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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 ...
A full container load (FCL) [77] is an ISO standard container that is loaded and unloaded under the risk and account of one shipper and one consignee. In practice, it means that the whole container is intended for one consignee. FCL container shipment tends to have lower freight rates than an equivalent weight of cargo in bulk.
China Containerized Freight Index (also known as Chinese Containerized Freight Index or Shanghai Containerised Freight Index), a type of economic transport shipping index. See Container Freight Swap Agreement
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.
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 of TEUs counted. [1]
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).