Report Summary Investment Rating No investment rating for the industry is provided in the report. Core Viewpoint Due to geopolitical conflicts and tariff uncertainties, the shipping market has high trading risks and large fluctuations. It is recommended to participate with light positions or stay on the sidelines. Short - term rebounds are possible, and long - term positions should be taken profit when prices rise and wait for the market to stabilize before making further decisions [2][5]. Detailed Summaries Market Price Index - On August 4, the Shanghai Export Container Settlement Freight Index (SCFIS) for the European route was 2297.86 points, down 0.8% from the previous period, and 1130.12 points for the US West route, down 12.0% [3]. - On August 1, the Ningbo Export Container Freight Index (NCFI) for the comprehensive index was 1087.66 points, down 2.06% from the previous period, 1372.67 points for the European route, down 3.53%, and 1114.45 points for the US West route, down 0.54% [3]. - On August 1, the Shanghai Export Container Freight Index (SCFI) announced price was 1550.74 points, down 41.85 points from the previous period, the European line price was 2051 USD/TEU, down 1.86%, and the US West route was 2021 USD/FEU, down 2.23% [3]. - On August 1, the China Export Container Freight Index (CCFI) for the comprehensive index was 1232.29 points, down 2.3% from the previous period, 1789.50 points for the European route, up 0.1%, and 876.57 points for the US West route, down 0.5% [3]. Economic Data - The eurozone's July manufacturing PMI preliminary value was 49.8, higher than the expected 49.7, and the service PMI preliminary value was 51.2, higher than the expected 50.7. The composite PMI preliminary value was 51, higher than the expected 50.8. The SENTIX investor confidence index jumped to 4.5 [3]. - China's July manufacturing PMI was 49.3%, 0.4 percentage points lower than the previous month [4]. - The US July S&P Global manufacturing PMI preliminary value was 49.5, lower than the expected 52.7, and the service PMI preliminary value was 55.2, higher than the expected 53. The composite PMI preliminary value was 54.6, a new high since December 2024 [4]. Policy and Geopolitical Factors - Trump continued to impose tariffs on multiple countries, mainly in Southeast Asia, and postponed the tariff negotiation date to August 1. Some shipping companies announced price increases, and the spot market had a small price increase to test the market [5]. - On August 5, the Houthi armed forces attacked Israel's Ben - Gurion International Airport [5]. - Germany's Deputy Prime Minister called on the EU to take a tougher stance in trade negotiations with the US [6]. Trading Strategies - Short - term: For risk - takers, those who have taken long positions in the 2510 contract below 1300 can take partial profits, and those who have short positions in the EC2512 contract can take profits. Set stop - losses and avoid holding losing positions [5]. - Arbitrage: Due to international instability, it is recommended to stay on the sidelines or take light positions [5]. - Long - term: Take profits when prices rise and wait for the market to stabilize before making further decisions [5]. Market Conditions of Main Contracts - On August 5, the main contract 2510 closed at 1413.0, up 0.63%, with a trading volume of 3.06 million lots and an open interest of 5.21 million lots, an increase of 1055 lots from the previous day [5]. Contract Adjustments - For contracts from 2508 to 2606, the daily limit is adjusted to 18%, the margin is adjusted to 28%, and the daily opening limit is 100 lots [5].

Report Summary 1. Report Industry Investment Rating No industry investment rating is provided in the report. 2. Core Viewpoints - The SCFIS has slightly declined, the market sentiment is bearish, and the market is fluctuating weakly with large recent fluctuations. It is not recommended to increase positions, and stop - losses should be set [1]. - Amid geopolitical conflicts and tariff uncertainties, the trading difficulty is high. It is recommended to participate with light positions or wait and see [4]. - The short - term market may rebound. Risk - takers are advised to go long lightly below 1300 for the 2510 contract and take partial profits when a profit margin of over 300 is achieved. For the EC2512 contract, it is advised to go short lightly and take profits. Attention should be paid to subsequent market trends, and it is not recommended to hold losing positions. Stop - losses should be set [4]. - In the context of international situation turmoil, the market is mainly in a positive arbitrage structure with large fluctuations. It is recommended to wait and see or try with light positions [4]. - For the long - term, it is advised to take profits when each contract rises and wait for the market to stabilize after a pullback before making further judgments [4]. 3. Summary by Related Content 3.1 Shipping Indexes - On August 4, the Shanghai Export Container Settlement Freight Index (SCFIS) for the European route was 2297.86 points, down 0.8% from the previous period; for the US - West route, it was 1130.12 points, down 12.0% [2]. - On August 1, the Ningbo Export Container Freight Index (NCFI) (composite index) was 1087.66 points, down 2.06% from the previous period; the NCFI for the European route was 1372.67 points, down 3.53%; for the US - West route, it was 1114.45 points, down 0.54% [2]. - On August 1, the Shanghai Export Container Freight Index (SCFI) composite index was 1550.74 points, down 41.85 points from the previous period; the SCFI for the European route was 2051 USD/TEU, down 1.86%; for the US - West route, it was 2021 USD/FEU, down 2.23% [2]. - On August 1, the China Export Container Freight Index (CCFI) (composite index) was 1232.29 points, down 2.3% from the previous period; the CCFI for the European route was 1789.50 points, up 0.1%; for the US - West route, it was 876.57 points, down 0.5% [2]. 3.2 Economic Data - The eurozone's July manufacturing PMI preliminary value was 49.8, higher than the expected 49.7 and the previous value of 49.5. The July services PMI preliminary value was 51.2, higher than the expected 50.7 and the previous value of 50.5. The July composite PMI preliminary value was 51, higher than the expected 50.8 and the previous value of 50.6. The July SENTIX investor confidence index jumped to 4.5, significantly higher than June's 0.2 and the market - expected 1.1, reaching the highest level since April 2022 [2]. - China's July manufacturing PMI was 49.3%, down 0.4 percentage points from the previous month, indicating a decline in manufacturing prosperity [3]. - The US July S&P Global manufacturing PMI preliminary value was 49.5, lower than the expected 52.7 and the previous value of 52.9; the services PMI preliminary value was 55.2, higher than the expected 53 and the previous value of 52.9. The July Markit composite PMI preliminary value was 54.6, the highest since December 2024, better than the expected 52.8 and the previous value of 52.9 [3]. 3.3 Market News and Policy - Trump continues to impose tariffs on multiple countries, mainly in Southeast Asia, which further hits transit trade. Some shipping companies have announced freight rate increases. The Trump administration has postponed the tariff negotiation date to August 1. The spot market price range is set, with a slight price increase to test the market, leading to a slight rebound in the market [4]. - On August 3, the Yemeni Houthi armed forces launched three "special military operations" against two Israeli military targets and the Haifa port, and an Israeli air defense system shot down a drone from Yemen. There were no casualties reported [4]. - On August 1, the WTO reported that the global service trade growth rate in the first quarter of 2025 slowed to 5%, about half of the growth rates in 2024 and 2023. Service trade exports in Europe and North America only increased by 3% year - on - year, lower than the data in the first quarter of 2024. In contrast, Asia maintained a strong growth of 9%. Financial service exports increased by 3% year - on - year, reflecting a decrease in investment activities due to increased global economic uncertainty [4]. 3.4 Contract Information - On August 4, the closing price of the main contract 2510 was 1421.8, with a decline of 0.72%, a trading volume of 3.03 million lots, and an open interest of 5.11 million lots, a decrease of 1323 lots from the previous day [4]. - The daily limit for contracts from 2508 to 2606 has been adjusted to 18%. The company's margin for contracts from 2508 to 2606 has been adjusted to 28%. The intraday opening limit for all contracts from 2508 to 2606 is 100 lots [4].

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core View The shipping market is currently facing a complex situation with geopolitical conflicts, tariff uncertainties, and fluctuating freight rates. Due to the high difficulty of market gaming, it is recommended to participate with light positions or stay on the sidelines. The short - term market may rebound, and different trading strategies are proposed for different contracts, but overall, risk control through stop - loss settings is emphasized [1][4]. 3. Content Summary 3.1 Freight Rate Index - **SCFIS and NCFI**: On August 4, the Shanghai Export Container Settlement Freight Index (SCFIS) for the European route was 2297.86 points, down 0.8% from the previous period; for the US West route, it was 1130.12 points, down 12.0%. The Ningbo Export Container Freight Index (NCFI) composite index on August 1 was 1087.66 points, down 2.06%; the European route was 1372.67 points, down 3.53%; the US West route was 1114.45 points, down 0.54% [2]. - **SCFI and CCFI**: On August 1, the Shanghai Export Container Freight Index (SCFI) composite index was 1550.74 points, down 41.85 points; the European line price was 2051 USD/TEU, down 1.86%; the US West route was 2021 USD/FEU, down 2.23%. The China Export Container Freight Index (CCFI) composite index was 1232.29 points, down 2.3%; the European route was 1789.50 points, up 0.1%; the US West route was 876.57 points, down 0.5% [2]. 3.2 PMI Data - **Eurozone**: In July, the manufacturing PMI preliminary value was 49.8 (expected 49.7, previous 49.5), the services PMI preliminary value was 51.2 (expected 50.7, previous 50.5), the composite PMI preliminary value was 51 (expected 50.8, previous 50.6), and the SENTIX investor confidence index rose to 4.5, the highest since April 2022 [2]. - **China**: The manufacturing PMI in July was 49.3%, down 0.4 percentage points from the previous month, indicating a decline in manufacturing prosperity [3]. - **US**: In July, the S&P Global manufacturing PMI preliminary value was 49.5 (expected 52.7, previous 52.9), the services PMI preliminary value was 55.2 (expected 53, previous 52.9), and the Markit composite PMI preliminary value was 54.6, the highest since December 2024 [3]. 3.3 Market Events - Trump's tariff policy: Trump continued to impose tariffs on multiple countries, mainly in Southeast Asia, hitting re - export trade. The tariff negotiation date was postponed to August 1. Some shipping companies announced freight rate increases, and the spot market had a small price increase to test the market, leading to a slight rebound in the futures market [4]. - Geopolitical events: On August 3, the Yemeni Houthi armed forces launched three "special military operations" against Israeli military targets and a port. Israel's national security minister entered the Al - Aqsa Mosque area, which was condemned by Palestine, Saudi Arabia, and Jordan [4]. 3.4 Trading Strategies - **Short - term strategy**: The short - term market may rebound. Risk - takers are advised to go long lightly below 1300 for the 2510 contract and take partial profits when there is a profit margin of over 300 points. For the EC2512 contract, it is recommended to go short lightly and take profits. Attention should be paid to subsequent market trends, and no position - holding against losses is recommended, with stop - losses set [4]. - **Arbitrage strategy**: In the context of international situation turmoil, the market is mainly in a positive spread structure with large fluctuations. It is recommended to stay on the sidelines or try lightly with a small position [4]. - **Long - term strategy**: For all contracts, it is recommended to take profits when the price rises and wait for the price to stabilize after a pull - back before making further decisions [4]. 3.5 Contract Information - On August 4, the main contract 2510 closed at 1421.8, down 0.72%, with a trading volume of 3.03 million lots and an open interest of 5.11 million lots, a decrease of 1323 lots from the previous day [4]. - The daily limit for contracts from 2508 to 2606 was adjusted to 18%, the company's margin was adjusted to 28%, and the daily opening limit for all contracts from 2508 to 2606 was set at 100 lots [4].

Group 1: Investment Rating - No information provided on the industry investment rating Group 2: Core Viewpoints - The EC futures contracts show price fluctuations, with most contracts experiencing declines in price and changes in trading volume and open interest [2] - The month - to - month spreads of EC futures also show certain changes, such as the EC2508 - 2510 spread decreasing by 2.0 and the EC2510 - 2512 spread increasing by 13.0 [2] - Some shipping freight indices, like SCFI, (European Line) CCFI, and NCFI, have changed in value, with SCFI down 1.87%, (European Line) CCFI up 0.13%, and NCFI down 3.53% [2] - In the European line shipping market, the supply pressure will be very high from late August, with week 34/35 capacity at 340,000 TEU and the average weekly capacity in September 2025 (tentative) at 343,000 TEU (323,000 TEU without considering TBN). Shipping companies are gradually reducing prices [2] Group 3: Summary by Directory EC Futures Contracts - EC2508: Price is 2122.3, down 0.20% compared to the previous day, with an open interest of 4367 and a decrease of 93 [2] - EC2510: Price is 1421.8, down 0.15%, trading volume is 30268, open interest is 51053, and a decrease of 1323 [2] - EC2512: Price is 1677.2, down 0.90%, open interest is 8387 [2] - EC2602: Price is 1470.2, open interest is 4139, and a decrease of 3 [2] - EC2604: Price is 1315.1, open interest is 5146, and an increase of 34 [2] - EC2606: Price is 1453.2, down 0.81%, open interest is 795, with no change [2] Month - to - Month Spreads - EC2508 - 2510: The spread is 700.5, a decrease of 2.0 compared to the previous day [2] - EC2510 - 2512: The spread is - 255.4, an increase of 13.0 compared to the previous day [2] - EC2512 - 2602: The spread is 207.0 [2] Shipping Freight Indices - Terdar: On August 4, 2025, the index was 2297.86, down 3.50% compared to the previous period [2] - SCFI: On August 1, 2025, it was 2051 dollars/TEU, down 1.87% compared to the previous period [2] - (European Line) CCFI: On August 1, 2025, it was 1789.5 points, up 0.13% compared to the previous period [2] - NCFI: On August 1, 2025, it was 1372.7 points, down 3.53% compared to the previous period [2] European Line Shipping Market - In week 32 of August, the cargo collection was good but there were basically no available containers. In week 33, the cargo collection situation of each alliance varied, with MSK performing well, OA average, and PA poor, and MSK's price dropped by 100 dollars [2] - Shipping companies such as OA and PA have gradually reduced prices by about 200 dollars [2] - Currently, downstream customers are booking spaces for the first half of August (week 32 - 33). Week 32 actual prices are around 3200 dollars (equivalent to 2250 points). Week 33 current quotes have dropped to 2800 - 3200 dollars, with an average of 3000 dollars (equivalent to about 2100 points) [2]

南华期货集运周报 当周期货标的现货指数上海出口结算运价指数（SCFIS）欧洲航线继续下行，美西航线也再度小幅回 落。中国出口集装箱运价指数（CCFI）、上海出口集装箱运价指数（SCFI）和宁波出口集装箱运价指数 （NCFI）均继续下降。 分航线来看，SCFI欧洲航线再度回落，美西航线和美东航线则继续下行。当周期价主要影响因素为欧线 现舱报价。当周主流船司8月现舱报价继续回落，带降了期货价格的估值。商品情绪则受宏观政策影响而有所 回落，同样利空EC的市场情绪。中美关税谈判基本无太多变化，整体对市场情绪影响短期中性略偏多。 对于后市而言，可继续关注船司欧线现舱报价变动和欧线市场基本面。 受美国关税等宏观情绪影响，期价短期维持震荡略偏下行趋势的可能性仍相对较大，但需注意期价至短 期低位后可能的反弹。 2. 策略 期现（基差）策略：交易者宜保持观察，寻找短期做空基差的机会。 —— MSK开舱报价继续下行 2025/08/03 南华研究院投资咨询业务资格：证监许可【2011】1290号 俞俊臣（Z0021065） 1. 摘要 套利（跨期）策略：可暂时保持观望。 3. 盘面回顾 截至周五，EC各月合约的收盘价与结算价均有 ...

本报告非期货交易咨询业务项下服务，其中的观点和信息仅供参考，不构成任何投资建议；期市有风险，投资需谨慎 01 PART ONE 主要观点及策略概述 集运指数：运价见顶信号显现，盘面整体偏弱 投资咨询业务资格：证监许可【2012】31号 【集运指数欧线周报（EC）】 运价见顶信号显现，盘面整体偏弱 国贸期货 能源化工研究中心 2025-08-04 卢钊毅 从业资格证号：F3171622 投资咨询证号：Z0021177 | 影响因素 | 驱动 | 主要逻辑 | | --- | --- | --- | | | | （1）现货价格见顶，8月上旬报价开始走弱，带动8月下旬同步走弱。 | | 现货运价 | 利空 | （1）GEMINI：马士基wk33开舱2800，涨至2900，HPL8月上旬降至3150。（2）OA：8月上旬报价均值在3300；CMA 3450，EMC 3500，OOCL 3250。 | | | | （3）PA：整体由于敞口较大，持续降价至3100，有继续下调的趋势。ONE 3150，HMM 3100。（4）MSC：8月上报3350。 | | | | 【1】中国商务部国际贸易谈判代表兼副部长李成钢于29日 ...

Group 1: Report Industry Investment Rating - No information provided Group 2: Core View of the Report - In the face of high capacity pressure and the approaching off - season of demand, freight rates will be under pressure in the future [1] Group 3: Summary of Key Information EC Futures Contracts and Forward Curve - EC futures contract prices show different trends, with varying degrees of decline and increase in different contract periods, such as EC2508 at 2121.6 with a decline of - 724, and EC2510 at 1425.1 with a decline of - 2.63 [1] - The monthly spread of EC contracts also shows different changes, for example, EC2508 - 2510 is - 267.2, with a day - on - day change of 2.1 [1] Freight Rate Indexes - SCFIS decreased by 3.50% compared with the previous period, and SCFI increased by 0.53%. CCFI (European route) increased by 4.46%, and NCE increased by 0.35%. TCI remained unchanged at 0.00% [1] European Route Capacity and Freight Volume - In August and September (temporarily), the average weekly capacity of the European - American route is 325,000 and 324,000 TEU respectively. The capacity in weeks 32, 33, 34, and 35 is 330,000, 305,000, 350,000, and 330,000 TEU respectively. The overall capacity pressure is high, especially in the second half of August [1] - There is still some support for the basic cargo volume in the first half of August, but the freight forwarders' perception is poor [1] Recent European Route Quotations - Downstream is currently booking cabins for early August (weeks 31 - 32). The landing price in week 32 is about $3300 (equivalent to 2300 points on the disk), and the landing price in week 33 is about 2150 points. MSK's opening quotation for week 33 is $2800, and other shipping companies mainly follow the previous quotations [1] - Shipping companies have adjusted their quotations in the past few days. For example, HPL reduced the price by $200 to $3100 on Tuesday, and MSC reduced the price by $300 to $3340 on Wednesday [1] Seasonal Trends of Freight Rate Indexes - The report presents the seasonal trends of freight rate indexes for multiple routes, including European routes, TCI (East Mediterranean), TCI (West Mediterranean), TCI (East America), TCI (West America), TCI (South - West America), TCI (East Africa), TCI (Persian Gulf), TCI (South Africa), and TCI (West Africa) [1][5]

Report Summary 1) Report Industry Investment Rating No information provided. 2) Core View of the Report Under the suppression of high capacity, as demand gradually enters the off - season, freight rates will be under pressure in the future [1]. 3) Summary According to Related Catalogs EC Futures Contracts - EC2508 closed at 2139.0 with a 1.33% increase, volume of 1302, and a decrease of 329 in open interest [1]. - EC2510 closed at 1468.7 with a 0.60% increase, volume of 66330, and an increase of 4148 in open interest [1]. - EC2512 closed at 1738.0 with a 0.17% increase, volume of 5748, and an increase of 374 in open interest [1]. - EC2602 closed at 1532.0 with a 0.70% increase, volume of 1400, and a decrease of 27 in open interest [1]. - EC2604 closed at 1386.1 with a 1.18% increase, volume of 1782, and an increase of 160 in open interest [1]. - EC2606 closed at 1514.2 with a 0.62% increase, volume of 153, and an increase of 14 in open interest [1]. Month - to - Month Spreads - EC2508 - 2510 spread was 670.3, compared to 651.0 the previous day and 680.4 two days ago [1]. - EC2510 - 2512 spread was - 269.3, compared to - 275.0 the previous day and - 235.0 two days ago [1]. - EC2512 - 2602 spread was 206.0, compared to 213.7 the previous day and 196.8 two days ago [1]. Spot and Index Data - SCHIS on 2025/7/28 was 2316.56, with a - 3.50% decrease from the previous period [1]. - SCFI on 2025/7/25 was 2090 dollars/TEU, with a 0.53% increase from the previous period [1]. - CCFI (European Line) on 2025/7/25 was 1787.24, with a - 0.90% decrease from the previous period [1]. - NCFI on 2025/7/25 was 1422.9, with a - 1.20% decrease from the previous period [1]. - TCI on 2025/7/18 was 1054.56, with a - 0.75% decrease from the previous period [1]. European Line Supply and Demand - In August and September (temporarily), the average weekly capacity is 325,000 and 324,000 TEU respectively. The capacity in week32/33/34/35 is 330,000, 305,000, 350,000, and 316,000 TEU respectively, with high capacity pressure, especially in the second half of August [1]. - There is a transfer of capacity from the US line to the European line in the schedule. Supported by the minimum cargo volume of shipping companies, the loading rate of shipping companies in late July was not under great pressure. There is still some support from the minimum cargo volume in the first half of August, with MSK having good cargo intake and OA and PA being relatively average. Overall, the cargo volume is gradually weakening and entering the off - season [1]. Recent European Line Quotation - Downstream is currently booking space for early August (week31 - 32). The price remained stable in July, around 2400 points. In week32 of August, it landed at about 3300 dollars (equivalent to 2300 points). MSK quoted 2800 dollars for week33, and other shipping companies mainly followed the previous quotes [2]. Week33 Changes - On Tuesday, HPL reduced the price by 200 to 3100 dollars. MSK opened at 2800 dollars and then raised it to 2860 dollars [3]. - On Wednesday, MSC reduced the price by 300 to 3340 dollars, and OOCL reduced the price by 200 to 3200 - 3300 dollars [3]. Related News - On 7/31, the Israeli Ministry of Foreign Affairs rejected the Canadian Prime Minister's statement about planning to recognize the State of Palestine, stating that Canada's change of stance at this time is a reward for Hamas [4]. - On 7/31, a US White House official said that Trump believes recognizing the State of Palestine would be a reward for Hamas and he does not think they should be rewarded [4]. - On 7/31, Trump announced a trade agreement with South Korea, including a 15% tariff and a 350 - billion - dollar investment [4].

Report Summary 1. Report Industry Investment Rating - Not provided in the given documents 2. Core View of the Report - The current prices of EC contracts on the container shipping index (European line) futures show a mixed trend. The opening price of the futures was low today mainly because Maersk's new - week opening quotes continued to decline, dragging down the valuation of near - month contracts. The market is relatively cautious about far - month contracts due to uncertainties such as Sino - US tariffs and the Middle East situation. Looking ahead, the overall EC may still show a slightly downward oscillating trend, and the results of the new round of Sino - US negotiations can be monitored [1]. 3. Summary by Relevant Content EC Risk Management Strategy - For those with full capacity or poor booking volume and worried about falling freight rates, they can short the container shipping index futures (EC2510) at 1800 - 1900 to lock in profits [1]. - For those who want to book cabins according to orders and are worried about rising freight rates, they can buy the container shipping index futures (EC2510) at 1350 - 1450 to determine booking costs in advance [1]. Market Situation of EC Contracts - As of the close, the prices of EC contracts showed mixed trends. For the EC2510 contract, long positions decreased by 308 to 26,146, short positions decreased by 16 to 31,521, and trading volume decreased by 11,589 to 54,713 (bilateral) [1]. Factors Affecting the Market - **Likely Positive Factor**: Netanyahu stated that Israel will continue to fight until hostages are released and Hamas is defeated, and will cooperate with international organizations and Western countries to ensure aid to Gaza [2]. - **Negative Factor**: Maersk's new - week European line opening quotes were lower than the previous week [2]. EC Basis and Price Changes - **Basis Changes**: On July 30, 2025, the basis of EC2508 was 205.56 points, with a daily increase of 72.20 points and a weekly increase of 54.76 points; for EC2510, the basis was 856.56 points, with a daily increase of 42.80 points and a weekly increase of 4.06 points [2]. - **Price Changes**: On July 30, 2025, the closing price of EC2508 was 2111.0 points, with a daily decline of 3.31% and a weekly decline of 6.17%; the closing price of EC2510 was 1460.0 points, with a daily decline of 2.85% and a weekly decline of 5.68% [4]. Container Shipping Spot Quotes - On August 14, Maersk's 20GP opening quote from Shanghai to Rotterdam decreased by $60 compared to the previous week, and 40GP decreased by $100. Currently, they have rebounded to $1705/TEU and $2850/FEU respectively. In mid - August, Evergreen's 20GP total quote from Shanghai to Rotterdam decreased by $100 compared to the same period, and 40GP decreased by $200 [6]. Global Freight Rate Index - The latest value of SCFIS for the European route was 2316.56 points, a decrease of 83.94 points (-3.50%) from the previous value; the latest value of SCFIS for the US - West route was 1284.01 points, a decrease of 17.8 points (-1.37%) [7]. Global Major Port Waiting Times - On July 29, 2025, the waiting time at Hong Kong Port was 1.987 days, a decrease of 0.377 days from the previous day; the waiting time at Shanghai Port was 1.049 days, an increase of 0.156 days from the previous day [12]. Ship Speed and Number of Waiting Ships - On July 29, 2025, the average speed of 8000 + container ships was 15.912 knots, an increase of 0.119 knots from the previous day; the number of container ships waiting at the Suez Canal port anchor increased by 8 to 19 compared to the previous day [21].

2025年7月30日 集运日报 (航运研究小组) 部分班轮公司小幅下调运价,多空博弈下盘面涨跌互现,不建议继续加仓,设置好止损。 | SCFIS、NCFI运价指数 | | | --- | --- | | 7月28日 | 7月25日 | | 上海出口集装箱结算运价指数SCFIS（欧洲航线）2400.50点，较上期下跌0.9% | 宁波出口集装箱运价指数NCFI（综合指数）1110.57点，较上期下跌3.26% | | 上海出口集装箱结算运价指数SCFIS（美西航线）1301.81点，较上期上涨2.8% | 宁波出口集装箱运价指数NCFI（欧洲航线）1422.9点，较上期下跌1.20% | | 7月25日 | 宁波出口集装箱运价指数NCFI（美西航线）1120.51点，较上期下跌5.19% 7月25日 | | 上海出口集装箱运价指数SCFI公布价格1592.59点，较上期下跌54.31点 | 中国出口集装箱运价指数CCFI（综合指数）1261.35点，较上期下跌3.2% | | 上海出口集装箱运价指数SCFI欧线价格2090USD/TEU, 较上期上涨0.53% | | | 上海出口集装箱运价指数SCFI美西航线 ...