Cosco: March international liner shipping rates the lowest in 5 years
"Transparency, integrity, responsibility, equity-listed companies-Tianjin area online collective open day" events were held Thursday,
Cosco Chief Financial Officer Deng Huangjun said that first quarter of 2016, continued weakness in the demand for container transport market overall still showed a trend of supply and demand imbalance, freight rates and the overall downward trend. In mid-March 2016, a major international shipping route freight rates are near 5-year low. A quarter of China's export container freight index (CCFI) average of 739 points, down to 30.2%
