August 30, Shanghai Shipping Exchange, Shanghai exported container freight index closed at 1109 points, down 4.6 percent from the previous month. Which the European line $ 1,183 / 20 ft containers (TEU), down 21.2% America West $ 1,965 / 40 foot container (FEU), down 5%.

Following the July export growth rate both from negative to positive, the continuation of China's foreign trade in August mild warming trend. Customs statistics show that in August, China's exports of 190.73 billion U.S. dollars, an increase of 7.2%, higher than the 2.1 percent increase the previous month. But the port's container throughput has not been enlarged, according to the Ministry data show that in August of above-scale port container throughput 16.38 million TEU, an increase of 6.6% compared to July growth rate slowed 2.6 percentage points.

Because port container growth is less than expected, coupled with numerous previous season full of expectations for the shipping companies, the capacity control is relatively relaxed, especially large boats have been put into the market, the capacity and demand in a weak state of equilibrium, liner companies is more difficult to achieve the target price . August price increase has not yet firm, began in mid-turn down, despite Composite Index rebounded late, but still the previous month decreased by about 5%. July is the peak season prices are not effectively extend, Shanghai starting 15 major freight routes up and down, but the mainstream routes without a rise, especially in Europe fell in line more than 20 percent, growth has been relatively stable line of the Americas also there are different degrees of decline. Since the off-season coupled with the capacity to relax, Australia and New Line average space utilization has dropped to below 70%, part of the voyage freight rates have been as low as $ 350 / TEU, at historically low levels. Overall, the August high season prices far better than expected, nor the level of last year.

Into the second quarter, affected by the capacity of supply and demand, peak season surcharge hard landing, tariffs rise is limited. Several shipping companies have been the first half of the loss of semi-annual report released in the third quarter of the season market is directly related to the overall situation of the liner company's ability to turnaround, September is the last month of the season, liner companies face final exams. Fortunately, the current is still in the traditional peak season, October National Day Golden Week draws near, holiday shippers have to rush at the factory before shipment focus, coupled with the steady rise of the national economy has signs of growth in exports, or to be brought before the holiday wave of small climax, and stimulate freight prices. For this reason, many shipping companies have recently introduced price increases planned over the next two months, hoping to reverse through substantial price increases in the first half of the loss. However, due to the volume of this year's season is relatively stable, there has been no significant increase in market fiery extent than in previous years, coupled with the launching of large vessels continues, we must continue to push up freight rates substantially more difficult, unless pre-holiday volume over expected growth, otherwise the market is likely to export season curtain call in advance.

BDI ore freight rates soaring two-year high

August 30, the dry bulk wave Exchange closed at 1,132 points, up 6.6 percent from the previous month. Which Capesize 2243 points, up 19.2% Panamax 907 points, down 14.2 percent Supramax vessel 909 points, up 3%.

After finishing a slight pullback in July, a strong rebound in Capesize under tariff August to resume its rally, the Baltic Freight Index (BDI) reached 1169 points, a record high of nearly two years. Since early June since rebounded, BDI has 3 consecutive months to stabilize at a thousand points above show thousands of points near the strong support. After half a year-long recession, the market began to bottom out, perhaps the international dry bulk shipping market 's most difficult period is over, but the recovery has yet to be further accelerated small boat to pick up.

August to promote integrated tariff remains the main driver of rising from Capesize by Chinese ore demand increased significantly positive, its four routes average rental return $ 15,000, of which the maximum weight of the Pacific (601,099, stock it) round-trip voyage rent up to $ 19,000 to start Ben " 2" , the strong characteristics are very prominent. Small boat rally is relatively weak, which Handymax freight continued steady modest growth, and its six routes average rent of $ 9,819, compared with the previous month rose 2.9 percent, exceeded the million is only a matter of time. The only outdated Panamanian ship, its four routes average rent of $ 7,214, representing a 14% decline in the previous month, the Atlantic Ocean (600,558, stock it) roundtrip airline rents decrease up to 30%, dragging down the entire maritime market. From a regional analysis, as overwhelmed by the Chinese imports of iron ore prices driven, so the Pacific regional market to be significantly stronger in the Atlantic region. The end of August and from the Pacific voyage rent of $ 18,000, compared with the previous month, up 44% while the trans-Atlantic round-trip rentals only $ 13,000, compared with a 10% drop the previous month. Panamax, Handymax's performance is also very similar, still better than Atlantic Pacific region.

China imported iron ore to make large-scale demand for Capesize blowout, once again the achievements of the international dry bulk shipping market. But did not give extraordinary increase pressure on inventory, inventory does not increase declined. As of the end of August, the number of port stocks 74.75 million tons, down 530,000 tons compared to the end of June, indicating that the recent steel enterprises demand for imported ore tremendous energy. As the international iron ore price has risen to relatively high, three miners will ship internationally strong demand for Capesize vessels caused tension. The nickel ore transport an anti flagging this year's downturn, the market for the Indonesian government to ban the export of nickel ore market rumors detonated. Nickel soaring freight rates led Asia Handymax market rents overall rise.

Coastal freight coal plants end speculation strong rebound

August 30, the Shanghai Stock Exchange issued a coastal coal freight index closed at 860 points, compared with the previous month increased by 46%. Which Qinhuangdao to Shanghai, Guangzhou and coal freight were 37.6 yuan / ton, 43.7 yuan / ton, respectively, compared with the previous month increased by 57%, 30.8%.

Coastal shipping market experienced a year of silence ushered in the explosive rally. As of September 6, the mainstream routes Qinhuangdao - Shanghai coal freight rates exceeded 40 yuan mark, representing the end of July rose by 70%, the big rebound are unprecedented. Qinhuangdao anchorage and other moored ships along with a substantial increase in capacity demand, freight back to profitability.

This year's performance uncharacteristically coastal freight. " Summer peak" is not too much to boost coastal freight, Qinhuangdao - Shanghai minimum tariff was close to 20 million. With the " summer peak" coming to an end, demand for coal should be cool, tariffs difficult to rise, while the market unexpectedly strong rebound in the normal manner. The reason, in addition to pre-rational pullback low tariffs, the main domestic coal prices makes imported coal price surges lost price advantage. The plants affected by coal, favorable tariffs significantly reduced, domestic coal market is supply and booming momentum. However, the seasonal pattern of view, as the weather turns cooler, coal demand is getting into the off-season, such as the absence of exceptional circumstances, the coal consumption dropped a foregone conclusion.