WITH the Shanghai Containerised Freight Index (SCFI) unable to publish because of the coronavirus outbreak, only the Ningbo Containerised Freight Index (NCFI) was able to report a cumulative decline last week of eight per cent on the week.
Hong Kong's Freightos Baltic Index (FBX) from China to north Europe posted four per cent decline to US$1,758 per FEU and a one per cent drop for Mediterranean ports to $2,333 per FEU, reported London's Loadstar. From China to the US the Freightos posted a one per cent drop for to the US west coast to $1,486 per FEU, and another one per cent drop to the US east coast to $2,830 per FEU.
WORLD SHIPPING
Hong Kong's Freightos Baltic Index (FBX) from China to north Europe posted four per cent decline to US$1,758 per FEU and a one per cent drop for Mediterranean ports to $2,333 per FEU, reported London's Loadstar. From China to the US the Freightos posted a one per cent drop for to the US west coast to $1,486 per FEU, and another one per cent drop to the US east coast to $2,830 per FEU.
WORLD SHIPPING