The Ningbo Containerised Freight Index (NCFI) provides a weekly composite index covering the rates for 20ft, 40ft, and Hi Cube containers. This index is compiled by the Ningbo Shipping Exchange and is promoted by the Baltic Exchange. The NCFI is updated every Friday at 16:00 Beijing time, except during Chinese holidays.
Weekly Rate Summary
| Route | 12-07-2024 | 05-07-2024 | Weekly change (%) |
| Ningbo – Europe | 3726.07 | 3561.24 | 4.63 |
| Ningbo – West Mediterranean | 3435.69 | 3421.40 | 0.42 |
| Ningbo – East Mediterranean | 2572.04 | 2605.96 | -1.30 |
| Ningbo – Middle East | 1654.49 | 1801.49 | -8.16 |
Port Routes Served
| Route | Port Served |
| Ningbo – Europe | Hamburg & Rotterdam |
| Ningbo – West Mediterranean | Barcelona, Valencia & Genoa |
| Ningbo – East Mediterranean | Piraeus & Istanbul |
| Ningbo – Middle East | Dammam & Dubai |
Data Contributors
The NCFI is based on transactional data submitted by the following logistics companies:
- 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
Included Surcharges
The following surcharges are 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 application surcharge
- Peak season surcharge
- War risk surcharge
- Port congestion surcharge
- Suez Canal transit fee / surcharge / Suez Canal fee / Panama Canal surcharge / Panama Canal charge
Excluded Surcharges
The following surcharges are not included in the total ocean freight reported:
- Terminal operation fee
- Security charge
- Origin received charges
- Inland point intermodal
- Booking fee
- Customs clearance
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Source: Baltic Exchange
