The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s freight rates for the international container shipping market, stood at 3,862.6 points in August, up 8.6 percent compared with the previous month. The NCFI is issued weekly by the Ningbo Shipping Exchange, located in the Ningbo-Zhoushan port in east China’s Zhejiang …

The post China Ningbo Containerized Freight Index up 8.6 pct in August first appeared on Hellenic Shipping News Worldwide. Source