Additional data for 30 departures returned today by our algo and there was
little change, i.e the utilization level for vessels departed this week so far
has been very high.
Spot freight rates as represented by Shanghai Container Shipping Index (SCFI)
has the first up move in a year. SCFI is usually trend sensitive in the way
that if it moves up in one week, the chance of it moving up in the next week is
over 50%. SCFI has published 720 editions since its inception in March 2009. Of
these 720