The Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, provides a weekly composite index covering 20ft, 40ft, and Hi-Cube box rates for various routes, reports Baltic Exchange.
The index is updated every Friday (except Chinese holidays) at 1600 (Beijing) and includes surcharges such as bunker adjustment factor, fuel adjustment factor, and currency adjustment factor.
| Route | 01-03-2024 | 23-02-2024 | Weekly change (%) |
| Ningbo – Europe | 1556.03 | 1726.41 | -9.87 |
| Ningbo – West Mediterranean | 1975.91 | 2125.81 | -7.05 |
| Ningbo – East Mediterranean | 1602.86 | 1744.54 | -8.12 |
| Ningbo – Middle East | 1315.16 | 1376.47 | -4.45 |
| 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 Providers
- 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 Included in Reported Ocean Freight
- Bunker adjustment factor
- Fuel adjustment factor
- Low sulfur surcharge
- Emergency bunker surcharge
- Currency adjustment factor
- Peak season surcharge
- War risk surcharge
- Port congestion surcharge
- Suez Canal transit fee/surcharge
- Panama Canal surcharge
Surcharges Not Included in Reported Ocean Freight
- 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
Normally I do not read article on blogs however I would like to say that this writeup very forced me to try and do so Your writing style has been amazed me Thanks quite great post