Container freight futures continued to see-saw, as the large drop on 4 March after last week’s 6.2% decline in the SCFIS index was followed by a rebound on 6 March as Maersk’s General Rate Increase (GRI) notice sparked a minor rally. Over the past week, the EC contracts were generally down apart from the April 2025 and February 2026 contracts that traded flat. Average daily trading volumes remained robust, while open interest dropped slightly by 3%.
The forward curve remains optimistic, with Ju