国际航运运价指数的计算（Calculation of international shipping tariff index）.doc

国际航运运价指数的计算（Calculation of international shipping tariff index） First, the introduction of the Baltic Exchange and freight index (I) background of the Baltic Exchange; The Baltic Exchange is the worlds first and oldest shipping market. From 1744 was born in the United States of the cafe at Virginia is located in London of the world famous shipping exchange, it has developed into the worlds most famous international shipping, ship trading market self-discipline. 656 companies from around 46 countries have become members of the Baltic Exchange, with about 1400 employees representing the company trading on the exchanges. The Baltic naval Exchange began in 1985 released a price index ---BFI (BALTIC FREIGHT INDEX), the index is composed of a plurality of traditional dry bulk freight routes, according to the comprehensive index of their importance in the shipping market and the proportion. The establishment of the index was 1000 points in January 4th, by 13 routes of voyage charter freight, cargo each kind of small to large to 14 thousand tons of fertilizer, 120 thousand tons of coal, no timecharter route. Over the years, in order to meet the diversified demands of the market, which routes BFI after several adjustments, with separate time charter flights, the average level of each type can basically represent the spot market of each type time charter flights. Especially in 1999 September 1st, the Baltic Exchange will reflect the original Panama ship and ship Cape of Good Hope BFI index decomposition into BCI and BPI two index, and this has set up a Handymax ship freight index BHI is composed of three ship freight index, index of routes to reach 24. In November 1st of the same year, BDI replaced BFI on the basis of BCI, BPI and BHI, and became a barometer of the international dry bulk transportation market. (two) the relevant provisions on the calculation and publication of the freight index; The Baltic Exchange has very strict rules on the calculation of the freight index