China Containerised Freight Index - November
The following table illustrates the China Containerised Freight Index (CCFI) which reflects the China container transportation market. It shows that the latest CCFI is 980.11, 1.04% higher than in October. Of all the shipping lines, the index for the MEDITERRANEAN SERVICE is the highest (1577.16), increasing by 4.72% from October. The lowest is 524.42 for the KOREA SERVICE, and this dropped by 3.38% from October.
The MEDITERRANEAN SERVICE has indicated the strongest growth, however, at 4.72%, while the growth of the SOUTH AFRICA/SOUTH AMERICA SERVICE was 2.26%, the lowest growth rate. The indexes of Shipping Lines like KOREA SERVICE, E/C AMERICA SERVICE, JAPAN SERVICE, W/C AMERICA SERVICE, WEST EAST AFRICA SERVICE and HONGKONG SERVICE all declined. The drop in the KOREA SERVICE was particularly severe, decreasing by 3.38%. The HONGKONG SERVICE fell by the smallest rate, namely 0.20%.
Source: Shanghai Shipping Exchange
The MEDITERRANEAN SERVICE has indicated the strongest growth, however, at 4.72%, while the growth of the SOUTH AFRICA/SOUTH AMERICA SERVICE was 2.26%, the lowest growth rate. The indexes of Shipping Lines like KOREA SERVICE, E/C AMERICA SERVICE, JAPAN SERVICE, W/C AMERICA SERVICE, WEST EAST AFRICA SERVICE and HONGKONG SERVICE all declined. The drop in the KOREA SERVICE was particularly severe, decreasing by 3.38%. The HONGKONG SERVICE fell by the smallest rate, namely 0.20%.
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