News / Carriers in dire straits as spot rates continue in freefall right across ocean container trades

11/03/2016

Tumbling spot container freight rates on all shipping routes from China caused the Shanghai Containerized Freight Index (SCFI) to shed 7% this week, sinking to another all-time low.

The SCFI has now fallen by 60% over the past year, reflecting increased weakness in every tradelane it ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber

LOGIN

Please either REGISTER or login below to continue. Forgotten your password? Please click here.

Email*
Password*

Reset Your Password

<< Go back

Email*

Comment on this article

You must be logged in to post a comment.

Cory Margand
March 13, 2016 at 1:48 pm
Good article. It always amazes me that BCO’s rely on contract/tenders only for the most part. SimpliShip offers them flexibility to procure spot rates in the most efficient way possible. Time for the archaic process to change!

Log in to Reply