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Valencia Containerised Freight Indexcontinues to rise in February and grows by 6 83%

Valencia Containerised Freight Indexcontinues to rise in February and grows by 6.83% The Valencia Containerised Freight Index (VCFI) has registered in February an increase of 6.83% over the previous month and stands at 1,678.60 points, the highest figure since the start of the historical series in January 2018. The dynamism of maritime traffic since September 2020 is causing a shortage of empty containers in the market that makes it difficult to book spaces on vessels and increase freight rates. In addition, the fuel price growth that started at the end of last year is also influencing. At this juncture, all but one of the areas analyzed by the VCFI have increased freight rates in this second month of the year.

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