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Sept.19. 2016

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48 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 9/2/2016 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 9/2/2016 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 9/2/2016 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 9/2/2016 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 9/2/2016 1/1/2010 7/2/10 $2,833 10/16/09 $1,431 4/22/16 $725 High: Base: Low: To MEDITERRANEAN base ports* PLUNGED 58.7 PERCENT SINCE YEAR-END 2015: The Sept. 2 Mediterranean base port average spot rate was $519 per TEU, sequentially declining $34 or 6.1 percent, and plunging $346, or 40 percent year-over-year. This level was $738 or 58.7 percent below year-end, and $760 or 59.4 percent below its Oct. 16, 2009, base rate of $1,279 per TEU. Comprehensive SCFI* 8.8 PERCENT BELOW YEAR-END 2015: The Sept. 2 SCFI comprehensive reading was 763.06 points, 166.68 points or 27.9 percent above the week before, and 44.09 points or 6.1 percent above a year ago. This index was 73.90 points or 8.8 percent below year-end 2015, and 236.94 points or 23.7 percent below the Oct. 16, 2009, base of 1,000 points. To U.S. WEST COAST base ports* UP 19.9 PERCENT YEAR-OVER-YEAR: The Sept. 2 U.S. West Coast base port average spot rate was $1,746 per FEU, $593 or 51.4 percent above the previous week, $290 or 19.9 percent above a year ago, and $228 or 15 percent above year-end 2015. This index was $315 or 22 percent above its Oct. 16, 2009, base rate of $1,431 per FEU. To U.S. EAST COAST base ports* DOWN 8.6 PERCENT YEAR-OVER-YEAR: The Sept. 2 East Coast base port average spot rate was $2,441 per FEU, $757 or 45 percent above the week before. This index was $114 or 4.5 percent below year-end 2015, and $231 or 8.6 percent below a year ago, but $2 or 0.1 percent above its Oct. 16, 2009, base rate of $2,439 per FEU. To NORTH EUROPE base ports* 23 PERCENT BELOW YEAR-END 2015: The Sept. 2 North Europe base port average spot rate was $949 per TEU, $254 or 36.5 percent above the week before, and $186 or 24.4 percent more than a year ago. This index was $283 or 23 percent below both its year-end 2015 results, and 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. UP 6.1 PERCENT YEAR-OVER-YEAR: The Sept. 2, 2016, SCFI comprehensive reading was 763.06 points, 166.68 points or 27.9 percent above the week before, and up 44.09 points or 6.1 percent year-over-year. SEPTEMBER 19.2016 *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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