Tags Shanghai Containerised Freight Index (SCFI)

Tag: Shanghai Containerised Freight Index (SCFI)

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Rapid rate declines expected in February

Container News Team - January 14, 2025 0

Vespucci Maritime CEO Lars Jensen said in a Baltic Exchange report that the alliance reshuffling is expected to result in short-term overcapacity in February. This...

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Futures show more downside to freight rates in 2025

Container News Team - August 6, 2024 0

Shanghai container futures trades suggest that Asia-Europe freight rates could fall further in 2025, after appearing to have peaked now. On 5 August, the index...

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SCFI soars 40% on growing Cape detours

Ioanna Kontos - January 3, 2024 0

The Shanghai Containerised Freight Index surged by 40% on 29 December 2023, as liner operators hiked rates in response to the capacity crunch resulting...

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CCFI down for six weeks running, SCFI increases

Container News Team - October 31, 2023 0

The composite China Containerized Freight Index (CCFI) stood at 811.5 points in Week 43, which fell 0.7% from the previous week and has kept...

Rates & Surcharges

SCFI rises for second consecutive week as North America rates increase

Ioanna Kontos - August 9, 2023 0

According to the Shanghai Shipping Exchange (SSE), the Shanghai Containerized Freight Index (SCFI) increased 1% from the previous week to 1,039.32 points, continuing a...

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SCFI drops again as Transpacific overcapacity overrides labour disruptions, Panama Canal limits

Container News Team - June 13, 2023 0

The Shanghai Containerised Freight Index (SCFI) slipped again on 9 June as weak utilisation on the Transpacific saw liner operators cutting rates on both...

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Global Freight Monitor: Losing steam but hope remains

Ioanna Kontos - May 9, 2023 0

The Shanghai Containerised Freight Index (SCFI) steadied and posted a 0.1% w-o-w decline, while China Containerized Freight Index (CCFI) was up 0.3% and World...

Industry Opinions

Global Freight Monitor: Container freight rates hit a speed bump

Container News Team - May 2, 2023 0

The Shanghai Containerised Freight Index (SCFI) turned negative following four weeks of stable or rising rates: SCFI dropped 3.6% week over week after four...

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Shanghai Composite Index falls into triple digits

Ioanna Kontos - February 10, 2023 0

The Shanghai Containerized Freight Index (SCFI) issued after Chinese New Year 2023 saw the index fall into the triple digits, closing at US$995 for...

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Shanghai Composite Index hit three year low as spot rates register minor fall

Container News Team - February 3, 2023 0

The Shanghai Containerized Freight Index (SCFI) succumbed to a three year low, depreciating 2.3% this week to end at US$1,006, just a tad above...

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Tag: Shanghai Containerised Freight Index (SCFI)

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