NYSHEX Volumes Grow 2.5X in 2020

According to a Drewry survey conducted in April, as many as 10% of North American exports and 20% of Asian exports were rolled this year, impacting over 83% of shippers. During  that same period, record volatility, and a shrinking market, NYSHEX posted our highest volumes and plummeting default cases.

Highlights:
-Over 41,800 TEUs were contracted in Q2, up from 28,000 in Q1.
-For NYSHEX contracts, carriers defaulted 0.6%.
-Shippers only defaulted 0.1%.

NYSHEX Q2 2020 Growth
Imagine where the industry could go if we could reduce 20% rollings down to 0.7% overall!

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