Although and considering the Chinese New Year celebrations are soon approaching the Overall market is rather busy. Unfortunately however

After a very disappointing 2nd half of 2018 the industry during the first weeks of January 2019 has not shown any signs of improvement. Instead

The container market has not started the New Year well for Owners as rateshave been marked sharply down in the first full week of trading.

As usual the activity just before the christmas season is lowering whilst rates are continuing the trend of the last weeks with further moderate

2018 has been a very interesting year during which the New Contex Commentaries varied substantially: From the enthusiastic ones in the

The New ConTex Index has lost another 5 points to stand at 418 a figure lastseen back in January which effectively means all the gains

In general any new demand only benefitting the larger tonnage above 5500 teu whilstthe number of available smaller vessels, with exceptance

ConTex Composite has dropped 4 points to 430 points this week with the 1700 index the biggest mover, falling nearly 2.2% WoW. At the peak

The market trend continues to abate with the New ConTex declining through all segments. Charterers are more and more trying to push the

The New ConTex has fallen to its lowest numbers since February 2018 this week. All segments experienced a decrease in sentiment

This week, the New Contex dropped by 7 points. Although the index is rapidly moving south, the pace of reduction slowed down compared to

The negative trend of the last weeks even acellerated with a 10 points week on week drop being one of the largest ones this year. All segments

The container market scenario remains unchanged – supply side is rising while demand remain limited. Various segments can see oversupply

The New ConTex closed this week at 475 points (-6 w-o-w) following the downward trend of the last weeks and reaching a level last seen in

Despite the expectation that the market could be gaining some momentum in this season of the year, the weakening trend since early