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China's Export Container Shipping Index Rises

China's Export Container Shipping Index Rises
blog image
Maritime

China's Export Container Shipping Index Rises

In the week ending November 24, China's export container shipping index increased, with the average China Containerized Freight Index (CCFI) rising by 0.5 percent from the previous week to 876.74, according to the Shanghai Shipping Exchange. The sub-index for the Korea service saw the most significant week-on-week rise of 4 percent, while the sub-reading for the Mediterranean service recorded the sharpest decrease of 0.9 percent. The CCFI tracks spot and contractual freight rates at Chinese container ports for 12 shipping routes globally, reflecting trends in the container shipping industry.



SOURCE: GOOGLE


27 Nov 23
blog image
Maritime

China's Export Container Shipping Index Rises

In the week ending November 24, China's export container shipping index increased, with the average China Containerized Freight Index (CCFI) rising by 0.5 percent from the previous week to 876.74, according to the Shanghai Shipping Exchange. The sub-index for the Korea service saw the most significant week-on-week rise of 4 percent, while the sub-reading for the Mediterranean service recorded the sharpest decrease of 0.9 percent. The CCFI tracks spot and contractual freight rates at Chinese container ports for 12 shipping routes globally, reflecting trends in the container shipping industry.



SOURCE: GOOGLE


27 Nov 23
blog image
Maritime

China's Export Container Shipping Index Rises

In the week ending November 24, China's export container shipping index increased, with the average China Containerized Freight Index (CCFI) rising by 0.5 percent from the previous week to 876.74, according to the Shanghai Shipping Exchange. The sub-index for the Korea service saw the most significant week-on-week rise of 4 percent, while the sub-reading for the Mediterranean service recorded the sharpest decrease of 0.9 percent. The CCFI tracks spot and contractual freight rates at Chinese container ports for 12 shipping routes globally, reflecting trends in the container shipping industry.



SOURCE: GOOGLE


27 Nov 23