Thu, 03 Sep 2020 21:00:58 +0000

The composite index of the Shanghai Containerized Freight Index (SCFI) jumped to its highest level since September 2012, reaching 1,263.26 on 28 August, and representing a 54.4% increase from 24 April when the SCFI was at its lowest point this year. The Shanghai to US coasts routes are behind the biggest increase in freight rates. …

 

Full article: https://www.hellenicshippingnews.com/shanghai-container-spot-rate-index-hits-8-year-high/