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  • Photo: Port of Valencia

08.02.2021

Artikel Nummer: 35123

VCFI confirms development


The Valencia Containerised Freight Index (VCFI) has begun the new year with a growth of 10.41% in line with the second half of 2019. The demand in the shipping market is also reflected in the low share of the idle fleet, which stands at 1%.

 

In January, all the geographical areas analysed by the index experienced increases in freight rates, in the case of the Western Mediterranean by 3.05% and the Far East by 4.24%.

 

Thus, the VCFI created by the Port Authority of Valencia to reflect the evolution of maritime transport rates reaches 1,571.29 points, accumulating an improvement of 57.13% since the beginning of the series in 2018.

 

One of the factors in the variation of freight rates is to be found in the average price of a barrel of European Brent, which in January has once again recorded an increase of 9.56%, making it three consecutive months on the rise. (cd)

www.valenciaport.com

 

 

 

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