Freight futures on the Shanghai–North Europe corridor continued their slide, with the benchmark EC2508 contract tumbling 13% week on week. Traders spent much of the period rolling short positions from the soon to expire EC2506 contracts into later maturities, wagering that any near-term firmness arising from the spill over from the Transpacific route would prove transitory as Far East to North Europe now commands the lowest rates among major routes. Average daily volume dropped 38% while open in