May 2023 Ocean Freight Market Pulse

Abstract

In May’s customer-exclusive webinar, our hosts dive into critical trends in the current ocean freight market, engaging industry-leader Lars Jensen, CEO & Partner at Vespucci Maritime to share his perspective. Lars Jensen is also a Partner & CCO at LinerGrid and has previously worked as Director at LinerGame. Combining his world-renowned insight and market predictions with Xeneta data on market movements in the last 6-12 months, attendees will walk away with actionable insight on balancing service levels and pricing, and how to gain a competitive advantage in this market.  

Timestamp

• 0:00:00 – 0:02:45 Introduction
• 0:02:45 – 0:05:48 Do We Have a Price War?
• 00:05:48 – 0:11:18 Rate Consolidation and Pre-Covid Levels
• 0:11:18 – 0:14:51 Capacity in 2023/2024
• 0:14:51 – 0:19:00 Increased Capacity - Slow Steaming
• 0:19:00 – 0:21:48 Is Nearshoring Causing Global Demand to Drop Sharply?
• 0:21:48 – 0:23:00 Audience Reshoring Poll
• 0:23:00 – 0:27:28 Exports Ex-Asia
• 0:27:28 – 0:27:37 Will the Market Crash in 2nd Half of 2023?
• 0:27:37 – 0:32:59 Audience Market Outlook Poll
• 0:32:59 – 0:33:47 Are the Alliances Breaking Up?
• 0:33:47 – 0:37:40 A Changing Picture
• 0:37:40 – 0:38:43 How Should Shippers Think About Their Engagements for 2nd Half of 2023?
• 0:38:43 – 0:45:35 Market Resilience

Presentation