ABO164

[ABO164 @AmitB164]

@JoshYoung Mistake-> $ECOE

[ABO164 @AmitB164]

@JoshYoung $RKH $ECO

[ABO164 @AmitB164]

@FinanceLancelot What’s your opinion about SQQQ? Massive volumes few days ago near the lows…

[ABO164 @AmitB164]

@doryehezkek @mintzmyer @MarketXray 9 ships since when?

[ABO164 @AmitB164]

@ed_fin Isn’t it EURN shares?

[ABO164 @AmitB164]

@ed_fin @LloydsList Hoped you could. I can’t neither, but the title and subtitle suggest… did you hear any evidence that supports this? I didn’t…

[ABO164 @AmitB164]

@ed_fin @Splash_247 They should do it. Operating expenses are 2/3 of total. Carrier’s cash on hand should provide some peace of mind for them. That would be well worth the fix cost loss to save the rates (and will set the contracts for asia-pacific for 2023)

[ABO164 @AmitB164]

@waldsim121 @ed_fin Pure genius in gifs

[ABO164 @AmitB164]

@CameronWalkerSZ @FreightAlley Remind me who sends cargo to LA/LB these days?
Everything related to LA/LB ports is irrelevant. You can get the cargo to the port, but try to take it out of there as tens of thousands boxes are waiting to be picked up by train/trucks…

[ABO164 @AmitB164]

@zapateroto @ed_fin @mintzmyer you can see the difference here, when contracts kick in- SCFI goes dowm CCFI goes up.
I can elaborate more specificly on $zim, but I think I said enough...

[ABO164 @AmitB164]

@zapateroto @ed_fin @mintzmyer you will not see it in the indices, because they don't include contracted cargo. the CCFI index does include contracts, and therefore represents the truth.
see John D MacCown article on the matter- https://t.co/4hNVZq1QbF. very informative.

[ABO164 @AmitB164]

@zapateroto @ed_fin @mintzmyer on contract, and if you'll pay attention you will se that the steep decline in spot rates started mid april- 2 weeks befor new contracts kicked in for the pacific rout. so the decline in spot offset in a great deal by contract.

[ABO164 @AmitB164]

@zapateroto @ed_fin @mintzmyer I'll answer #2 first because it's more important. In reality there is a blend of spot\contracted rates, so the fluctuations are milder. The spot market doesnt represent the real avg rate per TEU that the company see. The shipping sector is leaning heavily

[ABO164 @AmitB164]

@shmulik200 Conversation with the company. But don’t take my word- just try to order a freight from shanghai to LA/LB and see for yourself. When I tried (2 months ago) I couldn’t.

[ABO164 @AmitB164]

@ed_fin @mintzmyer Check the weight of USEC in the SCFI and FBX (unknown) and you’ll see the distortion. USWC is 20% of the index while USEC is only 7.5%. Analysts should look at the CCFI (which represent apot&contracted rates) and see the real picture. We are in for a record year in my view.

[ABO164 @AmitB164]

@ed_fin @mintzmyer $ZIM is misunderstood and missed priced. Spot rates for the USWC doesn’t represent the reality as cargoes barely ship there the last 3 months. The company trimmed its service from 3 lines to 1, while boosting capacity to USEC where rates are insanely high. Indexes are misguiding