Dynaliners reports that the Shanghai Containterized Freight Index (SCFI) reached its highest value since the index began reporting in 2009.
The index reached 1,664.56 on 6 November after gaining 134.57 points in a single week, reaching some 83.38 points higher than its previous high point in 2010.
According to Dynaliners, the index was hovering at around 1,000 points at the start of this year.
The SCFI distinguishes the following regions for its calculations: Europe, Mediterranean, US West Coast, US East Coast, Gulf and Red Sea, Australia/New Zealand, South Africa, South America, West Japan, East Japan, South East Asia and Korea.
Nick Savvides
Managing Editor
