- The Ningbo Containerized Freight Index tracks weekly rates for different routes, showcasing changes in percentages.
- Compiled by the Ningbo Shipping Exchange and backed by the Baltic Exchange, it reports every Friday, focusing on key routes like Europe and the Middle East.
- This index, based on data from multiple logistics companies, includes various surcharges, offering insights into shipping costs.
Ningbo Shipping Exchange
Weekly composite index covering 20ft, 40ft and Hi Cube box rates by
| Route | 22-12-2023 | 15-12-2023 | Weekly change (%) |
| Ningbo – Europe | 787.16 | 712.43 | 10.49 |
| Ningbo – West Mediterranean | 1110.79 | 1036.54 | 7.16 |
| Ningbo – East Mediterranean | 1005.98 | 874.33 | 15.06 |
| Ningbo – Middle East | 1436.66 | 908.60 | 58.12 |
Containerized Freight Index
The weekly Ningbo Containerized Freight Index is compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange.
The index is reported every Friday (except Chinese holidays) at 1600 (Beijing).
| Route | Port Served |
| Ningbo – Europe | Hamburg & Rotterdam |
| Ningbo – West Mediterranean | Barcelona, Valencia & Genoa |
| Ningbo – East Mediterranean | Piraeus & Istanbul |
| Ningbo – Middle East | Dammam & Dubai |
Transactional Data
The Ningbo Containerized Freight Index is based on transactional data submitted by:
- CCL Logistics Co
- Headwin Logistics Co., Ltd
- Ningbo E-Union Group of China
- Zhejiang Xinggang International Freight Co., Ltd
- Perfectever Logistics (Ningbo) Co., Ltd
- Ningbo Jet Express International Freight Forwarding Co., Ltd
- Dashing International Logistics
- Huanji International
- De Well Group
- Whale Logistics Co., Ltd
- Sinotrans Ningbo Logistics Co., Ltd
Surcharges
Surcharges included in the total ocean freight reported:
- Bunker adjustment factor/ fuel adjustment factor/ low Sulphur surcharge
- Emergency bunker surcharge/ emergency bunker additional
- Currency adjustment factor/ Yen applica surcharge
- Peak season surcharge
- War risk surcharge
- Port congestion surcharge
- Suez Canal transit fee/surcharge/ Suez Canal fee/ Panama Canal surcharge/ Panama Canal charge
Surcharges not included in the total ocean freight reported:
- Terminal operation fee
- Security charge
- Origin received charges
- Inland point intermodal
- Booking fee
- Customs clearance
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: Baltic Exchange
Pretty! This has been a really wonderful post. Many thanks for providing these details.