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History. The Freightos International Freight Index was first launched as a weekly freight index in early 2017. The Freightos Baltic Index has been in wide use since 2018. It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
Mediterranean Shipping Company S.A, branded as MSC, is an international shipping line founded by Gianluigi Aponte in Italy in 1970. The company is owned by the Aponte family with its headquarters in Switzerland since 1978. [5] It is the world's largest container shipping company by both fleet size and cargo capacity, [6] controlling about 19.7 ...
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996.
5,000 (2017) Parent. CMA CGM. Website. apl .com. A 40 ft APL container. American President Lines, LLC ( APL, formerly American President Lines Ltd. ), is an American container shipping company that is a subsidiary of French shipping company CMA CGM. It operates an all-container ship fleet, including nine U.S. flagged container vessels.
The new operator of a refrigerated freight train warehouse south of the Tri-Cities shut down abruptly this week amid reports its private equity partner withdrew funding.
Freight rate. A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
Baltic Dry Index 1985 - 2022. The Baltic Dry Index ( BDI) is a shipping freight-cost index issued daily by the London -based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
Shanghai Shipping Freight Exchange is the first electronic shipping freight exchange in the world. It has three lines of businesses, including International Dry Bulk, Domestic Coastal Coal, and International Container. The container freight derivatives were launched in 2011 and shortly became the most liquid container freight contracts.
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