The market gradually enters the traditional peak season! Freight has fluctuated!

Recently, the total number of confirmed coVID-19 cases in the world has exceeded 15 million. However, most countries have restarted their economies and have not resumed lockdown measures.
China's export container transport market remained stable this week, with spare capacity coming into the market

In European transportation lines, European countries lifted control measures and normal production and business activities gradually resumed. However, as the economy resumed, the spread of the epidemic rebounded, and the number of confirmed cases in many countries gradually increased, which weighed on the subsequent economic rebound. The transport demand is stable on the whole, and the supply-demand relationship is basically balanced. The average loading rate of ships at Shanghai port will remain around 95%, and the market freight rate will continue to be adjusted slightly.
Mediterranean route, the market trend is basically synchronized with the European route, transport demand is basically stable, stable fundamentals of supply and demand. Rates are down slightly this week.

According to statistics, the United States ranks the first in the world in terms of confirmed coVID-19 cases. Moreover, the spread of the epidemic in the United States shows signs of accelerating recently, with the confirmed cases in many regions reaching a new high. Due to the recent market rates at historically high levels, the correction this week.
Along the Persian Gulf route, the destination countries are relatively stable, the market has gradually entered the traditional peak season, and the transport demand has picked up. In addition, some carriers continue to take measures such as suspension to control the scale of transport capacity, and the relationship between supply and demand has improved. The average loading rate of ships at Shanghai Port has remained around 90%, and the market freight rate has continued to rise.

On the Route between Australia and New Zealand, the epidemic has rebounded greatly locally, which will have a negative impact on the further growth of transport demand in the later period. This week's cargo performance is good, supply and demand balance, Shanghai port ship average loading rate hovering around 90%, the market freight rate rose slightly.
The number of confirmed cases in Brazil and other countries increased rapidly, but it also stimulated the demand for some daily necessities and medical commodities. Transportation demand rebounded, and the average utilization rate of shipping space in Shanghai port rose to more than 90%. Some carriers carry out the tariff increase plan, this week spot booking prices rose sharply.
Japan line, this week the transport market demand is basically stable, stable freight rates