Container Shipping Weekly Report | Freight prices have generally fallen, with "diving" acr
- Author:weiyun.com
- Source:weiyun.com
- Release Date:2026-02-05
SCFI: The transportation market conditions were slightly weak, and the freight rates in the ocean route market fell, dragging down the composite index.
WCI: The decline was mainly driven by the general correction in freight rates on the two major trans-Pacific and Asia-Europe routes.
Shanghai Export Container Comprehensive Freight Index (SCFI)
According to the latest data released by the Shanghai Shipping Exchange, as of January 23, the SCFI was 1,457.86 points, down 116.26 points or 7.4% from the previous period.
Affected by the decrease in cargo volume and oversupply of transportation capacity before the Lunar New Year, the overall freight rate showed a downward trend.
Some shipping companies have announced blank flight plans on some routes to regulate shipping capacity, but there is great pressure for freight rates to rise in the short term.
*Market freight rates from the Far East to major basic ports, including shipping and shipping surcharges, are the same for the following routes.
The European route is US$1,595/TEU, down US$81 or 4.8% from the previous issue.The freight rates for the North American route to the West and East are US$2,084/FEU and US$2,896/FEU respectively.
The US West Coast route fell by US$110, or 5%, from the previous issue, the US East Coast route fell by US$269, or 8.5% from the previous period, and the Mediterranean route dropped by US$2,756/TEU, which was a US$227 drop from the previous period, or 7.6%.The Persian Gulf route is US$1,288/TEU, down US$406 or 24% from the previous period.The South American route (Santos) is US$1,153/TEU, down US$42 or 3.5% from the previous period.The Australia-New Zealand route is US$1,029/TEU, down US$122 or 10.6% from the previous issue.The freight index for the short-ocean route from China to Japan is 954.84 points.Among them, the freight rate for Kansai and Kanto in Japan was US$312/TEU and US$321/TEU respectively, both unchanged from the previous week; the freight rate for exports to Southeast Asia (Singapore) was US$496/TEU, a decrease of US$19 from the previous period; the freight rate for exports to South Korea was US$144/TEU.
Drewry World Container Index (WCI)
As of last week (January 22), the Drewry World Container Freight Index (WCI) was US$2,212/FEU, a decrease of US$233, or 10%.
The expected rebound in seasonal demand before the Spring Festival has not materialized. Freight rates and capacity on major east-west routes are still in the dynamic adjustment stage.
Source: Drewry
Spot freight rates for trans-Pacific routes:
The freight rate from Shanghai to Los Angeles was US$2,546/FEU, a decrease of US$363, or 12%. The freight rate from Shanghai to New York was US$3,191/FEU, a decrease of US$377, or 11%.
In response to weak demand after the Spring Festival, shipping companies have increased empty sailings this week to adjust shipping capacity, and freight rates are expected to fall further in the coming weeks.
Source: Drewry
Spot freight rates for Asia-Europe routes:
The freight rate from Shanghai to Genoa was US$3,520/FEU, down by US$319, or 8%. The freight rate from Shanghai to Rotterdam was US$2,510/FEU, down by US$253, or 9%.
Recently, major shipping companies have implemented differentiated operating decisions and released effective shipping capacity back to the market in an orderly and gradual manner in a planned manner.
On the basis of prudent assessment of route risks and dynamic optimization of network layout, this move by major shipping companies can buffer the downward pressure on spot freight rates and avoid a cliff-like decline in the market.
WCI: The decline was mainly driven by the general correction in freight rates on the two major trans-Pacific and Asia-Europe routes.
Shanghai Export Container Comprehensive Freight Index (SCFI)
According to the latest data released by the Shanghai Shipping Exchange, as of January 23, the SCFI was 1,457.86 points, down 116.26 points or 7.4% from the previous period.
Affected by the decrease in cargo volume and oversupply of transportation capacity before the Lunar New Year, the overall freight rate showed a downward trend.
Some shipping companies have announced blank flight plans on some routes to regulate shipping capacity, but there is great pressure for freight rates to rise in the short term.
*Market freight rates from the Far East to major basic ports, including shipping and shipping surcharges, are the same for the following routes.
The European route is US$1,595/TEU, down US$81 or 4.8% from the previous issue.The freight rates for the North American route to the West and East are US$2,084/FEU and US$2,896/FEU respectively.
The US West Coast route fell by US$110, or 5%, from the previous issue, the US East Coast route fell by US$269, or 8.5% from the previous period, and the Mediterranean route dropped by US$2,756/TEU, which was a US$227 drop from the previous period, or 7.6%.The Persian Gulf route is US$1,288/TEU, down US$406 or 24% from the previous period.The South American route (Santos) is US$1,153/TEU, down US$42 or 3.5% from the previous period.The Australia-New Zealand route is US$1,029/TEU, down US$122 or 10.6% from the previous issue.The freight index for the short-ocean route from China to Japan is 954.84 points.Among them, the freight rate for Kansai and Kanto in Japan was US$312/TEU and US$321/TEU respectively, both unchanged from the previous week; the freight rate for exports to Southeast Asia (Singapore) was US$496/TEU, a decrease of US$19 from the previous period; the freight rate for exports to South Korea was US$144/TEU.
Drewry World Container Index (WCI)
As of last week (January 22), the Drewry World Container Freight Index (WCI) was US$2,212/FEU, a decrease of US$233, or 10%.
The expected rebound in seasonal demand before the Spring Festival has not materialized. Freight rates and capacity on major east-west routes are still in the dynamic adjustment stage.
Source: Drewry
Spot freight rates for trans-Pacific routes:
The freight rate from Shanghai to Los Angeles was US$2,546/FEU, a decrease of US$363, or 12%. The freight rate from Shanghai to New York was US$3,191/FEU, a decrease of US$377, or 11%.
In response to weak demand after the Spring Festival, shipping companies have increased empty sailings this week to adjust shipping capacity, and freight rates are expected to fall further in the coming weeks.
Source: Drewry
Spot freight rates for Asia-Europe routes:
The freight rate from Shanghai to Genoa was US$3,520/FEU, down by US$319, or 8%. The freight rate from Shanghai to Rotterdam was US$2,510/FEU, down by US$253, or 9%.
Recently, major shipping companies have implemented differentiated operating decisions and released effective shipping capacity back to the market in an orderly and gradual manner in a planned manner.
On the basis of prudent assessment of route risks and dynamic optimization of network layout, this move by major shipping companies can buffer the downward pressure on spot freight rates and avoid a cliff-like decline in the market.