The increases in freight rate levels appear to be virtually without end. From an overall market perspective, the combined Freightos Baltic Index (FBX) was up 400% at the end of July 2021 versus end-July 2020. And this should be seen in the context that the beginning of 2021 saw the FBX level already up 130% …
The post FBX Index: No short-term easing of rate levels in sight first appeared on Hellenic Shipping News Worldwide.