Asia trade drives container freight derivatives

Containing shipping costs


Container transportation has emerged as one of the fastest-growing segments of the global freight industry during the past couple of decades, particularly trades to and from China. From the mid-1990s to 2008, container freight traffic tripled to 136 million 20-foot equivalent units (TEUs), valued at $137 billion, according to the Singapore Exchange (SGX). Asian container traffic is projected to account for 68% of the world container exports and 56% of world container imports by 2015, according

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