Korea Containerized Freight Index Leave a comment
Introduction
The basic port of Korea is BUSAN, INCHON, KUNSAN, KWANGYANG, POHANG, PYEONGTAEK, ULSAN.
The introduce of Four Containerized Freight Index: CCFI, SCFI, NCFI and TSI.
CCFI
CCFI refer to China (Export) Containerized Freight Index. CCFI objectively shows the container transport market and bridges China’s shipping market to the world circle, which provides well-founded information to decision-makers of various shipping and trade enterprises as well as the governmental agency in charge of macro-economic regulation and control, thus attracting great attention of mass media and the related research and consulting institutes.
SCFI
SCFI refer to Shanghai Export Containerized Freight Index. The SCFI reflects the spot rates of Shanghai export container transport market. It includes both freight rates (indices) of 13 individual shipping routes and a composite index.
NCFI
NCFI refer to NingboContainerizedFreightIndex. Ningbo Containerized Freight Index (NCFI) is used to objectively reflect the fluctuation of freight rates of international container shipping market by calculating and recording the container freight rates change information of 21 routes departing from Ningbo-Zhoushan port, including composite Index and 21 Indexes of branch routes.
TSI
TSI refer to Tianjin Shipping Index. Tianjin Shipping Index (TSI) is a comprehensive index reflecting the freight rate level of the shipping market in Tianjin and Northern China. It is the result of comprehensive calculation of TCI, TBI and TDI.