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The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
Baltic Dry Index 1985 - 2022. The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Shanghai Containerised Freight Index (SCFI, or CCFI - China/Chinese Containerized Freight Index), a type of economic transport shipping index. See Container Freight Swap Agreement Secretaría de Comercio y Fomento Industrial [English: Secretariat of Commerce and Industrial Development], the former name for the Department of Economy in Mexico ...
According to media sources, between 2,000 [102] and 10,000 containers are lost at sea each year. [103] The World Shipping Council states in a survey among freight companies that this claim is grossly excessive and calculated an average of 350 containers to be lost at sea each year, or 675 if including catastrophic events. [104]
The table lists volume in thousands of TEU per year. The vast majority of containers moved by large, ocean-faring container ships are 20-foot (1 TEU) and 40-foot (2 TEU) ISO-standard shipping containers , with 40-foot units outnumbering 20-foot units to such an extent that the actual number of containers moved is between 55%–60% of the number ...
CCFI may refer to: . China Containerized Freight Index (also known as Chinese Containerized Freight Index or Shanghai Containerised Freight Index), a type of economic transport shipping index.
From 2008 to 2009, new container ship prices dropped by 19–33%, while prices for 10-year-old container ships dropped by 47–69%. [64] In March 2010, the average price for a geared 500-TEU container ship was $10 million, while gearless ships of 6,500 and 12,000 TEU averaged prices of $74 million and $105 million respectively. [ 65 ]
The exchange provides daily freight market prices and maritime shipping cost indices which are used to guide freight traders as to the current level of various global shipping markets, as well as being used to set freight contract rates and settle freight futures (known as Forward Freight Agreements or FFAs).