeniorAidetoFOUR
PresidentsOutlinesHowandWhy
theElitesWanttoEndPhysicalCash

Postedby:GeorgeWashington
Postdate:11/20/201513:03
InsteadofListeningtoIdiotsTalkingTheirBook...
Let'sFactChecktheMyths

CurrentCopperPriceBelowCostof
Production
Postedby:EconMatters
Postdate:11/21/201516:20
FedSpeakbecamehawkishtotelegraphto
financialmarketsthattheDecembermeetingwas
apotentiallivemeetingforaraterise.

Postedby:PhoenixCapital...
Postdate:11/21/201512:05
Thereisawidespreadglobalcampaignto
eradicatephysicalcash.Andwevenowgota
connectedinsiderconfirmingit.

Home

GlobalTradeJustSnapped:ContainerFreight
RatesPlummet70%In3Weeks

Search

SubmittedbyTylerDurdenon11/21/201523:350500

BalticDry Copper headlines Realestate recovery Renaissance Reuters

Tweet

Share

136

"Thismarketislookinglikeadisasterandtheratesarea
reflectionofthat,"warnsoneoftheworld'slargestshipbrokers,
butwhileTheBalticDryFreightIndexgetsalltheheadlines
havingcollapsedtoalltimerecordlowsthisweekitisthe
speficsbelowthatheadlinethataretrulyterrifying.Atatimeof
typicalseasonalstrengthforfreightandthusglobaltradearound
theworld,Reutersreportsthatspotratesfortransporting
containersfromAsiatoNorthernEuropehavecrasheda
stunning70%inthelast3weeksalone.Thisalmost
unprecedenteddivergencefromseasonalityhasonlyoccurredat
thisscaleoncebefore...2008!"Itislookingscaryforthe
marketanditdoesntlooklikethereisgoingtobeany
lifeinthemarketinthenearterm."

AudioCommentaryFromRanSquawk:

BalticDryatrecordlows...

RanSquawkNews TheFly BenzingaPro


11235:51:Todayhasonceagainseenastrengtheningof
theUSDindex(99.83,+0...
11235:51:USD/CADcontinuestoedgehigher,as
commoditypricesremainunder...
11235:18:EUMIDSESSIONUPDATE:Stockshavecomeoff
worstlevelsinrecent...

Userlogin

11234:45:Europeanequitiesremaininnegativeterritory,
howeverhavecomeoff...

Username:*

11234:45:Bundscontinuetoedgelower,withBarclays
advisingclientsto...

Password:*

Createnewaccount

AndShanghaiContainerizedFreightcollapsing...

11234:12:BNPtradereccomendation:pay5y/5yEurozone
inflationat1.80%and1...
11234:12:GoldmanSachssaythattheFedwillprobaly
beginhikingratesnext...
11234:12:EUManufacturingPMI(NovP)M/M52.8vs.

Requestnewpassword

Exp.52.3(Prev.52.3)

Login

11235:51:iPathS&P500VIXShortTermFuturesat
19.43,10daymoving...

ZeroHedgeReads

11235:51:iSharesSilverTrust30dayimpliedvolatilityat
27,52weekrange...

ActingMan

11235:51:SPDRGoldTrust30dayimpliedvolatilityat16,

AltMarket

52weekrange12to...

BearishNews

11235:51:Russell2000Index30dayimpliedvolatilityat

Benzinga

17,52weekrange13...

BoomBustBlog

11235:51:FinancialSelectSector30dayimpliedvolatility

CapitalistExploits

at18,52week...

ChinaFinancialMarkets

ChrisMartenson'sBlog

AsReutersreports,

ContraryInvestor
CreditWritedowns

11235:51:MBFinancialtohostconferencecall
11235:51:BellicumremainsatopsmallcappickatPiper
Jaffray
11235:51:StockswithimpliedvolatilitymovementXXOM

http://www.zerohedge.com/news/20151121/globaltradejustsnappedcontainerfreightratesplummet703weeks

1/14

23/11/2015

GlobalTradeJustSnapped:ContainerFreightRatesPlummet70%In3Weeks|ZeroHedge

Daneric'sElliottWaves

Shippingfreightratesfortransporting
containersfromportsinAsiatoNorthern
Europeplungedby27.9percentto$295per20
footcontainer(TEU)intheweekendingon
Friday,onesourcewithaccesstodatafromthe
ShanghaiContainerizedFreightIndextoldReuters.

Thedropcameafterspotfreightratesontheworlds
busiestroutedropped39.3percentlastweek,and
thecurrentratesarewidelyseenaslossmaking
levelsforcontainershippingcompanies.

Thespotfreightratesfortransporting
containers,carryinganythingfromflatscreen
TVstosportswearfromAsiatoNorthern
Europe,hasfallen70percentinthreeweeks.

IntheweektoFriday,containerfreightratesfell
22.5percentfromAsiatoportsintheMediterranean,
dropped8.6percenttoportsontheU.S.WestCoast
andweredown8.0percenttoportsontheU.S.East
Coast.

DealBook
Demonocracy
Dr.HousingBubble
ETFDailyNews
ETFDigest
FirstRebuttal
ForexLive
GainsPains&Capital
GlobalEconomicAnalysis
HedgeAccordingly
ImplodeExplode
InvestingContrarian
Jesse'sCafeAmericain
LibertyBlitzkrieg
MarketFolly
MarketMontage
MaxKeiser
Minyanville
MisesInstitute

11235:51:Tuniu+5.5%FollowingAnnouncementof
$500MInvestmentbyHNATourism
11235:51:JefferiesUpgradesKeyCorptoBuy,Raisesto
$15.50
11235:51:GoldmanSachsUpgradesYPFSociedadtoBuy
11235:18:FlipkartHiresTwitterGroupProductManager
TarunJaintoHeadProductsDivision
11235:18:EltekReceives$1.4MinOrdersfromCustomers
inIndia
11235:18:CrudeFalls3%Venezuela'sOilMinisterSees
PotentialMid$20'sCrudePriceifOPECMembersWon'tCut
BackonProduction
11235:18:TuniuAnnounces$500MInvestmentFromHNA
Tourism
11235:18:UPDATE:HNATourismGroupPaying$16.50
PerTuniuADS

NakedCapitalism
OfTwoMinds
OilPrice
PeterSchiff
RebootingCapitalism

Butevenmoreconcerningisthiscollapseisoccurringjustas
thecontainerizedfreightindustryentersitsgolden
seasonalperiod...

Shanky'sTechBlog
SlopeofHope
SmartKnowledgeUBlog
StealthFlation
Stratfor

NewComments Today'sTopStories

TFMetalsReport

11236:22:Recoverythis(VinceFostersGhost)

TheBurningPlatform

11236:20:Therearemanydifferences(TallTom)

TheDailyCrux

11236:18:TheUSSAisapsychoticRogue

TheEconomicPopulist

(NuYawkFrankie)

TheHammerstoneGroup

11236:16:Alsothisone:/*Style(Analyse2)

TheMarketTicker

11236:13:DiscoveryChannel(cookiesanyone)

TheTrader

11236:03:http://zhc0.comZeroHedge

TheVineyardOfThe

(15horses1donkey)
11236:03:Kirk2...Ihaditexplained(Mentaliusanything)

Saker

11236:01:Theyarrivewithwadsof500(kw2012)

ThemisTrading

11235:59:Looksit'sallthoserefugees(kw2012)

ValueWalk
VariantPerception
ViewFromTheBridge
WolfStreet

Nowwherehaveweseenthismassiveunprecedented
decouplingbefore?

11235:55:lol,azestoftruthwrapped(falakpema)
11147:09:ParisUnderSiege:FrenchMilitaryDeployed
AfterShootout,ExplosionsLeave60Dead,100Hostages
TakenLiveFeed
11163:14:TheFalseFlagLink:SyrianPassport"Found"
NextToSuicideBomberWas"DefinitelyAForgery"
11205:47:TheMostImportantQuestionAboutISISThat
NobodyIsAsking
111515:44:PassportFoundNextToParisSuicideBomber
BelongsToSyrian"PoliticalRefugee"WhoEnteredGreece
11180:07:"There'sNoSuchThingAsISIS":Journalist
DestroysWest'sTerrorNarrative,WarnsOfCrackdownOn
"Dissidents"
111917:10:"Devastated"TraderCrushedBySoaring
Biotech,StartsOnlineBeggingCampaignToFund$106,000
MarginCall
11147:09:FrenchPresidentDeclaresStateOfEmergency,
EnforcesCurfew,ClosesBorders,ReinforcesArmy
11193:17:RussiaExplainsToCluelessUSPublicWhy
ObamaCan'tDefeatISIS
11166:21:TheFrenchCampaignBegins:Hollande
Launches"MassiveBombardment"OfISISCapital
111616:34:ISISThreatensAttacksOnWashingtonDCIn

NewVideo

Ofcoursetheclarioncallsofthestatusquo,everythingis
awesome,optimistsisthatthishasnothingtowithdemandbut
ismerelyduetooversupplyofships...

ContactInformation:

Supplyhasindeedsurged...

Tips:tips[at]zerohedge.com
General:info[at]zerohedge.com
Legal:legal[at]zerohedge.com
Advertising:ads[at]zerohedge.com
Abuse/Complaints:abuse[at]zerohedge.com
SuggestedReading:
Makesuretoreadour"HowTo[Read/TipOff]ZeroHedge
WithoutAttractingTheInterestOf[HumanResources/The

http://www.zerohedge.com/news/20151121/globaltradejustsnappedcontainerfreightratesplummet703weeks

2/14

23/11/2015

GlobalTradeJustSnapped:ContainerFreightRatesPlummet70%In3Weeks|ZeroHedge
Treasury/BlackHelicopters]"Guide
Itwouldbeverywiseofyoutostudyourdisclaimer,our
privacypolicyandour(non)policyonconflicts/full
disclosure.Here'sourCookiePolicy.

Howtoreportoffensivecomments

NoticeonRacialDiscrimination.

Source:@M_McDonough
Butonlythankstototallymanipulatedanddecoupledfrom
realitysignalsfrom'markets'thatcausedfirmstomassively
malinvestinbuildingshipsfortherenaissanceofglobaltrade...
whichneverhappened...

PARTNER
CENTER

TODAY'S
OFFERS

COMPARE
BROKERS

Infact,asthechartaboveshows,growthinglobaltrade
hasbeenslowingdownforsometime,asActingMan's
PaterTenebrarumnotes,
Butsomewherebetweencollapsingoilprices,
dollarstrength,andconsumerlethargythe
economysnarrativehasdriftedoffplot.The
themehastransitionedfromoneofrenewedgrowth
andrecoverytooneofrecurringsicknessand
stagnation.MassmalinvestmentsinU.S.shaleoil,
Brazilianmines,andChinesefactoriesandreal
estatemustbereckonedwith.

Priceadjustments,bankruptcies,anddebt
restructuringmustbepainfullyworkedthroughlikea
strawberrypickerhunkeredoveraseemingly
endlessfurrowrowofoverripeningfruits.Sore
backs,burntnecks,andtenderfingersarewhatthe
overalleconomyhasinfrontofit.TheU.S.
economyisnotimmunetotheglobaldisorder
afterall.
Moreevidenceisrevealedeachweekthattheunexpectedis
happening.Insteadofeconomicstrengthandrobust
growth,economicfundamentalsarebreakingdown.
Manufacturingisslowing.Consumerspendingissoft.For
additionaledification,justlookatcopper,ironore,or
aluminum...

http://www.zerohedge.com/news/20151121/globaltradejustsnappedcontainerfreightratesplummet703weeks

TechnicalAnalysis
oftheFinancial
Markets:A
Comprehensive
JohnJ.Murphy
Hardcover
(2)

Rs.1,737.00

3/14

23/11/2015

GlobalTradeJustSnapped:ContainerFreightRatesPlummet70%In3Weeks|ZeroHedge

Charts:Bloomberg
Average:
Yourrating:NoneAverage:4.8(43votes)
Tweet

Share

136

Loginorregistertopostcomments

Printerfriendlyversion

Sendtofriend

advertisements

StoriesYouMightLike

Indiatohost1st
SouthAsian
disaster
management
TimesofIndia

Themost
expensivehouse
livesonIndian
soil
CheapAirTickets|

AngelinaJolie
PittIsBehind
ClosedDoorsin
BytheSea
TheNewYorkTimes

LowestAirfareand
CheapFlightDealsat
Skyscanner.co.in

DyingValKilmer
Refuses
TreatmentFor
ThroatTumor
RadarOnline

TourLenny
Kravitz'Former
MiamiBeach
Estate
MansionGlobal

SponsoredStories
5Undervalued
CompaniesToInvest
Today
PromotedbyTalkMarkets

ForTheFirstTime,
GujaratCMCategorically
RulesOutQuotaFor
PatelCommunity
PromotedbyFrontPage

ExPatientOfBenCarson
SaysSheRegretsEver
HavingMetHim
PromotedbyRadarOnline

EuropesNewWorry:
Portugal
PromotedbyTheFinancialistby

TheNeedleThat
MayPopThe
Bubble
TalkMarkets

MorefromZero
Hedge
ISISGoesFull"Jackass",
TriesToShootDown
FighterJetWithPickup
TruckMachineGun
The1%IsRollingOver
TheStunning
VisualizationOfThe
World's3BillionBarrel
OilGlut
TheWorld'sFirst
CashlessSocietyIsHere
ATotalitarian'sDream
ComeTrue
TheseAreTheStocks

http://www.zerohedge.com/news/20151121/globaltradejustsnappedcontainerfreightratesplummet703weeks

4/14

23/11/2015

GlobalTradeJustSnapped:ContainerFreightRatesPlummet70%In3Weeks|ZeroHedge
MostHatedByHedge
Funds(AndWhyYouMay
WantToBuyThem)

CreditSuisse

SMSFs,7GoldenRules
ToLiveBy

CaughtOnTape:Russian
AirForceDestroys
DozensOfISISOil
Trucks

PromotedbyAMPCapital

IsLennyKravitzMusic
toaHomebuyersEars?
PromotedbyMansionGlobal

Recommendedby

besnook

Sat,11/21/201514:41|6821803

bah!humbug!christmaspastisdelusion.christmas
futureissyrup.itisreally,reallygoingtobeasour
christmasandashortageofcoalwinter.
Loginorregistertopostcomments

max2205

Sat,11/21/201514:48|6821846

Iguessretailersfinishedstockinguplastweek
fortheremainderoftheyear
Loginorregistertopostcomments

Winston

Sat,11/21/201515:03|6821886

Churchill
Decade,notyear.

Loginorregistertopostcomments

Anonymous

Sat,11/21/201515:26|6821944

User
Iseeanewbusinessopportunity:Ditchthe
cruiseshipsandtakeaFreightship.
Nowjusttofindacatchynameandbuildanapp
forit.

PSyeah,nopornlinkthistime.Iknowitsucks.
Loginorregistertopostcomments

Global

Sat,11/21/201515:43|6822002

Hunter
Noitdoesn'tsuck,thisisbetter.

Loginorregistertopostcomments

Tarzan

Sat,11/21/201515:48|6822018

LOOKAWAY,there'snothingtosee
here,theeconomyissplendid,
didyouseetheDOWthisweek?
Oilpricesarelowbecausethesupplyisout
ofcontrol,thosedamnSaudis.....
Hasnothingtodowithplummeting
demand....
Loginorregistertopostcomments

Sat,11/21/201516:18|6822091
AutomaticChoke
dat's'causeeverybodyis
tradingamazongiftcardsthisyear.

http://www.zerohedge.com/news/20151121/globaltradejustsnappedcontainerfreightratesplummet703weeks

5/14

You might also like