Photo: Alexander Kliem - Pixabay
The rise container freight rates continues unabated as the sector continues to battle a capacity crunch, port congestion and supply chain disruption.
The Drewry composite World Container index increased 4% or $344 to $9,330.28 per feu as of 29 July, compared to a week earlier. At the end of June the index stood at $8,399.09 per feu, equating to a rise of close to $1,000 per feu over the last month.
It’s a similar picture for the Shanghai Containerized Freight Index (SCFI) rose to 4,196 points on 30 July up 96.24 point from 4,100 points a week. At the end of June the index stood at 3905.14 points.
Drewry: World Container Index up 4% Over the Past Week | Hellenic Shipping News Worldwide
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Drewry: World Container Index Still Moving Higher, Now 349% Year-on-Year | Hellenic Shipping News Worldwide
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