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Sunday, February 16, 2025
Tags Shanghai Containerised Freight Index (SCFI)

Tag: Shanghai Containerised Freight Index (SCFI)

Rapid rate declines expected in February

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...

Futures show more downside to freight rates in 2025

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...

SCFI soars 40% on growing Cape detours

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

CCFI down for six weeks running, SCFI increases

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...

SCFI rises for second consecutive week as North America rates increase

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...

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

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

Global Freight Monitor: Losing steam but hope remains

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...

Global Freight Monitor: Container freight rates hit a speed bump

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...

Shanghai Composite Index falls into triple digits

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...

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

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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