The Shanghai Containerized Freight Index (SCFI), unveiled on April 19 by the Shanghai Shipping Exchange (SSE), fell 2.6% from the previous year to 761.74 points.
On the Europe route, the average load factor of vessels leaving Shanghai fluctuated around 90%, but freight rates decreased slightly. Spot rates for services from Shanghai, excluding terminal handling charges (THCs), declined 0.3% to $638 per TEU. To and from the Mediterranean, meanwhile, the average load factor was about 95%, high...
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