Tags Shanghai Containerized Freight Index (SCFI)
Tag: Shanghai Containerized Freight Index (SCFI)
Freight rates lose gains after three weeks
Long-haul freight rates have given way to the lack of capacity discipline, as the Shanghai Containerized Freight Index (SCFI) lost ground after three weeks...
Blanked sailings now the norm
Blanked Asia-Europe sailings have become expected in liner operators' routines, according to Alphaliner's latest report today (16 August).Record newbuilding deliveries have made operators reduce...
Transpacific rates rise on Canadian port strike
Transpacific container rates went up again when the Shanghai Containerized Freight Index (SCFI) closed on 14 July, as congestion built up in the US...
Container spot indices stem weekly falls momentarility-but too early to say the bottom is found
The Shanghai Containerized Freight Index (SCFI) put a strong weekly reversal to end at 979 points, an appreciation of 5.1% on a weekly basis....
SCFI rises for first time in four weeks
Shanghai Shipping Exchange (SSE) reported that the composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26.More specifically, rising 3.2% from...
FBX sinks to pre-pandemic levels, SCFI roughens up
The Freightos Baltic Index (FBX) sunk to US$1,297 breaching the psychological mark of US$1,300 on the downside as per the latest quote on 23...
US West Coast port deal eases strike tensions as SCFI and FBX indices follow WCI
The closure of the past week saw two strings of activities on either side of the globe. The US West Coast Port union strike...
Mild uptick in SCFI in six months
Market sentiment turned positive for the first time since September 2022, as the Shanghai Containerized Freight Index (SCFI) recovered mildly in the week ended...
Spot rates for Shanghai container exports fall on all routes
Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments.According to the Shanghai...
SCFI crumbles to 30-month low, nears pre-pandemic levels
The Shanghai Containerized Freight Index (SCFI) took a 2% tumble to settle at US$1,031.42, its lowest-ever quote since July 2020, settling just a tad...
- Advertisment -
Most Read
Port of Liverpool’s container division to commence redundancy consultations
Following a "sustained and significant deterioration" in container volumes at the port, the Port of Liverpool will commence redundancy consultations with workers in its container...
Singapore is top maritime centre for 10th consecutive year
Singapore is ranked the top maritime centre in the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report for the tenth consecutive year.The report, published...
The Advantages of Geomembrane in Environmental Protection
As sustainability becomes a priority, more attention is turning to geomembrane for environmental safeguarding applications. Geomembranes are large impermeable sheets made of materials like polyvinyl...
SITC International spends over US$100 million buying ships and containers from associate
SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, said on 21 September that it will spend over US$100...
