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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

Monday, 10 April 17
THE CAPE INDEX WAS DOWN BY 16.32% WEEK OVER WEEK
COALspot.com: The Freight market was steady week over a week except for Cape. The cape index was down 16.32 percent week over week. The Baltic ...


Friday, 07 April 17
INDONESIAN GOVERNMENT DECLARED SPOT COAL PRICES STAGE FIRST INCREASE OF THE YEAR
COALspot.com: Indonesian government declared coal benchmark price rose slightly in April, government data showed. The benchmark price of Indon ...


Friday, 07 April 17
U.S WEEKLY COAL OUTPUT ALMOST FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.5 million short tons ...


Thursday, 06 April 17
PANAMAX: THE MARKET HAS CONTINUED THE FIRM SENTIMENT FROM LAST WEEK IN BOTH HEMISPHERES - FEARNLEYS
Supramax With holidays in Asia, the week has started very slow in Pacific. Some fixtures have still been done and levels have remained quite stab ...


Wednesday, 05 April 17
THE AVERAGE SECOND HAND PANAMAXES AND CAPES PRICES FOR A 5-YR OLD VESSEL HAS INCREASED MORE THAN 19% AND 20% RESPECTIVELY M/M - INTERMODAL
With the help of what so far appears to be a very strong grain season together with the fact that imports from China have remained so far robust in ...


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