ACCORDING to the Shanghai Shipping Exchange, China's index of export container transport experienced a decline during the week ending on June 30, reports Xinhua.
The average China Containerised Freight Index (CCFI) dropped 2.6 per cent compared to the previous week, reaching a value of 895.72, as reported by the shipping exchange.
However, there was a notable exception to this trend, as the sub-index for the Australia/New Zealand service recorded a week-on-week increase of 1.6 per cent.
The CCFI serves as a tracking measure for spot and contractual freight rates from Chinese container ports, encompassing 12 shipping routes worldwide. The data utilized in the index is sourced from 22 international carriers.
SeaNews Turkey
The average China Containerised Freight Index (CCFI) dropped 2.6 per cent compared to the previous week, reaching a value of 895.72, as reported by the shipping exchange.
However, there was a notable exception to this trend, as the sub-index for the Australia/New Zealand service recorded a week-on-week increase of 1.6 per cent.
The CCFI serves as a tracking measure for spot and contractual freight rates from Chinese container ports, encompassing 12 shipping routes worldwide. The data utilized in the index is sourced from 22 international carriers.
SeaNews Turkey