New ConTex still quite stable!

(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.