Tag: sea freight

• Saturday, December 3rd 2022 - 13:00 UTC

  Shanghai Freight Index shows that rates this month will be at pre Covid-19 pandemic level and sliding

  

  Further slides in the Shanghai Containerized Freight Index (SCFI) are continuing, and it is expected that by mid December, freight levels will be at pre-pandemic levels. Last 18 November SCFI stood at 1,307 points, plunging 74% from an all-time high of 5,110 points on 7 January, and bringing the index near the 1,000 points seen in January 2020, just before the Covid-19 crisis erupted.

• Monday, January 11th 2021 - 08:34 UTC

  China/Brazil sea freight prices soar, almost five times higher than six months ago

  

  Sea freight on the China-Brazil route has soared and reached an unprecedented US$ 10,000 per TEU, according to importers and shipping companies operating in the port of Santos.