Container freight futures experienced a 2.5% decline today after a rebound yesterday. Despite this, container equities in Asia and Europe are performing strongly, with companies like Wan Hai, Evergreen, and Yang Ming seeing increases of 2-3%. ZIM Integrated Shipping Services Ltd. (ZIM) opened with a 4% increase, surpassing $17, and continued to rally, achieving nearly a 10% gain with above-average trading volume. The company's short interest spiked by 50% during its post-earnings slide, reaching the highest level since mid-May. Goldman Sachs reported that managed money shorts jumped $2bn from August 27th to September 3rd alongside a 6% drop in price. Additionally, the Drewry World Container Index saw a significant 13% decrease this week, bringing the cost of shipping a container from Shanghai to New York to $4,168 per 40ft box. Meanwhile, Navios Maritime Partners L.P. (NMM) disclosed approximately 50,000 additional share repurchases and issued a new management agreement, contributing to a new 9+ year high for the stock.