Shipping Information | SCFI index fell below 1,000 points again; CMA CGM increased capacity

NO.1, SCFI index fell below 1,000 points again

After rising for two consecutive weeks, the Shanghai Containerized Freight Index (SCFI) fell below 1,000 points again.

According to the latest data released by the Shanghai Airlines Exchange on June 9, the SCFI index fell 48.45 points to 979.85 points last week, a weekly drop of 4.75%. The freight rate of the American line dropped back in June, and the freight rate of the European line was slightly lowered, which caused the SCFI index to end the two consecutive weeks of rising, and almost gave up all the gains of 45.34 points in the previous week.

With regard to the recent strikes by dock workers in the west of the United States and load reduction in the dry water of the Panama Canal, a number of container shipping companies and freight forwarding companies have analyzed that the impact is not significant at present, only causing some ship delays, and there are ships queuing up in strike areas such as the Port of Oakland The situation of open berths is within the controllable range. Unless the time is prolonged or the scope of the strike is expanded, it may affect the trend of freight rates.

NO.2. The cumulative cargo throughput of the port last week was 239.859 million tons

CCTV News: According to the WeChat official account of the Ministry of Transport, according to the monitoring and summary data of the Office of the Leading Group for Logistics Guarantee and Smoothness of the State Council, from June 5th to June 11th, the national freight logistics operated in an orderly manner, of which: National Railway Freight Continue to maintain a high level of operation, with a total of 71.39 million tons of goods transported, a month-on-month increase of 0.17%; a total of 52.425 million trucks on expressways across the country, a month-on-month increase of 0.54%;

The cumulative cargo throughput of monitored ports was 239.859 million tons, a decrease of 1.44% from the previous month, and the container throughput was 5.696 million TEUs, an increase of 2.70% from the previous month; the cumulative number of civil aviation flights guaranteed was 106,000 (including 3,765 cargo flights, including 2,278 international cargo flights) , 1487 domestic cargo flights), a month-on-month decrease of 1.81%; the cumulative collection volume of postal express delivery is about 2.681 billion pieces, a month-on-month decrease of 7.04%; the cumulative delivery volume is about 2.758 billion pieces, a month-on-month decrease of 1.61%.

NO.3. China's coastal (bulk) transportation market has increased idle capacity

According to the Shanghai Shipping Exchange, the improvement of terminal demand was still weak last week, and commodity price fluctuations drove purchases and shipments. At the same time, under low freight rates, some shipowners chose to stop their ships, and the composite index stabilized.

On June 9, the China Coastal (Bulk Cargo) Composite Freight Index released by the Shanghai Shipping Exchange closed at 952.21 points, down 0.8% from the previous period.

NO.4, CMA CGM has increased capacity by 39,122TEU in the past month

In the latest month, CMA CGM has increased its operation of ships by 13, which is the company with the largest increase in the number of ships, and its shipping capacity has increased by 39,122TEU.

According to the latest data released by Alphaliner, as of June 9, 2023, the total number of container ships in operation in the world has reached 6,611, an increase of 87 ships compared with a month ago. The total operating capacity is 27,119,043 TEU, an increase of 224,220 TEU..

NO.5, Maersk and Microsoft cooperate to realize the digitization of logistics

Maersk announced today that it is advancing its cloud-first technology approach by expanding the company's use of Microsoft Azure as its cloud platform.

The collaboration between Maersk and Microsoft has brought innovative digital solutions to the market, such as Remote Container Management (RCM), which allows Maersk to monitor the temperature and humidity data of hundreds of thousands of refrigerated shipping containers in real time to ensure food and other Perishable items arrived in perfect condition.