Q4 & FY 2023 Financial Highlights
Q4 & FY 2023 highlights
Financial highlights
2024 guidance
Market update
Summary
The Red Sea Crisis: a "Wild Card"; Sustained Impact on Rates - Uncertain
No. of Ships
500
400
300
200
100
Containerships diverted from Suez and Panama
Canals to Cape
Route
0
13 Dec
06 Dec
29 Nov
22 Nov
15 Nov
08 Nov
Οι Νον
21 Feb
14 Feb
07 Feb
31 Jan
24 Jan
17 Jan
10 Jan
03 Jan
27 Dec
20 Dec
Note: Ships
are
included in the Cape route count only when
Suez routing and are removed when they return to the regular route.
they deviate from the normal
14
Source: Linerlytica, Market Pulse, Issue 2024-09, 26 February 2024
****
***
ZIM
6,000
Shanghai Containerized Freight Index
400%
350%
5,000
300%
250%
4,000
200%
150%
3,000
100%
50%
2,000
0%
-50%
-100%
5.50
5.00
4.50
4.00
3.50
3.00
2.50
2.00
1.50
Capacity in TEU Millions
SCFI (16 Oct 2009-1000)
1.00
1,000
0.50
0.00
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Comprehensive Index
Source: SCFI
-YoY Change %
-150%View entire presentation