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Reports of renewed discussions for a ceasefire between Israel and Hamas have startled shippers and operators, causing container futures indices to drop.

Yesterday, container freight index futures for the China-North Europe lane, traded on the Shanghai International Energy Exchange, closed lower, with all contracts ending lower from 1 July.

The largest week-on-week drop was observed for the EC2412 (December 2024 contract), which closed at 3,725 points, down 12% from 1 July, while the EC2502 (February 2025) ...

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