EC2502 continued to move in a narrow range while longer-dated contracts
declined. All three ships that left the Far East yesterday (17 Dec) reported
very high utilization. Among them, MSC ALEXANDRA from MSC's Britannia service
achieved 104% utilization, compared to only 94% in its last westbound voyage in
July.
Liners appear tentative about pushing for further freight rate increases, with
Maersk and MSC setting the tone. Maersk has yet to publish its quotation for
January, while MSC is quoting