Thursday, November 29, 2012

[Marine] China's new shipping indices

China's new shipping indices

Shanghai Shipping Exchange (SSE) launches China’s first bulker and tanker indices today, called CDFI and CTFI respectively.

The dry assessment is based on data from charterers, brokers and shipowners, SSE president Zhang Ye told the South China Morning Post.

"China owns the world's largest shipping capacity and is one of the world's biggest dry bulk consumers … so we hope to provide an index that focuses on China's market," he said.

The tanker assessment will focus on two VLCC crude import routes, expanding to more than five next year.



Published : November 28, 2012


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