China

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09 Jul 2014
It ended so fast. With one statement, the countless hours and money spent over the last year to prepare for one of the biggest — if not the biggest — game-changers in global container shipping went up in smoke.
Shanghai Containerized Freight Index, North Europe, week of July 12, 2013. Source: Shanghai Shipping Exchange
12 Jul 2013
Spot freight rates from Asia to European ports measured by the Shanghai Containerized Freight Index lost another chunk of the recent general rate increase in the week ending July 12. This was the second straight week of declines following a substantial increase for each lane on June 28.
Shanghai Containerized Freight Index, U.S. West Coast, week of July 12, 2013. Source: Shanghai Shipping Exchange
12 Jul 2013
Spot container rates to the U.S. East and West Coasts fell in the week of July 12 after rising the past two weeks due to the strength of a July 1 general rate increase. GRI achievement levels for both lanes slipped to the 50 percent range.
12 Jul 2013
Cosco Shipping Co., the heavy-lift and multipurpose unit of China's largest shipping group, 
11 Jul 2013
China Navigation has acquired Polynesia Line, which connects the U.S. West Coast with Tahiti, American Samoa, Western Samoa and other Pacific Islands.
10 Jul 2013
Supply Chain Solutions has acquired the freight forwarding business unit of England Logistics.
Shanghai Containerized Freight Index, U.S. West Coast, week of July 5, 2013. Source: Shanghai Shipping Exchange
10 Jul 2013
Spot container rates to the U.S. West Coast increased slightly after rising nearly 15 percent the previous week on the strength of a July 1 general rate increase. The spot rate to the West Coast based on the weekly Shanghai Containerized Rate Index was $2,131 on Friday, up 0.8 percent from the previous week.

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