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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).
According to Drewry’s World Container Index (WCI), spot rates on the Shanghai-New York leg were down 3% week on week, to $5,761 per 40ft, but Shanghai-Los Angeles was down 5% week on week to $5,071 per 40ft. The Xeneta XSI transpacific route also declined 2.5% to $5,489 per 40ft.
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.
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck , ship , train , aircraft ), the weight of the cargo, and the distance to the delivery destination.
Leasing business accounted for 55% of new container purchases in 2017, with their box fleet growing at 6.7%, compared to units of transport operators growing by just 2.4% more TEU, said global shipping consultancy Drewry in their 'Container Census & Leasing and Equipment Insight', leading to a leased share of the global ocean container fleet ...
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).
What is a PieCaken? PieCaken is an 8-inch round pie and cake dessert invented by Zac Young in 2015. The three layer mash-up dessert has several seasonal flavors, including:
2002: [9] Container port traffic and container terminal throughput; 2003: [10] Developments in African trade and maritime transport; 2004: [11] Developments in Asian trade and maritime transport. 2005: [12] Developments in Latin American and Caribbean trade and maritime transport; 2006: [13] Sub Saharan Africa; 2007: [14] Asia; 2008: [15] Latin ...
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