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Xeneta unveils XSI Public Indices, reports on ocean freight developments
来源: 编辑:编辑部 发布:2018/12/01 09:26:37
XENETA has launched its new Xeneta Shipping Index (XSI) Public Indices report that offers a detailed overview of the world's busiest tradelanes, allowing users to gauge regional developments and track trends for key container shipping markets.
The XSI Public Indices utilises the Oslo-based company's database of 85 million contracted freight rates to deliver a unique monthly snapshot of long-term rate developments in the container shipping industry.
Last June Xeneta, an ocean freight rate benchmarking and market intelligence platform, rolled out the full version of the XSI index-linked contracting product which enables cargo buyers and sellers to gain real-time intelligence of market developments, meaning they can tie rates to the market. This results in fair rates, optimal value for shippers, forwarders and carriers, the company said.
Said XSI Public Indices CEO Patrik Berglund: "The XSI Public Indices provide an industry wide snapshot, taking the pulse of the long-term contracted market to deliver insights on the latest developments and cast light on the highly complex, fast-moving ocean freight sector."
The November report shows an increase in the global XSI Index of 0.7 per cent, reversing the downward rates trend seen over the last three months.
The European import market is helping drive the positive change, with the index up 1.6 per cent year on year, while the export measure fell 0.1 per cent. The US imports XSI held firm month on month, while the export index climbed 3.1 per cent. The Far East sees a marginal decline of 0.1 per cent relating to imports, while the exports XSI rose 0.4 per cent.
The XSI Public Indices utilises the Oslo-based company's database of 85 million contracted freight rates to deliver a unique monthly snapshot of long-term rate developments in the container shipping industry.
Last June Xeneta, an ocean freight rate benchmarking and market intelligence platform, rolled out the full version of the XSI index-linked contracting product which enables cargo buyers and sellers to gain real-time intelligence of market developments, meaning they can tie rates to the market. This results in fair rates, optimal value for shippers, forwarders and carriers, the company said.
Said XSI Public Indices CEO Patrik Berglund: "The XSI Public Indices provide an industry wide snapshot, taking the pulse of the long-term contracted market to deliver insights on the latest developments and cast light on the highly complex, fast-moving ocean freight sector."
The November report shows an increase in the global XSI Index of 0.7 per cent, reversing the downward rates trend seen over the last three months.
The European import market is helping drive the positive change, with the index up 1.6 per cent year on year, while the export measure fell 0.1 per cent. The US imports XSI held firm month on month, while the export index climbed 3.1 per cent. The Far East sees a marginal decline of 0.1 per cent relating to imports, while the exports XSI rose 0.4 per cent.