(23.1.2020) The situation at the charter market did not change much when compared to last week. Again, the New ConTex decreased by 2 points. Charter rates for feeder vessels with a capacity of 1,100 and 1,700 TEU moved more or less sideways. As fixing activity increased prior to Chinese New Year the 1,100 TEU vessels saw a slight upward movement of 0.2% during this week. However, most operators concluded shorter periods. The evaluation of the 2,700 and 3,500 TEU segments decreased by 0.5% and 0.7% over a period of 12 months, while demand for larger tonnage is still high due to the ongoing scrubber installations.

The demand for more or less all segments is expected to rise when the Chinese New Year festivities are coming to an end and all market participants are back at their desks. 

(20.12.2019) As usual, the activity just before Christmas is lowering and charter hire rates following the trend of the last weeks with a moderate decrease. All size segments are showing on w-o-w as well as on m-o-m basis red prefixes. On average we are talking about minus 0,5% compared to last week, resp. 1,1% less than last month. The contrary is the situation on y-o-y basis: here – with the exception of the 1100 TEU segment, which lost 3,5 % compared to end December 2018, all categories are ending the year 2019 higher compared to their levels one year ago. The Panamax segment is the leader of the list for both evaluated periods (12 and 24 months) with an increase of 36,6% (12) resp. 22,7% (24).  

All after all the New ConTex is ending the year 2019 at 436 points, which is a moderate increase of 24 points with last year December.

(8.11.2019) In another week of relatively quiet trading the New ConTex Index shed two further points and presently stands at 438. The market does seem to have "run out of steam" at the moment. A number of public holidays in various countries last week has no doubt contributed to this recent lethargy.

The smaller feeders are generally holding steady although some weakness was noted in the 1,100 TEUs with the sector being marked down 0.5% on last week. However the principle losses which caused the modest 2 point reduction were in the larger 3,500 and 4,250 TEUs classes with the 24 months rates being marked down 2.1% and 1.4% respectively. The 12 months components were marked down by lesser amounts, 0.4% lower on the previous week's readings in both cases.
Otherwise most sizes are finishing the week with modest increases.

(20.09.2019) This week's New ConTex increased by 2 to 445 index points reflecting the ongoing positive trend for the segments above 2,000 TEU. Owners of tonnage in the segments below this mark still have to accept the persistent stagnation. Rates in the 1,100 & 1,700 TEU segments moved sideways once again as the supply & demand situation remains unbalanced. Backed by a solid number of fixtures recorded in the last weeks, the 2,500 TEU & 2,700 TEU segments registered a further improvement, increasing by 0,9% and resp. 1,5% w-o-w (12 m evaluation). In comparison, the recent fixture volume for the segments above 3,000 TEU is scarce. Taking into account the shortage of supply, this comes at no surprise. Nevertheless, the upward momentum for the 3,500 & 4,250 TEU segments remain alive. Tramp ship owners in the segments above 3,000 TEU are still benefiting from additional demand related to the wave of scrubber retrofits, which reached a new peak this week. According to market sources, a capacity of 465,000 TEU is currently out of service while undergoing scrubber installation at various shipyards.

(13.9.2019) With another 5 points on top of last week’s results, the New ConTex ends this week at a level of 443 points in total. This further improvement of the index is purely supported by the size segments as from 2500 TEU and above. The w-o-w changes for 1100 TEU with -$13 resp. +$2 for the 1700 TEU segment are precisely the same figures as in the week before.

However, this is also again underlining the present trend, i.e. it is only the bigger size tonnage, which is well demanded and consequently able to achieve enjoyable charter hire rates. Best-in-class is also again the 12 months-evaluation for the 3500 TEU vessels, which gained another 2,9% (equals to USD 311,-) and is now at a rate of USD 11.177,-.

The upward trend of the Baby-Panamax segment remains uninterrupted. With healthy evaluations in the USD mid 14K (for both 12 and 24 months evaluations), this segment stands even stronger on a y-o-y basis.

Am 10. September 2019 heißt es „Leinen los“ für alle Schüler, Studierenden und Studienaussteiger, die neugierig auf Ausbildungsberufe in der Schifffahrtsbranche sind. Ab 15:00 Uhr informieren erfahrene Praktiker bei einer Hafenrundfahrt nur für potenzielle Azubis über maritime Berufe und Karrieremöglichkeiten im Seeverkehr. Die BUENOS AIRES sticht vom Anleger Kajen (Hohe Brücke 2) in See. Die Veranstaltung findet in Kooperation mit shift – Hamburgs Programm für Studienaussteiger/innen sowie Hafen Hamburg Marketing e.V. statt. Da die Plätze begrenzt sind, bitten wir um eine Anmeldung per Mail unter info(at) 

(23.08.2019) The positive development in the New ConTex value continued this week with another 1 pct agained and 4 pct month on month, however still around 14 pct less compared to about a year.

It continues to be driven by the larger segments where the lack of general post panamax tonnage force operators to look for smaller and often non-suitable tonnage driving up demand for in particular panamax tonnage which basically has been absorbed for the coming 4-6 months.

In fact the market appear, for once, to move in a rapid pace and the forecasted guidance is actually already below what is being concluded today.

Obviously there is a momentum to drive up demand for the smaller tonnage of 2700 and 3500 TEU, however sofar with very limited success and alternative tonnage options seems to be readily available and thus only a gradual marginal improvement has been seen during the last month and mainly in the AG area whereas other areas has been stable.

Smaller tonnage around 11-1700 TEU seems at best as drifting sideaways and in particular the atlantic side lack a proper demand with prospects being somewhat negative.

(26.7.2019) The New ConTex moved up from last week by further 5 points to finally 411 at then end of this week. Over the last month it's already a rise of 12 points.

The improvement is clearly been driven by the larger segments which is reflected by the Panamax size of 4250 TEU within the index. This size improved in the index evalation during the last week by usd 800 daily which is almost 7%. Over the last month it's actually usd 2.500 per day equalling to almost 25%!

All other sizes shown in the index rather move sidewards.

Looking at the Year-on-Year basis we do also see pretty much the same picture, showing the Panamax segment with a minus of less then 10%, but all other sizes are down by more then 20% upto 26,5%.


(05.07.2019) The charter market developments throughout the different segments did not change much when compared to the last weeks. Again, rates for smaller vessels moved sideways or decreased slightly, while the Baby-Panamaxes continued their positive impulses. The divergent rate movements across the classes offset each other, leaving the New ConTex at 399 points.
For more than 10 weeks now, the index moves in a range between 399 and 402 points. In a month-to-month comparison type 1,100 (-1.0%) and type 2,500 (-0.8%), both basis 12 months period, incurred the biggest declines. Type 3,500 (1.2%) and type 4,250 (5.4%) scored positive results and increased to $8.956 and $9.558 for a period of 12 months. So far, the traditionally calmer summer months had no significant negative impact on the market, and the current situation could continue over the next few weeks.

(21.06.2019) Der Verband Hamburger und Bremer Schiffsmakler, der Bremer Rhederverein sowie die Schiffsmaklervereinigung der Küsten- und Seeschiffsbefrachter e.V. verabschiedeten am 20. Juni 2019 sowie der Verband Hamburger und Bremer Schiffsmakler e.V. die erfolgreichen Auszubildenden der diesjährigen Kammerprüfung zum Sommer 2019 am 20. Juni 2019 im Rahmen einer gemeinsamen Feierstunde im Haus Schütting in Bremen.

In Anerkennung seiner besonderen Leistung als prüfungsbester Absolvent wurde Benn Teschke (Mercmarine Reederei Eugen Friederich GmbH u. Co. KG) im Namen der Verbände mit einem Preisgeld ausgezeichnet. Auf den Plätzen Zwei und Drei folgten Herr Benedikt Mehrings (Cargo Levante Linienagenturen GmbH) sowie Frau Mareike Busch (CSK Cuxhavener Schifffahrtskontor GmbH & Co. KG)

 Wir gratulieren erfolgreichen AbsolvenInnen recht herzlich und wünsche alles Gute für den weiteren Lebensweg!!