Typhoon Muifa is forecast to hit the Chinese port of Shanghai and Ningbo, on September 14, likely to be another blow to Shanghai's logistics market after the March-to-June lockdown.

The Shanghai Container Freight Index (SCFI) is down 10% from the previous week and down nearly 19% in the past 14 days.

Sea-Intelligence warns of an increasing risk of an empty container surplus, with the number of excess containers in North America to be forecasted at 4.3 million TEUs next year.

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 36/2022.

Logistics in Vietnam is developing strongly, but the connection in the logistics market is still fragmented.

Profits of the global container shipping industry continued to increase to a record in the second quarter of 2022, estimated at $63.7 billion, according to Blue Alpha Capital.

The New Contex charter index in Hamburg fell 3.2% last week, falling below 3,000 points for the first time since January with 1,100 and 1,700 TEU vessels suffering the most.

Spot rates on most major container shipping routes have fallen sharply year-on-year and are forecast to fall further in the next few weeks.

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 35/2022.