NINGBO, Nov. 20 (Xinhua) -- The China Ningbo Containerized Freight Index (NCFI) reported a rise in freight indices in the North Africa route.
The NCFI, reflecting freight rate changes of 21 routes departing from the Ningbo-Zhoushan port, stood at 1,538.9 points on Friday, up 3.8 percent compared with last week.
The sub-index for the route to North Africa stood at 1,168.5 points, up 5.3 percent compared with last week.
According to the Ningbo Shipping Exchange, as market demand is strong, some liner companies began to levy peak season surcharges, and freight rates rose further.
Reported every Friday (except Chinese holidays), the NCFI was first published in September 2013. Enditem
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