Shanghai Shipping Exchange: Ongoing geopolitical tensions continue to impact the market, with most routes experiencing higher freight rates this week.

Due to the continued tense geopolitical situation, related liner route transport markets are still being affected, and China’s export container shipping market continues to face tests from the geopolitical situation. This week, freight rates on most ocean routes rose, driving the increase in the composite index. On March 27, the Shanghai Shipping Exchange released the Shanghai Export Containerized Freight Index at 1826.77 points, up 7.0% from the previous period. (Sina Finance)

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