Thumbs up for Valencia index
COMMENT: The Valencia Containerised Freight Index (VCFI) – a new initiative developed by the Valencia Port Authority and the research/study body Valenciaport Foundation – is, according to Aurelio Martinez, president of the Port Authority of Valencia, intended to fill an information gap regarding maritime freight rates for key maritime routes connected to the Mediterranean, and particularly in the first instance for export freight rates from Valencia, writes Mike Mundy.
COMMENT: The Valencia Containerised Freight Index (VCFI) – a new initiative developed by the Valencia Port Authority and the research/study body Valenciaport Foundation – is, according to Aurelio Martinez, president of the Port Authority of Valencia, intended to fill an information gap regarding maritime freight rates for key maritime routes connected to the Mediterranean, and particularly in the first instance for export freight rates from Valencia, writes Mike Mundy.