It should have come as a surprise to the liner managers in the container
shipping industry is that the CoFIF has been rallying since China is back from
its national holidays. As the liner managers are struggling to sell $1,000/FEU
to their customers in current round of 2024 contract negotiation. There are
buyers in CoFIF markets willing to pay something like $1,300-1,500/FEU for
shipments embarking between April and December next year.
But most of the liner managers do not know CoFIF.
The two