CHINA's index of export container transport declined in the week ending on June 2, according to the Shanghai Shipping Exchange, reports Xinhua.
The average China Containerised Freight Index (CCFI) went down 0.8 per cent from the previous week to 930.97, according to the shipping exchange.
The sub-index for the west east Africa service registered a decrease of 4.7 per cent week to week.
Bucking the trend, the sub-reading for the Australia/New Zealand service increased by four per cent from a week earlier.
The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe based on data from 22 international carriers.
The index was set at 1,000 on January 1, 1998.
SeaNews Turkey
The average China Containerised Freight Index (CCFI) went down 0.8 per cent from the previous week to 930.97, according to the shipping exchange.
The sub-index for the west east Africa service registered a decrease of 4.7 per cent week to week.
Bucking the trend, the sub-reading for the Australia/New Zealand service increased by four per cent from a week earlier.
The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe based on data from 22 international carriers.
The index was set at 1,000 on January 1, 1998.
SeaNews Turkey