Average container freight rates for Chinese exports have dropped 28 percent since the start of the year, posting the worst first quarter development of the past twenty years.

#BIMCO #ChinaContainerizedFreightIndex #CCFI #freightrates #China #shipping
Average container freight rates for Chinese exports have dropped 28 percent since the start of the year, posting the worst first quarter development of the past twenty years. #BIMCO #ChinaContainerizedFreightIndex #CCFI #freightrates #China #shipping
Container freight rates from China down 28%, worst Q1 in twenty years
"Should volume growth falter & ships return to normal routings in Red Sea area, 2019 levels may soon be within sight."
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