Comment / Spot freight rates preview: the Fortnight Brace suggests a flat week

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Premium gave itself a sweaty slap – it’s still jolly hot in Europe – of self-congratulation after our inaugural mid-week spot rate preview last week.

We got it spot on, if you’ll excuse the pun – with the movement of one week’s SCFI (Shanghai Containerized Freight Index) continuing as a reliable indicator of the following week’s WCI (World Container Index) from Drewry.

(Click to expand the tables below)

During this year’s peak season, on the Asia-Europe trades, we have termed it it the ...

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