Freight rates on European and American routes rise
Since July, sea freight prices in the United States have jumped several times, followed closely by Europe. Data shows that on July 28, the freight rate from Shanghai to Europe surged by more than 30%, and the freight rate in the Western United States rose by 10.1% (the entire July increase reached 38%).
The two major freight rate increases pushed up the latest Shanghai Export Container Freight Index SCFI, which rose 6.5% to 1,029.23 points, returning to the thousand-point mark. This round of market conditions is also an early reflection of shipping companies’ push to increase prices on European and American routes in August.
The industry revealed that with the limited increase in cargo volume in Europe and the United States and the continued investment in new shipping capacity, shipping companies have reached their limit in removing cabins and reducing shifts. Whether the freight rate increase can be maintained in the first week of August will become an important focus of observation.
MSC becomes the most punctual shipping company
Recently, shipping consulting organization Sea-Intelligence released its latest report on the punctuality performance of global container shipping companies.
In the first five months of this year, the on-time performance of global container shipping companies continued to increase, but it declined in June. The overall on-time attendance rate in June dropped 2.5 percentage points from a high of 64.3% in May.
In terms of company performance, MSC surpassed Maersk (69.9%) to become the most punctual shipping company with an on-time rate of 70.6% in June this year. It is also the only shipping company with an on-time rate of more than 70%. HMM has the lowest on-time rate, only 48.3%.
Email
+8617820211742
Language
Home > News Center > Company News
Address：Room 2303D, Building A, Phoenix Intelligent 
Tel：17820211742
Email：sales@o-kappa.com