Easter buzz, Taiwanese carriers' explosive growth...and grief
…
Fed up with the Shanghai Containerised Freight Index (SCFI)? Try the Ningbo Containerised Freight Index (NCFI) instead – although we’re sorry to report that it doesn’t make any happier reading for carriers. Today the Ningbo-North Europe route is showing $190 per teu, $41 less than the SCFI. Perhaps that’s because the NCFI is taken from a panel of 11 freight forwarders, rather than the 15 carriers and 15 shippers the SCFI is derived from. It is also intriguing that the development is a joint-venture involving London’s Baltic Exchange – it dry bulk BDI is used by economists as a core indicator of the state of the global economy, and it would be nice to see the container shipping occupy a similar role.
'Mass-casualty incident' as Maersk box ship destroys Baltimore bridge
Shock for CMA CGM as a deputy CEO decides to quit
Diversions from Red Sea proving a real ‘silver lining’ for carriers
Could the Dali have suffered a power loss before bridge crash?
Asia-Europe carriers revise FAK rates in fight to rein in revenue erosion
Strike paralysing Finnish ports extended after talks collapse
Indian Customs to auction uncleared export boxes at Nhava Sheva
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article