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

The resumption of international trade increases the VCFI by 2.18% in November

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The Valencia Containerized Freight Index (VCFI) reached its all-time high, standing at 1,366.03 points – December 4, 2020 The recovery of freight traffic in recent months and the increase in fuel prices have led to an increase in freight rates. The idle fleet stands at 1.1%, presenting the lowest level in recent years. The Far East area…

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