Due to the market downturn, shipping freight has declined successively. “Five or six years ago, the average shipping price in Taizhou was 40 yuan/ton. At the beginning of this year, the price was around 20-30 yuan/ton, or even lower.†2016 is the shipping market. In an extremely difficult year, the demand for bulk cargo will continue to decline, and the supply of capacity exceeds demand. As the benchmark of the industry, the Baltic index has fallen and dropped. Many shipping companies lament that business is difficult.
     In 2016, the shipping industry has become increasingly poor, and the Baltic Dry Index (BDI), which is known as the barometer of the international dry bulk shipping market, has continued to fall in the first half of the year, hitting a record low.
     "Because of the fierce competition in the shipping and transportation operations of the water transport market in recent years, the current freight rate is a sharp drop from the average freight rate last year." A person in charge of Taizhou Xinghe Shipping Co., Ltd. surnamed Sun revealed that "the current freight rate is really It can't be lower anymore. The real freight rate of the market is sometimes lower than the officially released data. Now, in order to maintain the company's operation and repay the bank loan, some companies and shipowners even run at a loss. It is a day to support one day."
     A domestic bulk carrier, Mr. Dong Sheng, said that when the market was bad, the coal from Qinhuangdao to Shanghai, the freight rate was even less than 20 yuan / ton, and the breakeven price should be maintained at at least 26 yuan / ton, "now run one The voyage will cost more than 100,000."
     It is understood that the current coastal dry bulk shipping market presents a weak pattern. Judging from the price trend of China's coastal (bulk), this year's bulk cargo prices have become irregularly wavy, and have been fluctuating at low levels, with a minimum of 771.01 points. From the Baltic Sea to reflect the global shipping economy      In terms of bulk cargo index (BDI), it fell to 291 points in February this year, setting a new low since August 1986. Although it has rebounded in recent months, it is still far below the shipping breakeven point of 1500 points.
     It is understood that from January to June 2016, the shipping market situation is still grim, the freight rate continues to operate at a low level, and business operations are more difficult. The market is in a downturn, coupled with bank lending and pressure, which has greatly increased the difficulty of business operations, and some enterprises are facing bankruptcy. There are 77 registered enterprises in Taizhou, of which 11 are closed and no-capacity enterprises, and there are still signs of increase.
     Taizhou Shipping Company, a state-owned shipping company that is a veteran of the city, is also facing negative news from many sources. Recently, Zhejiang Communications Investment Group Co., Ltd. (Zhejiang Jiaotou) announced that its wholly-owned subsidiary Zhejiang Shipping Group Co., Ltd. (Zhejiang Shipping) is a subsidiary of Zhejiang Shipping Group Wenzhou Shipping Co., Ltd. (Wenzhou Shipping) and Zhejiang Province. The shipping group Taizhou Shipping Co., Ltd. (Taizhou Shipping) has defaulted on the failure to pay the ship financing lease default, with a total amount of 36.62 million yuan. According to the 2015 financial statements issued by Zhejiang Jiaotong, as of December 31, 2015, the net assets of Wenzhou Shipping and Taizhou Shipping Company were -7.25 million yuan and -47.47 million yuan respectively, all of which were insolvent. People familiar with the matter said that Zhejiang Shipping Group may start debt restructuring within this year.
     According to industry insiders, from the perspective of the development of the market outlook, the future shipping market is not optimistic: First, the global and domestic economic situation is not good, and there is no sign of any improvement. Second, the freight rate continued to be sluggish, the global economic growth expected to ease and the growth of the emerging market economy slowed down, and various unstable factors will cause the freight rate to continue to decline, which further makes the business difficult. Third, the shipping industry has been listed as a high-risk industry by banks. It is easy for the capital chain to break due to the bank's pressure on loans, which will affect the survival of enterprises.
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