BDI ( Baltic Dry Index ) station on 1000 points, mediterranean shipping, shipping, COSCO and other domestic and foreign shipping magnate announced price increases, but this does not make the industry spread brow.

" The shipping industry is facing a grim situation, our company has put most of transport power off." On day 21, big Xinhua logistics ( Qingdao) limited liability company business department head Zhang Wenqiang on Economic Herald reporters.

Qingdao Shipowners Association Secretary-General Wang Junyao told the Herald reporter," the world last year almost all losses of shipping company. So far this year, also did not see much hope. The current rebound just shipping company cut capacity after a brief rebound. Macro economic situation, the capacity is serious and superfluous, industry prospects for the future are still fuzzy."

BDI station on 1000 points, still bottom

In 20, BDI continued for more than two months the rebound trend, rising 39 points to 1067 points, following the first two trading days to maintain in1000above. In addition to BDI, container shipping price has been warmer, mediterranean shipping, shipping, COSCO, giant announced in May 1st, will continue to increase cargo price, the average rate of increase slightly over $400/ TEU. But it is still at the bottom of. " BDI is a bulk cargo shipping price index, which reflects the situation of international trade. BDI last year from December around 1900to fall to 2 this year, fell to the lowest point at the beginning of647, a record in 2008the international financial crisis since the lowest point in history, but before the crisis, BDI Ceng Gaoda more than 11000 points. Container freight has a big rebound, but also just hovering at the bottom." Wang Junyao said.

Wang Junyao says, since last year, the international shipping market has exceeded the time after the international financial crisis.

" After the crisis, shipping market gets very big impact. But at a time when many shipping companies have thought preparation, in shock before capacity reductions, the impact dropped to a lower level. At the time of crisis is to determine " V" shape, that economy will rebound quickly after the crisis. After a period of time, economy is considerably improved, the shipping company transport power have also recovered, plus two new capacity is larger, last year the international economic situation remains in the doldrums, shipping market unprepared, therefore subject to greater impact."

Zhang Wenqiang to the Herald reporter said, because the market situation, the company last year Ocean plate huge losses, has stopped up the majority of routes. " And it's not big Xinhua logistics a situation, each shipping company last year are presented the large amount loss."

WIND statistical data shows, up to this month 8 days, A-share market as A shipping section a total of9 listed companies released annual report 2011,9 listed companies in 2011were achieving attributable to shareholders of listed companies net profit - 11700000000 yuan, profit13250000000 yuan in 2010. Among them, dry bulk cargo fleet world ranked first in China's ocean losses of10400000000 yuan, is expected to become the2011 A shares" loss of champions".

The excess capacity, the rally could continue?

" We have to BDI for more than 10 years tracking, it and economic relevance is very strong, is a leading indicator." Dalian Maritime University, director of Institute of economy of world of the Herald reporter Liu Bin. Then the BDI index rebounded, it indicates the economic situation in the future or better?" The BDI rose only short-term oversold bounce, macroscopical economy the trend of the future is still facing the European debt crisis, the economy is weak wait for adverse element." He said.

Wang Junyao also expressed concern," the industry of macroscopical economic situation is not very good, the price rebound, mainly large companies take the initiative to reduce excess capacity results, it is still hovering at the bottom, continued to rise can not determine."

Shipping market transport power is surplus is the consensus of the industry. Liu Bin said, nearly two years the international shipping market capacity increase, the international financial crisis before many company built the ship, the two are put into production. In addition to a number of Bulk Cargo shippers, such as the Brazil vale have built large freighters, forms the very big impact on the market. " From the point of before this year two months, China 's iron ore and other bulk bulk import volume is very large, there is no decline compared with last year, why the BDI index did not rise, also a record low since the international financial crisis? Is the main reason for new capacity is large, serious excess capacity."

In the capacity of the overall excess background, some of the world's biggest capacity cuts let market has warmed up, but as a result of macroscopical economic situation is depressed, the industry situation is still grim. Zhang Wenqiang called on the industry more unity," the capacity to appropriate control, to avoid the vicious competition in the industry, so as to reverse the overall losses."

Notable is, in addition to shipping company operating the slump, import and export business day does not feel better. " Although this round of rising sea freight is a restorative increases, but have to import and export enterprise under great pressure. For many import and export enterprises, labor costs, raw material costs are rising, funds chain, profit is very thin, freight up enterprises can't do. I contacted some of the import and export enterprises, nearly a few months shipments dropped, some even directly no business." Qingdao speed air international freight forwarders Limited Business Manager Li to Herald reporter said.

Foreign trade enterprises are faced with the dilemma, restricted the further rise of freight. " Foreign trade enterprises and shipping companies have a balance point, perhaps before shipping fee is too low, the shipping company loss is severe; but if the shipping fee to continue to rise, the foreign trade volume of business enterprises will decline further, so that the carriage down. Therefore, shipping fee this rally has not much space."