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Container rates set another record

The SCFI index continues to rise – by 2.7 percent this week.

Photo: Kin Cheung/AP/Ritzau Scanpix

Spot rates on container freight continue to increase and have set another record – the first of its kind since October, shows the Shanghai Containerized Freight Index (SCFI), which measured spot prices on box cargoes from Shanghai to a series of destinations around the world.

This week, the index jumped by 2.7 percent to 4,727.06.

Freight rates have been pressured upward for a longer period due to massive demand combined with global bottlenecks and a undersupply of containers resulting from the Covid-19 pandemic.

During this last year, the SCFI index has increased by 122 percent.

English Edit: Daniel Frank Christensen

Container rates see biggest percentage jump in ten weeks 

Container rates increase marginally 

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