Containership report August 2021

The global XSI ® increased by a modest 2.2% in August to 204.89 points. The month-on-month gain was much lower than the figure of 28.1% reported in July. However, year-over-year the index is up 85.5% and has risen by 80.3% since the end of 2020. While the increase in August was comparatively low compared to previous months, the index has reached yet another alltime high, with further gains not out of the question in the months ahead. 

The monthly containership report discusses recent containership freight rate movements and market developments. Brought to you by Xeneta. 

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Peter Sand
in Copenhagen, DK

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