ShippingWatch

Container rates decrease for second week in a row

On an annual basis, container freight rates have increased by 76.1 percent, according to SCFI.

Photo: PR / Hapag-Lloyd

Spot rates on container freight decrease for the second week in a row from the record level of 2022’s first week, shows the Shanghai Containerized Freight Index (SCFI), which measures spot prices on container freight from Shanghai to a number global destinations.

The index has decreased by 0.8 percent to 5,053.12 following a decline of 0.3 percent last week.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HMM doubled revenue in Q1

South Korean container line HMM follows the trend of European competitors, which have already presented their first-quarter financials. Revenue doubled in a significant surge.

Further reading

Related articles

Latest news

See all jobs