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Thursday, 13 July 17
BELT AND ROAD SHIPPING INDICES OFFICIALLY RELEASED - XINHUA
Belt and Road shippingCOALspot.com: The Shanghai Shipping Exchange (SSE) Tuesday officially launched the Belt and Road shipping indices to track freight trade data among countries involved after a two-year trial, China’s Xinhua News Agency reported.

According to Xinhua, the indices include a Belt and Road trade index, a Belt and Road freight volume index, and a Maritime Silk Road freight index.

"The Belt and Road Initiative or the Silk Road Economic Belt and the 21st Century Maritime Silk Road was proposed by Chinese leadership in 2013 to build trade and infrastructure links along ancient overland and maritime Silk Road routes, connecting countries in Asia, Europe, Africa, and Oceania", Xinhua said.

As quoted by Xinhua, SSE President Zhang Ye said the Belt and Road will lead China's opening-up efforts and the shipping industry keeps tabs on trade volume and freight rates. The indices will boost market transparency.


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Recent News

Wednesday, 12 July 17
COAL HAS CONTINUED A STELLAR RUN OVER THE PAST YEAR GAINING ~10% OVER THE PAST QUARTER AND ~41% OVER THE PAST YEAR - LINOS KOGEVINAS
Having just passed the second quarter of 2017, it is interesting to take a look at the performance of the commodity market and how certain commodit ...


Monday, 10 July 17
A ROLLERCOASTER YEAR FOR COAL PRICES; ICPR ROSE 4.62% M/M
COALspot.com: Indonesian coal benchmark price rose 4.62% in July, government data showed. The benchmark price of Indonesian thermal c ...


Monday, 10 July 17
THE FREIGHT MARKET WAS SHOWS A NEGATIVE TREND WEEK OVER WEEK
COALspot.com: The Freight market decline this past week compared to the previous week, as BDI and Cape indexes show a negative trend week over week ...


Friday, 07 July 17
SHOULD WE BE AVOIDING GENERAL AVERAGE? - ALEX KEMP
KNOWLEDGE TO ELEVATE Calls for general average to be abolished are nearly as old as the regime itself. A representative of Lloyd’s atten ...


Friday, 07 July 17
EIA ESTIMATES SHOW U.S WEEKLY COAL PRODUCTION UP 1.7 PERCENT
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.9 million short tonn ...


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