A., the world's second largest container shipping companyp.Muller-Maersk is preparing to resume Red Sea shipping as a result of the new multinational maritime task force that will protect ships from Yemen's Houthi attacks, the company said the company is in the latest move.
As of 24 December, we have received confirmation that the previously announced Prosperity Guardian multinational security initiative has been established and deployed through the Red Sea, the Gulf of Aden**, and the Suez Canal can be reopened as a gateway to Asia and Europe. "With the implementation of the Prosperity Defender initiative, we are preparing to allow ships to resume navigation through the Red Sea in both directions to the east and west." ”
After the news was released, the European line of container shipping rose and fell, and finally ended the trend of 5 consecutive price limits, and finally *** in the day
With the resumption of shipping, there is a risk of a rapid decline in the European line in the short term, and the trend may fall sharply in a short period of time.
Company Perspectives
Green Dahua**:
Affected by the Red Sea crisis, global shipping giants have suspended or diverted sailings. In addition, a number of container companies, including CMA CGM, Maersk, Hapag-Lloyd, etc., announced the imposition of Europe-related Red Sea surcharges, and the cost of shipping from Shanghai to Europe further increased. From Shanghai to Europe, around the Cape of Good Hope, the shipping distance will increase by about 4,000 kilometers, and the time will be about 10 days longer. After the continuous rise of the European line, the container transport European line has been far from the premium, and the risk has gradually accumulated.
The Shanghai Export Container Settlement Freight Index was released today, and the index is expected to be lower than last Friday's market**. On the whole, the risk of high futures price is greater.