集运早报-20250625

Report Overview - The report is from the Energy and Chemicals Team of the Research Center on June 25, 2025, focusing on the European shipping line's freight market, including EC futures contracts, freight rate indices, and shipping capacity arrangements [2]. EC Futures Contracts Contract Prices - EC2506 closed at 1888.1 with a 0.27% change, trading volume of 491, and an open interest of 2776 with a decrease of 585. Other contracts like EC2508 (1772.0, -5.49%), EC2510 (1304.6, -4.77%) also showed price changes and trading volumes [2]. Month - to - Month Spreads - For example, the spread between EC2506 - 2508 was 116.1, compared to previous values (8.0, 1.0). Different contract spreads also had various changes [2]. Freight Rate Indices European Line Indices - The TEDA index on June 23, 2025, was 1937.14, up 14.11% from the previous period. SCFI (weekly on Fridays) on June 20 was 1835, down 0.49%. CCFI (daily) was 1578.6, up 6.03%. NCFI was 1299.58, down 0.64%. TCI (daily) remained unchanged at 930.54 [2]. Seasonal Trends - Multiple freight rate indices such as SCFIS, SCFI, NCFI, etc., showed different seasonal trends in the European line and other routes from 2014 - 2025 [9][10][11]. Shipping Capacity Arrangements - In July and August 2025, the average weekly shipping capacities are 293,000 and 304,000 TEU respectively. The OA Alliance's FAL7 route week 28 has a new sailing cancellation. Supply pressure varies in different weeks of July [2]. Recent European Line Quotations - For July, MSK initially opened at $3400, then dropped to $3100. Other carriers started at $3500 - $4000 and then some dropped to around $3500. The average for the first week was $3400, equivalent to 2400 points on the futures [2][3]. News - News includes the organization's statement on military operations against Israel, the International Atomic Energy Agency's report on Iran, and the Iranian President's announcement of the end of the war and the start of reconstruction [3].