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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.
Companies such as the Shanghai Port Container Co. and Waigaoqiao Bonded Zone Port Co. were involved in port of Shanghai. [2] In 2010, Shanghai port overtook the Port of Singapore to become the world's busiest container port. Shanghai's port handled 29.05 million TEU, whereas Singapore's was a half million TEU behind.
The development of China's shipping industry began in 1961 with the establishment of a state-run maritime shipping company. The first significant milestone occurred in September 1973, when the country received its first overseas container at Tianjin Port. This event marked the beginning of containerized shipping in China, leading to the ...
English: Container ship charter rates, 2000-2010, in U.S. dollars per 14-ton-slot per day. Data from page 86 of (UNCTAD) United Nations Conference on Trade and Development (2010) Review of Maritime Transport, 2010 (PDF), New York and Geneva: United Nations ISBN : 978-92-1-112810-9 .
Shanghai Shipping Freight Exchange is the first electronic shipping freight exchange in the world. It has three lines of businesses, including International Dry Bulk, Domestic Coastal Coal, and International Container. The container freight derivatives were launched in 2011 and shortly became the most liquid container freight contracts.
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 ...
China COSCO Shipping Corporation Limited (branded as COSCO Shipping) is a Chinese state-owned multinational marine transportation service conglomerate, headquartered in Shanghai. [3] It was established in January 2016 by the merger between China Ocean Shipping Company and China Shipping Group Company .
English: Container ship prices. Data from pages 56-57 of United Nations Conference on Trade and Development (UNCTAD) (2010) Review of Maritime Transport, 2010 (PDF), New York and Geneva: United Nations ISBN: 978-92-1-112810-9