Shipping Freight Update:Container retreated;dry bulk rebounded

Shanghai Containerised Freight Index retreated on weakertrans-Pacific rates after a rebound last week

    BDI rebounded 2% on stronger demand for large vessels

    Buy: Maersk, SITC, OOIL, and Evergreen; Reduce: COSCOShipping, Hapag-Lloyd and Yang Ming; Hold: Pacific Basin