集装箱运输市场日报：MSC新添空班，警惕高位风险-20250903

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - Today, the futures prices of each contract of the Container Shipping Index (European Line) opened with a significant upward movement, then fluctuated, and declined near the close. All contracts' prices ended the day higher. The significant increase in today's futures prices was due to the US Federal Circuit Court of Appeals ruling that most of the global tariff measures implemented by former President Trump were illegal, bringing positive macro - sentiment, and the upward trend of US - line freight rates also had a spill - over effect on the market. Additionally, MSC announced a blank - sailing plan for the Asia - Europe route, which was favorable for the futures price from a supply perspective. Looking ahead, Maersk's new weekly opening quotes continued to decline, and the likelihood of EC futures prices oscillating or oscillating downward was relatively high [1]. 3. Summary by Relevant Content 3.1 EC Risk Management Strategy Recommendations - Position Management: For those who have already obtained shipping positions but face full capacity or poor booking volumes during the off - peak peak season and are worried about falling freight rates, with a long spot exposure, they can short the container shipping index futures (EC2510) to lock in profits, with a recommended selling entry range of 1350 - 1450 [1]. - Cost Management: When shipping companies increase blank - sailing efforts or the market is about to enter the peak season, and they want to book cabins according to orders, with a short spot exposure, they can buy the container shipping index futures (EC2510) at present to determine the booking cost in advance, with a recommended buying entry range of 1150 - 1250 [1]. 3.2 Market Sentiment Factors 3.2.1 Bullish Factors - On August 29th local time, the US Federal Circuit Court of Appeals ruled that most of the global tariff measures implemented by former President Trump were illegal. These measures could remain in effect until October 14th to allow the US government to appeal to the Supreme Court. This ruling did not affect tariffs imposed under other regulations [2]. - On September 1st local time, due to expected slowdown in demand during the Golden Week holiday, MSC planned to adjust the shipping capacity on the Asia - Europe route from Week 39 to Week 41, canceling a total of four voyages [2]. 3.2.2 Bearish Factors - Maersk's new weekly opening quotes continued to decline, and the decline remained basically the same [3]. - The SCFIS European Line index accelerated its decline [3]. 3.3 EC Data 3.3.1 EC Basis Daily Changes - On September 3, 2025, the basis of EC2510 was 432.90 points, with a daily decrease of 49.30 points and a weekly decrease of 238.40 points. Other contracts also showed varying degrees of decline [4]. 3.3.2 EC Prices and Spreads - On September 3, 2025, the closing price of EC2510 was 1340.7 points, with a daily increase of 3.82% and a weekly increase of 1.65%. Different contracts had different price changes and spreads [4]. 3.3.3 EC Main Contract Speculation and Closing Price - Relevant data and trends are presented graphically, but specific numerical summaries are not provided in the text [5]. 3.3.4 EC Main Contract Basis - Relevant data and trends are presented graphically, but specific numerical summaries are not provided in the text [5]. 3.4 Container Shipping Spot Quotes - On September 11, Maersk's 20GP total quote for Shanghai - Rotterdam was $1175, up $10 from the previous period, and the 40GP total quote was $1970, up $20. On September 18, the 20GP opening quote was $1020, up $120 from the previous week, and the 40GP opening quote was $1700, up $200 [6]. - In the second week of September, Evergreen's 20GP total quote for Shanghai - Rotterdam was $1455, down $150 from the previous period, and the 40GP total quote was $2210, down $200 [6]. 3.5 Global Freight Rate Indexes - The latest value of SCFIS for the European route was 1773.6 points, down 216.6 points (-10.88%) from the previous value. Different global freight rate indexes showed different changes [7]. - The FBX comprehensive freight rate index was $1997 per FEU, down $11 (-0.55%) from the previous value [7]. 3.6 Global Major Port Waiting Times - On September 2, 2025, the waiting time at Hong Kong Port was 0.760 days, an increase of 0.321 days from the previous day. Different ports had different waiting time changes [14]. 3.7 Ship Speed and Number of Container Ships Waiting at Suez Canal Ports - On September 2, 2025, the speed of 8000 + container ships was 15.804 knots, a decrease of 0.022 knots from the previous day. The number of ships waiting at the Suez Canal port anchorages remained at 17 [22].