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Aug.22, 2016

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80 THE JOURNAL OF COMMERCE www.joc.com JOC By the Numbers Data selected and prepared by Journal of Commerce Research Editor Marsha Salisbury. She can be contacted at 973-776-7828, marsha.salisbury@ihs.com. 300 600 900 1,200 1,500 1,800 8/5/2016 1/1/2010 7/2/10 1,583.18 10/16/09 1,000.00 3/18/16 400.43 High: Base: Low: $0 $500 $1,000 $1,500 $2,000 $2,500 8/5/2016 1/1/2010 2/26/10 $2,067 10/16/09 $1,279 10/16/15 & 3/18/16 $195 High: Base: Low: $0 $500 $1,000 $1,500 $2,000 $2,500 8/5/2016 1/1/2010 3/5/10 $2,164 10/16/09 $1,232 6/19/15 & 3/18/16 $205 High: Base: Low: $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 8/5/2016 1/1/2010 2/13/15 $5,049 10/16/09 $2,439 12/25/15 $1,448 High: Base: Low: $500 $1,000 $1,500 $2,000 $2,500 $3,000 8/5/2016 1/1/2010 7/2/10 $2,833 10/16/09 $1,431 4/15/16 $725 High: Base: Low: To MEDITERRANEAN base ports* PLUNGED 31.2 PERCENT SINCE YEAR-END 2015: The Aug. 5, 2016, Mediterranean base port average spot rate was $865 per TEU, sequentially plunging $139 or 13.8 percent, although $670 more the record low $195 per TEU of October 16, 2015, matched March 18, 2016. While this index was $14 or 1.6 percent less than a year ago, it was $392 or 31.2 percent below year-end, and $414 or 32.4 percent below its Oct. 16, 2009, base rate of $1,279 per TEU. Comprehensive SCFI* 18.7 PERCENT BELOW YEAR-END 2015: The Aug. 5, 2016, SCFI comprehensive reading was 680.53 points, 64.67 points or 8.7 percent below the week before, and 69.09 points or 9.2 percent below the same period a year ago. Although this index was 280.10 points or 69.9 percent above its record low 400.43 points of March 18, 2016, it was 156.43 or 18.7 percent below year-end 2015, and 319.47 points or 31.9 percent below the Oct. 16, 2009 base of 1,000 points. To U.S. WEST COAST base ports* DOWN 17.2 PERCENT YEAR-OVER-YEAR: The Aug. 5, 2016, U.S. West Coast base port average spot rate was $1,277 per FEU, $552 or 76.1 percent above the $725 per FEU record low of April 22. This index sequentially declined $45 or 3.4 percent, and was down $265 or 17.2 percent year-over-year. This index was $154 or 10.8 percent below its Oct. 16, 2009, base rate of $1,431 per FEU. To U.S. EAST COAST base ports* PLUNGED 36.9 PERCENT YEAR-OVER- YEAR: The Aug. 5, 2016, East Coast base port average spot rate was $1,884 per FEU, $74 or 3.8 percent below the week before, but $436 or 30.1 percent above the record low $1,448 per FEU of Dec. 25. This index was $1,101 or 36.9 percent below a year ago, and $555 or 22.8 percent below its Oct. 16, 2009, base rate of $2,439 per FEU. To NORTH EUROPE base ports* PLUNGED 23.5 PERCENT IN WEEK: The Aug. 5, 2016, North Europe base port average spot rate was $861 per TEU, $264 or 23.5 percent below the week before. While this index was $28 or 3.4 percent more than a year ago, it was $371 or 30.1 percent below its Oct. 16, 2009, base rate of $1,232 per TEU. SCFI - SHANGHAI CONTAINERIZED FREIGHT INDEX n Shanghai export average spot rates for the following four trade lanes are among the 15 component trade lanes in the weekly SCFI — Shanghai Containerized Freight Index produced by the Shanghai Shipping Exchange and weigh 57.5 percent of the SCFI comprehensive reading. PLUNGED 8.7 PERCENT IN WEEK: The Aug. 5, 2016, SCFI comprehensive reading was 680.53 points, 64.67 points or 8.7 percent below the week before, and down 69.09 points or 9.2 percent year-over-year. AUGUST 22.2016 *Indices were not published on the following dates: 2010: Feb. 19, April 30, Sept. 24, Oct. 1 or Oct. 8. • 2011: Feb. 4 or Oct. 7. • 2012: Jan. 27 or Oct. 5. • 2013: Feb. 15 or Oct. 4. • 2014: Oct. 3. • 2015: Feb. 20 or Oct. 2. • 2016: Feb. 12. Base ports defined: U.S. West Coast — Los Angeles/Long Beach/Oakland; U.S. East Coast — New York/Savannah/Norfolk/Charleston; Europe — Hamburg/Antwerp/Felixstowe/Le Havre; Mediterranean Sea — Barcelona Valencia/Genoa/ Naples. The freight rate includes ocean freight and surcharges including BAF/FAF, EBS/EBA, CAF/YAS, PSS, WRS, PCS, SCS/SCF/PTF/PCC. • *Low Sulphur Surcharge (LSS) was included from end of year 2014. Source: Shanghai Shipping Exchange, www1.chineseshipping.com.cn/en/indices/scfinew.jsp

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