Container freight futures have seen significant movement today, initially opening flat but later rising by 3-5% across all contracts. By mid-morning, the futures were up over 10%. This surge is attributed to concerns over potential strikes, which could cause a ripple effect across the supply chain and lead to another spike in container rates. ZIM Integrated Shipping Services Ltd. (ZIM) has been particularly strong, with its stock rising over 8% and trading above $22 on 1.7 times its usual volume. Meanwhile, the broader shipping sector in Europe experienced mixed performance, with tankers and dry bulk down by 1-2%, and car carriers down by 2%. However, Maersk saw a 1% increase. The Baltic Dry Index rose to 1999, with the Capesize index increasing to 27,162, Panamax index to 13,968, and Supramax index to 14,446. Forward Freight Agreements (FFAs) were up over 2%, indicating a strong day for shipping equities overall.