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Intra‑Asia Container Market Heats Up as Rates Peak
Intra-Asia freight indexes are trending near peak levels, supported by strong demand and reflected in US$1 billion of new vessel orders from regional carriers. 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. In parallel, Drewry’s Intra‑Asia Container Index