Freight index rose maritime unit hit bottom "floating"

Since April 2005, the China Ocean shipping the first decline in Cosco shipping once reached as high as 26%, while compared to decline only Prev close 9%, a huge gap. In fact, not only in shipping, in the same ocean shipping industry in the development of the same period in the Sea also reached 38% decrease, even some and ocean transport stock has dropped considerably, such as compared to the decline in the set group reached 37 per cent. So, why let in the secondary market highs, and likened in written by the note of ocean transportation unit vanish?

It should be said that this is reflected in the international freight levels of ocean transportation index. Since China macro slowdown, investment in fixed assets, on the basis of raw materials reduced demand, resulting in a drastic fall in ocean shipping index. The Baltic dry bulk freight price index (BDI) peaked in June this year, has dropped since 6208 to 60%. It is precisely because of this, it causes the Fund have reduced the expected for this type of stock. From their crash frequently appears in gold company as the representative bodies of the seats, it is not excluded that the stock will ship on a large scale.

However, recently, the situation is improving. According to the relevant information is displayed, the Baltic dry bulk freight prices indices from bottom 3 August 1747 points after the rebound, Diario 16 August 2235 points, received two weeks up 27.93% become April index decreased intensity of the strongest since a rebound. Some people expected, due to the appreciation of the renminbi and the rapid decline in stock will make China's recent bulk raw materials imports increase, combined with the fourth quarter of the world grain trade season approaching, it is expected that BDI index will rebound.

For now, our company is engaged in the transportation industry, mainly in the COSCO shipping, offshore development, haisheng, Ningbo sea far away, they will benefit from this first rebound. In addition, and the maritime industry is in a related industry chain port companies, for example, Yantian, Hong Kong on shenchiwan, G, Xiamen port, Tianjin Port, etc., can also be concerned about. We believe that the current is adjusted State background, the maritime sector will become a wire in bright colors.