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Tags Shanghai Containerized Freight Index (SCFI)

Tag: Shanghai Containerized Freight Index (SCFI)

Freight rates continue global upward trend

Freight rates continue to rise globally due to several factors, such as the container shortage and the economic pull of the United States, according...

SCFI crosses the US$4,000/TEU mark for the first time in history

The Shanghai Containerized Freight Index (SCFI) has exceeded the US$4,000/TEU point for the first time in history on 16 July, reaching 4,054.42 points, marking...

SCFI reaches its highest point

Dynaliners reports that the Shanghai Containterized Freight Index (SCFI) reached its highest value since the index began reporting in 2009. The index reached 1,664.56 on...

Far East-Australia demand pushes rates to levels not seen for a decade

Container freight rates from East Asia to Australia have reached a 10-year high, rising to over US$1,648/TEU as of 9 October 2020, according to...

Container lines on track for US$15bn pandemic windfall

Runaway freight rates in the second and third quarters have had analysts scrambling to re-write doomsayer forecasts published as recently as June to predict...

Shanghai rates fluctuate across the globe

The Shanghai Containerized Freight Index (SCFI) for Week 18 improved 4.2% from the previous week to 852.27 points, according to the Shanghai Shipping Exchange...

Ex-China box rates dwindle in face of Lunar New Year

Freight rates for exporting containers from China fluctuated mildly on many trades in the week of 13 January, as the shipment rush before Lunar...

Carriers’ void sailings boost container spot rates from China

The comprehensive Shanghai Containerized Freight Index (SCFI) improved 7.1% from the previous week to 819.63 points in the week of Nov. 18. As the...

Weak demand drags down spot rates from China

The Shanghai Containerized Freight Index (SCFI) went down 4.8% from the previous week to 797.78 points in the week of Nov. 4, despite the...
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Hapag-Lloyd opens new offices in Morocco

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