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Intra‑Asia Container Market Heats Up as Rates Peak
Intra-Asia freight indexes are at near peak levels, signaling strong demand, leading regional carriers to invest roughly US$1 billion in new ships as they see continued market opportunity. According to reporting from The Loadstar, the May 15th Shanghai Containerized Freight Index (SCFI) for Shanghai–Southeast Asia trades climbed sharply, with rates up 31% year‑over‑year. Drewry’s