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Shanghai Shipping Exchange: Most Route Freight Rates Edge Up Last Week; Mideast Crisis Still Faces High Uncertainty
Last week, Chia's export container transportation market remained sturdy, with freight rates on most routes edging up, lifting the composite index higher, the Shanghai Shipping...
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Shanghai Shipping Exchange: Most Route Freight Rates Edge Up Last Week; Mideast Crisis Still Faces High Uncertainty
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Last week, Chia's export container transportation market remained sturdy, with freight rates on most routes edging up, lifting the composite index higher, the Shanghai Shipping Exchange said in its weekly report.

As of last Friday (8th), the Shanghai Containerized Freight Index (SCFI) stood at 1,954.21, up 2.2% from the previous period.

The report noted that the current military conflict in the Middle East continues under a ceasefire, with the geopolitical situation relatively stable. However, the outlook still faces acute uncertainty.

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