Port News & Information Mediterranean, Black & Caspian Seas
Source: PortSEurope

Cost of export freight from Valencia to the Far East falls 22.1% in October

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It is the sixth consecutive month that freight rates with the Asian market have decreased The Valencia Containerized Freight Index (VCFI) in October stood at 4,424.11 points, which represents a drop of -7.1% compared to September This decrease has been shared by all the areas that make up the VCFI. In the Western Mediterranean the reduction is 1.14%…

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