Shanghai Shipping Exchange said heat in southern China and rising downstream procurement, together with a typhoon that left vessels delayed at the Yangtze River estuary and reduced turnover efficiency, have tightened available capacity and firmed shipowners' pricing. The China coastal (dry-bulk) composite freight index closed at 1,158.33 on July 17, up 7.9% from the previous reading.

2026-07-18

Shanghai Shipping Exchange said heat in southern China and rising downstream procurement, together with a typhoon that left vessels delayed at the Yangtze River estuary and reduced turnover efficiency, have tightened available capacity and firmed shipowners' pricing. The China coastal (dry-bulk) composite freight index closed at 1,158.33 on July 17, up 7.9% from the previous reading.