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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).
Global Container Freight Index, July 2019 – August 2022. In 2021, as a consequence of the COVID-19 pandemic and, later, the ongoing 2022 Russian invasion of Ukraine, global supply chains and shipments slowed, causing worldwide shortages and affecting consumer patterns. Causes of the economic slowdown included workers becoming sick with COVID ...
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.
The U.S. Import and Export Price Indexes measure average changes in prices of goods and services that are imported to or exported from the U.S.. The indexes are produced monthly by the International Price Program (IPP) of the Bureau of Labor Statistics. The Import and Export Price Indexes were published quarterly starting in 1974 and monthly ...
When demand is higher than capacity, carriers have the negotiating power for rates. Outbound Tender Volumes (OTVI.USA) are on a 6-week upward trajectory after spending most of 2019 below 2018 levels.
The 150th anniversary of the shipping forecast was on 24 August 2017. [7] Between 30 March 2020 and 5 July 2020, as a result of emergency rescheduling because of the COVID-19 pandemic, the number of bulletins a day was reduced to three, at 00:48, 05:33, and either 12:03 (weekdays) or 17:54 (weekends). [8] [9]
Worldscale is a unified system of establishing payment of freight rate for a given oil tanker's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship.
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