集运早报-20250715

1. Report Industry Investment Rating - No relevant content provided 2. Core Views - The overall pressure on shipping capacity remains high, with weekly average capacities of 295,000 and 322,300 TEU in July and August 2025 respectively. According to market rumors, the weekly average capacity in August will drop to 310,000 TEU, but the pressure is still significant [2] - The downstream is booking shipping space for the second half of July (week 29 - 30). Shipping company quotes for the second half of July are mainly stable, but some companies have secretly lowered prices for the last week of July [3] 3. Summary by Related Catalogs 3.1 Futures Contract Prices - EC2508 closed at 2027.2, down 0.17%; EC2510 closed at 1440.7, up 4.25%; EC2512 closed at 1580.5, up 2.57%; EC2602 closed at 1386.1, up 3.13%; EC2604 closed at 1218.6, up 2.22%; EC2606 closed at 1382.2, up 3.78% [2] - The month - to - month spreads of different contracts have changed, such as EC2508 - 2510 being 586.5, down from the previous day [2] 3.2 Spot Freight Indexes - SCFIS (European line) on July 14, 2025, was 2421.94/2099 dollars/TEU, up 7.26%/-0.10% from the previous period [2] - CCFI on July 11, 2025, was 1726.41, up 1.90% from the previous period; NCFI was 1435.21, down 0.50%; TCI was 1019.55, unchanged [2] 3.3 Shipping Capacity Arrangement - The weekly average shipping capacities in July and August 2025 are 295,000 and 322,300 TEU respectively. According to market rumors, the weekly average capacity in August will drop to 310,000 TEU, and the capacities from week 31 - 35 are 311,000, 314,000, 310,000, and 294,000 TEU respectively [2] 3.4 Recent European Line Quotes - The downstream is booking shipping space for the second half of July (week 29 - 30). Shipping company quotes for the second half of July are mainly stable. Week 29's quotes are around 3400 dollars, and some companies have secretly lowered prices for week 30 by about 200 dollars, with an average of 3300 dollars (equivalent to 2300 points on the disk) [3]