Core Insights - The overall Chinese export container shipping market remains stable, with a slight decline in the composite index due to varying supply-demand fundamentals across different long-distance routes [1] Summary by Category European Route - Strong transportation demand has led to an increase in spot market booking prices [1] North American Route - Transportation demand remains stable, but market freight rates continue to decline [1] Persian Gulf Route - Geopolitical conflicts have largely ceased, resulting in a stabilizing effect on the transportation market [1] Australia-New Zealand Route - Transportation demand is steadily improving, with a solid supply-demand balance driving an increase in spot market booking prices [1] South American Route - Continued stable growth in transportation demand and favorable supply-demand dynamics have resulted in rising market freight rates [1]

Core Viewpoint - The export container shipping market in China is experiencing a recovery in demand, supported by favorable news related to the "tariff war," leading to an increase in freight rates across most ocean routes [1]. Group 1: Market Performance - The Shanghai Export Container Freight Index reached 1479.39 points on May 16, reflecting a 10.0% increase compared to the previous period [1]. - The overall increase in freight rates has contributed to a rise in the comprehensive index, indicating a positive trend in the export container shipping market [1]. Group 2: Demand Factors - The recovery in demand for shipping services is attributed to favorable developments in the ongoing tariff conflict, which has positively impacted shipping routes [1]. - Most ocean routes are witnessing an uptick in transportation demand, suggesting a broader recovery in international trade activities [1].