Shanghai Containerized Freight Index (SCFI) Archives - Page 4 of 4

Ex-Shanghai spot rates rise on major routes

5 August 2019

The Shanghai Containerized Freight Index (SCFI) for the week of July 29 rose 5.3% from the previous week to 830.94 points, the Shanghai Shipping Exchange (SSE) unveiled on Friday.

On the trade route to Europe, this summer’s busy season has set in, increasing container movement. Spot freight rates from Shanghai, which do not include terminal handling charges (THCs), were $806 per TEU, growing 6.9% from a week earlier. On the Mediterranean route, shipping companies are drastically controlling...

https://container-news.com/ex-shanghai-spot-rates-rise-on-major-routes/

JIFFA: SCFI down 2.3%

8 July 2019

The Shanghai Containerized Freight Index for Week 26, unveiled on July 5 by the Shanghai Shipping Exchange (SSE), stood at 810.91 points, down 2.3% from the previous week.

On the Europe trade, transport demand only grew minutely, although the peak season for shipment had already set in. In addition, the deployment of mega container ships led to tonnage oversupply. As such, spot rates for containers from Shanghai, not including terminal handling charges (THCs), were $688 per TEU, down 1.9%....

https://container-news.com/jiffa-scfi-down-2-3/

SCFI dips slightly last week

29 May 2019

Supply-demand picture in China’s containerized export was mixed depending on trade routes and the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI) edged down by 0.3% to a reading of 723.93 last Friday.

Spot rates for containers moving from Shanghai to Europe was $743 per TEU, up 2.8% from the previous week bolstered by a stable transport demand while on the Mediterranean trade, the freight rate moved upward by 2.0% to $710 per TEU.

On the route from Shanghai to North...

https://container-news.com/scfi-dips-slightly-last-week/

Spot rates from Shanghai fall in major routes

20 May 2019

The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI) declined 4.0% to a reading of 726.23 last Friday, May 17, as the short demand prompted shipping lines to move ahead on rate cuttings in most of the trade routes.

Spot rates from Shanghai to Europe fell 5.9% to $723 per TEU while the SCFI from Shanghai to the Mediterranean dipped by 4.1% to $696 per TEU.

Meanwhile, the spot rates on the transpacific trades lost ground last week as well, due to the U.S.’s tariff increases...

https://container-news.com/spot-rates-shanghai-fall/

Shanghai box freight index falls last week

14 May 2019

The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI) fell 2.7 percent to 756.88 last week from the previous Friday’s reading of 778.00 to a reading of 703.67, as increases from Shanghai to the Europe trade was not enough to offset declines from Shanghai to the U.S. trades.

Spot rates from Shanghai to Europe rose 7.1 percent last week, from $717 per TEU to $768 per TEU, while spot rates from Shanghai to the Mediterranean remained roughly flat at $726 per TEU.

Meanwhile,...

https://container-news.com/shanghai-box-freight-index-falls/

Ex-Shanghai container rates slide in general

23 April 2019

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...

https://container-news.com/ex-shanghai-container-rates-slide/

SCFI climbed – Shanghai spot rates mixed

2 April 2019

The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI) climbed 9.0% to a reading of 793.49 last Friday, as the supply-demand picture generally remained stable and shipping lines moved ahead on rate increases.

Spot rates from Shanghai to Europe fell 4.8% to $651 per TEU due to the staggering Brexit situation while spot rates from Shanghai to the Mediterranean dipped slightly by 1.0% to $725 per TEU.

Meanwhile, spot rates from Shanghai to the U.S. West Coast surged 22.3% to...

https://container-news.com/scfi-climbed-shanghai-spot-rates-mixed/

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