At the end of 11, China export container transportation market demand continued downward. Despite recentefforts to strengthen the capacity of ship business contraction, but is an utterly inadequate measure of demand onend. In the short term, the market confidence carriers, market price continued to fall, and are intensifyingcompared with last week. In November 29th, Shanghai Shipping Exchange issued to reflect the spot marketShanghai container export price index for 996.52 points, down 4.1% last week; China export container freight indexreflect the overall market for 1066.22 points, the basic flat with last week.

European route, although carriers frequently take and class, withdrawal line short-term capacity of regulatory measures, but due to the current market is shipped off-season, shipping average space utilization rate was only able to maintain in 80%~85%, part of the voyage more than 80%. Carriers of the recent market obvious lack of confidence, some carriers this week booking price once again fell below the $1000 /TEU. In November 29th, Chinaexported to European line freight rate index for 1374.49 points, down 1.1% compared with last week. Recently several carriers launched in mid December price plan, individual or quasi - $800 /TEU.

North American routes, transportation demand into "free period", the Spanish American, Eastern Route cargotrend continued decline. In carriers capacity plan and supporting low winter Lanhuo strategy, Spanish American,eastern route this week shipping average space utilization ratio are maintained at about 90%. In November 29th,Shanghai exported to the Spanish American, eastern airline market freight (shipping and shipping surcharge) for $1768, $3005 /FEU /FEU, respectively, fell last week 4.4%, 4.6%. In view of the recent transport of falling demand,supply and demand sides of the game further strengthened, further increasing downward pressure on market freight rate. In order to safeguard stability rate, cross the Transpacific Stabilization Agreement (TSA) program in December 20th and January 15th next year the upregulation of Asia to American line freight rate hike in December 20th, $200 /FEU raised $300 in January 15th, the next year /FEU. TSA introduction, although prices in November 15th for the route to success, but the line freight rate "is still significantly lower than the sustainable level".

ANZ route, end of the Christmas shipment transportation market demand, the recent substantial landslide.Although the Asian Australian freight agreements Organization (AADA) capacity planning support ship routecontraction average space utilization rate remained at around 95%, but this failed to produce a clear the market price support, market price decline the previous week further amplification. In November 29th, Shanghai exported to Australia and New Zealand basic port market freight (shipping and shipping surcharge) $942 /TEU, down 8.4% last week, fell 2.5 percentage points compared with last week to further deepen.

The Persian Gulf, the overall market confidence to the original plan to price 12 month executive produced great impact: most carriers price plans fell through, and individual and stick to the price plan carriers or is under $100/TEU, than the original plan /TEU $200 discount. Bidirectional factors, this week market price subdued, but from the ship at present is only about 80% of the average space utilization rate performance, bearish mood stilldominate the market price trend. In November 29th, China exported to wave red line freight rate index for 931.24 points, down 1.2% compared with last week.

South American routes, near Christmas, the shipper shipping will not strong. However last month successive rounds of price increases for the carriers to vacate the adjustment space, and the maintenance of stability of theshipping average berth utilization ratio, is about 95%. Due to the current market price is fair, plus the volume ofpoor performance, most carriers will be 12 month price plan execution until mid December. In November 29th,Shanghai exported to South America basic port market freight (shipping and shipping surcharge) $1832 /TEU,down 1.5% last week.

Japan route, the volume of the market this week, remained stable, Shanghai port shipping average space utilization rate remained at around 80%, the market price fell slightly. In November 29th, Chinese exported to Japanroute freight index for 799.18 points, down 1.2% compared with last week.