Tags Shanghai Containerized Freight Index (SCFI)

Tag: Shanghai Containerized Freight Index (SCFI)

Market panic triggers sharp rate surge

Container News Team - May 14, 2024 0

According to the latest analysis of the shipping consultancy Linerlytica, the market panic over tightening vessel space availability has sent the Shanghai Containerized Freight...

Rates & Surcharges

GRIs fuel container spot prices, reverse the “post-Chinese New Year rate correction”

Container News Team - May 13, 2024 0

The Drewry World Container Index (WCI) reported a 16% increase touching US$3,159 stemming an 11-week phase of decline and stability, led primarily by the...

Rates & Surcharges

SCFI registers two digit jump

Container News Team - November 2, 2023 0

The composite Shanghai Containerized Freight Index (SCFI) closed at 1,012.6 points in Week 43, surging 10.3% from the previous week and remaining on an...

Freight rates lose gains after three weeks

Container News Team - August 22, 2023 0

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...

Blank Sailings

Blanked sailings now the norm

Container News Team - August 16, 2023 0

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...

Rates & Surcharges

Transpacific rates rise on Canadian port strike

Container News Team - July 18, 2023 0

Transpacific container rates went up again when the Shanghai Containerized Freight Index (SCFI) closed on 14 July, as congestion built up in the US...

Rates & Surcharges

Container spot indices stem weekly falls momentarility-but too early to say the bottom is found

Container News Team - July 14, 2023 0

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....

Rates & Surcharges

SCFI rises for first time in four weeks

Container News Team - July 5, 2023 0

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...

Rates & Surcharges

FBX sinks to pre-pandemic levels, SCFI roughens up

Container News Team - June 26, 2023 0

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

Container News Team - June 19, 2023 0

The closure of the past week saw two strings of activities on either side of the globe. The US West Coast Port union strike...

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Tag: Shanghai Containerized Freight Index (SCFI)

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