S. Korea Introduces Own Container Cargo Index

SEOUL, Nov. 7 (Korea Bizwire) – South Korea announced its maiden container freight index Monday to better reflect shipping rates on Asian routes, the oceans ministry said. The Korea Ocean Business Corporation (KOBC) Container Composite Index (KCCI) stood at 2,892 for the second week of November, according to the Ministry of Oceans and Fisheries In [...]