Agreement on data indexes
By Amber Jee |
December 1, 2015, Tuesday
|
Print Edition
Print Edition
SHANGHAI Shipping Exchange yesterday signed a deal with Shanghai Clearing House for the latter to use indexes from the exchange to calculate the global transport costs of containers shipped from Shanghai and the cost of ferrying coal by sea in China. The two bodies aim to support shipping companies during times of price fluctuation and raise the global influence of Chinese indexes.
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