Shanghai Shipping Exchange: North American shipping market supported by favorable news, market booking is active.
According to the Shanghai Shipping Exchange, this week, the container shipping market for Chinese exports has improved, with overall stable transportation demand. Most routes have seen an increase in market rates, driving up the comprehensive index. 
In the European routes, transportation demand remains stable, with market rates continuing to rise. In the North American routes, the US has suspended the 301 investigation measures against China in the maritime, logistics, and shipbuilding industries for a year. China has also suspended corresponding countermeasures. This has boosted the transportation market, with active bookings and rising rates.
In the Persian Gulf routes, transportation demand is steadily increasing, leading to higher market rates. In the Australia-New Zealand routes, transportation demand is improving, with current booking prices on the rise. In the South American routes, transportation demand growth is weak, leading to an imbalance in supply and demand, and market rates are adjusting.
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