The SCFI and CCFI have slipped by 70% and 50% respectively since their 2024 peaks, but Linerlytica’s Charter Rate Index (CRI) has continued to rise throughout this period. The CRI to CCFI ratio has reached a record high of 318%, but charter rates and second hand prices show no signs of weakening as carriers continue to chase after tonnage in an early warning that capacity management remains elusive.
The mid-October rate hikes are unlikely to succeed given the lack of capacity cuts even as the m