News
Freight rates for services exporting containers from China continued robust last week making containerships fully loaded. The Shanghai Shipping Exchange （SSE） reported the China Containerized Freight Index （CCFI） was 924.25 points, going up slightly by 0.4% from a week earlier, while the Shanghai Containerized Freight Index （SCFI） was 982.56 points, up 0.2% on the previous week.
With containerships destined to Europe all fully loaded, the market rates （seaborne freight rates and various charges） were $737 per TEU for services from Shanghai to Europe, up 0.5% and $779 per TEU for those to the Mediterranean, up 0.9%.
On the North America trade, the CCFIs were 910.86 points for services bound for the west coast, up 2.1% and 1,123.37 points for those for the east coast, up 0.8%.
Container trade between Japan and China remained stable, and the average load factor for vessels from Shanghai to Japan was over 85%. The CCFI, however, fell by 2.3% to 756.85 points for services from China to Japan.
