Shanghai Shipping Exchange: Favorable news this week supports the export container shipping market, most route freight rates have risen.

According to the Shanghai Shipping Exchange, this week, the Chinese export container shipping market was supported by the favorable news of the "trade war", and the demand for related shipping routes has significantly recovered. Most of the ocean shipping routes saw an increase in freight rates, driving the comprehensive index higher. On May 16, the Shanghai Shipping Exchange released the Shanghai Export Container Comprehensive Freight Index, which was 1479.39 points, an increase of 10.0% from the previous period.