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NewConTex Index and Container Ship Charter Rate Analysis Report | April 10, 2025

Tehran – April 10, 2025
According to the latest data published by VHBS e.V., the NewConTex index has followed a moderate upward trend, rising from 1,433 points on March 13, 2025, to 1,480 points on April 10, 2025. This 3.3% increase in less than a month indicates a gradual recovery in the container ship charter market, likely driven by spring cargo flows and capacity adjustments following reduced activity during the Chinese New Year.

Analysis by Vessel Size

In the small vessel segment (1,100–1,700 TEU), charter rate growth has mainly been driven by increased regional demand in Europe and the Mediterranean. The charter rate for 1,100 TEU vessels (6-month period) has reached USD 16,320 per day, reflecting a 1.9% monthly and an impressive 71.8% annual increase. Meanwhile, 1,700 TEU vessels saw a 0.7% rise over the past month and a 104.1% increase year-on-year.

In the medium-sized segment (2,500–2,700 TEU), the highest monthly growth rates were observed. Notably, 2,500 TEU vessels recorded a 4.5% increase, reaching USD 33,855 per day. This reflects strong demand for flexible services in semi-liner trades and specific East Asian routes.

Larger vessels (3,500+ TEU) have shown relatively stable or even declining trends. For example, the charter rate for 4,250 TEU vessels remained unchanged from the previous month, holding steady at USD 52,340 per day. This stagnation may be due to capacity saturation on long-haul routes or a cautious approach driven by geopolitical risk.

Key Market Highlights

• Rising demand for medium-sized vessels: The 2,500–2,700 TEU segment has seen significant growth, indicating strong demand for flexible and semi-liner services.
• Stability among larger vessels: Relative rate stability in the 3,500+ TEU segment may reflect market saturation or reduced exposure in high-risk trade lanes.
• Geopolitical factors: Recent political tensions have influenced chartering strategies, prompting some owners to prefer long-term contracts (up to 24 months) over short-term deals.

Market Outlook

In the short term, continued recovery is expected in the small and medium vessel segments, particularly in regions with strong local demand. In the long term, stability in the large vessel segment is anticipated—unless major shifts occur in the global supply chain or trade patterns.

Disclaimer

This report is for informational purposes only and should not be construed as financial or investment advice. The data is sourced from reliable market references, and any use of this information is at the user’s own discretion.

Source: © VHBS e.V.