Along with the fourth quarter of holiday sales season, the market demand hasten heat, ship orders increased, plus the shipping company to slash capacity measures effective, global shipping industry boom index Baltic Dry Index ( BDI ) recently rebounded, even trying to shock the 1000-point mark. BDI in September 12th to 661 this year, compared to 1624 high point plummeted 60%. Analytic personage points out, the global shipping industry decline has been slowing down, but foreground still nots allow hopeful.

Analytic personage thinks, because the United States in the third round of quantitative easing, the European Central Bank to launch an unlimited amount of bond purchase plan, Japan once again to relax monetary policy, global mobility, into the late October, commodity volume begins to pick up, to ease the BDI since this year big or the trend, dry bulk cargo and tanker market is expected to continue the seasonal rebound. But the fourth quarter price rise space is still limited, the industry still faces some pressure losses overall, this year the global shipping industry overall is still in the balance point of profit and loss of struggling on the brink.

Although in the past few weeks in the Atlantic and Pacific shipping situation improved, with only a small amount of ships receive orders, but the majority of owners to recognize pick-up is temporary, especially because iron ore accounted for about Cape-based ship transport supply 1/3, recent rally is driven by restocking rather than fundamental improvement. In the long run, there are still many influence factors such as freight rates rise, steel production slowed, emerging market countries demand uncertainty, the iron ore price glides wait.

As a result of the European debt crisis has not solved, the EU consumer confidence index continued to fall, the Eurasian route volume the lack of substantial growth dynamic. At the same time, along with the Christmas goods shipped to the end, the United States airline market is about to enter the off-season, the market volume will likely have a seasonal drop posture, together with the United States the trend of trade protectionism, all exports to the United States will has obvious difference. All these factors will lead to market demand slowdown, transport power to the contradiction of supply exceeding demand will continue to expand.

According to the world 's largest shipping broker Clarkson report, shipping market is still in a state of pile up in excess of requirement. The first 9 months of this year a total of 1955 new ships water service, carrying a total of 12.47 tons. It makes many owners to consider not only cut more length of service longer vessel, but also includes some relatively new cargo ship. Clarkson reported that, as of September this year, the global commercial vessel dismantling number has surpassed the previous record set in 1985. To this year in September, a total of 960 ships were sold to dismantling the company, these vessels are accumulated load weighing 44100000 tons, to the end of this year is expected to rise to 57000000 tons, and in 1985 the record is 42600000 tons.

Capacity expansion of oversupply contradictions to the freight dropped. The Baltic Exchange evaluation revealed, Saudi Arabia to Japan 's oil transport reference routes daily average $4252 loss. Panama container ships are also under pressure drop, rent levels below US $10000 / day. Now, flexible lease contract become mainstream, Mediterranean type of ship in the city rent is very active on several ships, 2500 international standard box to 2700 international standard box unit vessels lease for a term of 6 months contract, rent unification for $6500 / day. The analysis thinks, because the owners had to let the boat to keep the business, if the shipowner disposable seeking rental ships to a rented home will reduce the rent.

In order to cope with the current management predicament, some shipping companies hope to increase the long-term future freight agreement bargaining chips, part increases in every international standard box unit of around $500. Some companies even launched ahead of planned capacity cuts, following the industry leading shipping revealed on November to cut 10% to 20% capacity, G6 Union and the CKYH also announced a cut of 10% Asia-Europe routes capacity. If these shipping companies to further reduce capacity, Eurasian route freight is still expected to rise.