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The Shanghai Shipping Exchange's November 13 container freight assessment shows the SCFI composite falling 61.12 points to 3,572.33, a weekly decline of 1.68%. Shanghai-to-U.S. East Coast rates dropped $470 to $9,387 per 40-foot container, while U.S. West Coast rates declined $270 to $7,111. In contrast, Mediterranean rates increased $226 to $3,619 per 20-foot container, a gain of 6.66%. Separately, Drewry's November 13 cancelled-sailings tracker projects 52 blank sailings out of 716 scheduled services across major East-West trades between November 16 and December 21, representing approximately 7% of planned departures.
U.S. Freight Rates Retreat.
The Mediterranean Breaks Higher.
Two consecutive weeks of composite declines
The composite is an index measured in points, not a price quoted in dollars per container.
Combined two-week change: −115.02 points, or approximately −3.12%.
Down from $9,857 the previous Friday, a decline of 4.77%.
Up from $3,393 the previous Friday, an increase of 6.66%.
52 planned sailing cancellations in the next five weeks
Drewry's separately released November 13 tracker covers 716 scheduled services on major East-West trades from November 16 through December 21.
Eight Trade Lanes Tell Eight Different Stories.
Drewry's rolling cancellation outlook
Each report projects five weeks ahead; the windows change between editions.
Spot and broader freight indices diverge
Both readings were released for November 13 by the Shanghai Shipping Exchange.
The CCFI includes spot and longer-term freight arrangements across China's export market. The SCFI measures Shanghai export spot freight. Their index levels are not directly comparable.
Approximately 26 of the 52 cancellations, derived from Drewry's rounded trade share.
Approximately 16 planned omissions from Asia to North America.
Approximately 10 planned omissions in the latest rolling outlook.
Spot Rates Fall.
But What Happens If Your Sailing Is Cancelled?
Booking and delay assumptions
The market assessment is preloaded. All shipment quantities, exposure percentages, delay costs and future price movements are adjustable assumptions.
Difference from the previous assessment's baseline freight budget, incorporating any hypothetical delay-related charges.
All containers at November 6's rate plus any contract offset.
Includes market movement, new charges and assumed cargo disruption.
Today's modeled budget plus the chosen next-week rate change.
Derived solely from the selected cargo-delay share.
Cost movement breakdown
Methodology and model limitations
Freight baseline: Containers × (previous SCFI route rate + contract offset). Weekly rate effect: Containers × index-linked share × pass-through fraction × (current rate − previous rate).
Disruption calculation: Delayed containers = total containers × assumed delayed share. Holding expenses equal delayed containers multiplied by extra days and unit holding cost. Advanced mode separately adds rerouting premiums, handling and cargo capital carrying costs, then subtracts selected recovery credits.
Next-week sensitivity: The current SCFI route rate is multiplied by the assumed percentage change and by the same effective repriced container count. All other modeled charges are held constant. It does not forecast next week's published SCFI.
Container dimensions: The U.S. East and West Coast assessments are per 40-foot container (FEU). The other selected routes are per 20-foot container (TEU). This calculator models the quoted size for the selected route; it does not convert a 20-foot index price into a 40-foot contract rate.
Critical separation: Drewry's 52 cancellations concern a five-week schedule forecast, not a cargo delay probability, the share of containers rolled or an observed financial loss. SCFI rates include certain ocean surcharges, so extra amounts should be entered only when separate from the assessed rate. Shipper-specific contract terms, cargo characteristics and booking dates can produce different outcomes.
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