Nothing describes an uninspired week for the New Con Tex Index better than an 0,5% reduction

In the week ending Sep-15, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

This week was not characterized by the most overwhelming activity at the chartering markets. Operators on the lookout for tonnage are trying as best as possible

In the week ending Sep-08, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

The New ConTex has lost 1.3% this week and continues its losing streak. All sizes are in red again and this is certainly in line

One can only marvel at the abysmal difference between current freights and those of last year.

Not unexpectedly the New Con Tex continued the trend of the recent weeks and did further decrease on a Week-on-Week basis by 1,2%

In the week ending Aug-18, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

This week showed only a marginal decline of the New ConTex by 0.9%, compared to a drop of over 11% on a month-on-month basis.

In the week ending Aug-11, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

The fall of the NEW CONTEX has slightly slowed down but 693 points mark another 2% decrease compared to one week ago

In the week ending Aug-04, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

The NEW CONTEX continues its fall, loosing again 20 points since last week. The container charter market continues to weaken, with the fall in charter rates

In the week ending Jul-28, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

The NEW CONTEX continued its downward spiral this week, as it dropped by 40 points, bringing the overall total to 727 points.