New ConTex +1,6%

(25.9.2020) Whilst the weekly figures are still in positive territory, with only the 5700 TEU segment taking a small breather with a very slight negative movement of -0,1%, the general tendency of last week, whereby the month-on-month numbers showing a stronger growth than the weekly figures, is being replicated. The New ConTex has moved up by 1,6% this week, which is basically in line with the Year-on-Year trend. Strongest performer this week was the 1700 TEU segment.  Given the lack of available tonnage in most areas as well as due to further strong cargo volumes, the general positive trend can expected to continue for the time being. Demand should be further supported by a few new services being opened and new trade link opening as a result of the agreements between Israel and the UAE.