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Shanghai Export Container Freight Index (SCFI)

According to the latest freight rate data of Shanghai Export Container Freight Index (SCFI) released on July 2, the SCFI composite index continued to rise to 3095.14 points last week, up 119 points or 3.2% from the previous period. Shanghai’s export container freight index continues to break a record high. Siphiwe rail tracks in the …

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A number of shipping companies announced rate increases

After the middle of June, a number of shipping companies announced the increase in freight rates! After the middle of June, a number of shipping companies announced the increase in freight rates! Asia and Europe freight rose to $20000. A 10-fold increase over the same period! Global shipping giant Maersk said in an earnings call in …

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The average waiting time for a ship to enter a port is longer

Maersk said that at present, the average waiting time of ships in Los Angeles port and Long Beach port ranges from one week to two weeks. And there are about 40 ships queuing in the two ports. Auckland port ships enter the port and wait longer. Affected by the epidemic “Affected by the epidemic, many …

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