Market signals that freight rates are about to rise rapidly（Latin America lines）：

①Shanghai/Ningbo/Shenzhen/Qingdao are already overbooked for the schedule before 15/Apr，COSCO have full space in Qingdao till end of April.

②Shenzhen /Shanghai/ Ningbo ports have already experienced shortages of 40GP and 40HC containers.

③ CMA /EMC restricts cargo booking for Chile destinations,ONE restricts cargo booking for WCCA（central America） ports

④MAERSK plans to suspend online SPOT service from middle of April and indicating a container shortage of 150,000 units.