Lates News

This week, the Chinese export container shipping market fell slightly as transport demand weakened slightly before the short holiday. Most routes saw a decrease in freight rates, dragging down the composite index. The Europe route saw transportation demand remain stable before the holiday, with the market prices slightly decreasing. The North America route continued to have low transportation demand, with the market continuing to regulate capacity and booking prices slightly increasing. The Persian Gulf route showed weak transportation demand, with booking prices continuing to decline. The Australia-New Zealand route lacked further growth in demand for various goods, leading to a continued decline in market prices. The South America route saw weak growth in transportation demand, leading to a decrease in booking prices in the short term (Shanghai Shipping Exchange).