China Containerized Freight Index decreased by 2.99% - to 1133.39 points from February 26 to March 5, 2010, while the European service showed the index rose 1.63%, on the Mediterranean destinations at 0.66%, the Ministry of Communications of PRC statement said.
The China Containerized Freight Index reflects the dynamics of the freight prices on the export container shipments from China to 11 services by16 international shipping companies: CMA-CGM, COSCO Container Lines, China Shipping Container Lines, Hanjin Shipping, Hapag-Lloyd, Kline , Maersk, MOL, NYK, OOCL, P & O Nedlloyd, PIL, Shanghai Hai Hua Shipping, Shanghai Jin Jiang Shipping, Sinotrans Container Lines and SITC Container Lines. The index is calculated separately for each of the destinations, and in general (composite index).
The China Containerized Freight Index reflects the dynamics of the freight prices on the export container shipments from China to 11 services by16 international shipping companies: CMA-CGM, COSCO Container Lines, China Shipping Container Lines, Hanjin Shipping, Hapag-Lloyd, Kline , Maersk, MOL, NYK, OOCL, P & O Nedlloyd, PIL, Shanghai Hai Hua Shipping, Shanghai Jin Jiang Shipping, Sinotrans Container Lines and SITC Container Lines. The index is calculated separately for each of the destinations, and in general (composite index).