XINDE MARINE NEWS
China's export container transport gains momentum in August xinde marine news 2018-09-10 15:24


China's container transport for export purposes gained momentum in August, according to data from the Shanghai Shipping Exchange.
 
The average China Export Containerized Freight Index stood at 830.22 points in August, up 1.2 percent from a month earlier, as the market was in a "traditional peak season," the exchange said in a statement.
 
Since the beginning of this year, the index averaged 803.45, lower than an average of 820.47 last year.
 
In August, the sub-indices for the United States, Australia and New Zealand, Europe, and Japan all rose to different extents, the data showed.
 
The China Export Containerized Freight Index was first released by the exchange in April 1998 as a barometer of the export shipping market.
 
China's export rose 7.9 percent year-on-year in August, higher than 6 percent in July. Total export in the first eight months rose 5.4 percent, customs data showed Saturday.
 
Sources:chinadaily

Please Contact Us at:

admin@xindemarine.com


展开全文

Related Posts

BIMCO Shipping Number of the Week: Coal shipments to China fall 10% with further decline on the

BIMCO2026-01-16

Ningbo Containerized Freight Index Weekly Commentary: Capacity Input Exceeds Demand, Fares on Most Ro

NINGBO SHIPPING EXCHANGE2026-01-12

Greek Shipowners Warn of a Hidden Crisis in the Container Market: Forced to "Adapt", Not to Innov

xinde marine news2026-01-12

Shipyard capacity surges but relocation will increasingly take centre stage

MSI2026-01-12

BIMCO Shipping Number of the Week: Suez Canal transits still 60% down 100 days after the last Houthi

BIMCO2026-01-08

Ningbo Containerized Freight Index Weekly Commentary: Freight Rates on Most Shipping Routes have Incr

NINGBO SHIPPING EXCHANGE2026-01-06