Results tagged “china containerised shipping index” from The China Sourcing Blog

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%.

Shipping Freight Index.JPGSource: Shanghai Shipping Exchange