The Ningbo Containerised Freight Index (NCFI) for January 25, 2024, showed mixed trends across various shipping routes.
Rates increased on routes to Europe and the Mediterranean due to higher demand and limited vessel space, while rates to North America and the Middle East saw declines driven by overcapacity and weaker demand.
The report includes detailed tables tracking rate changes across 21 specific routes, reflecting the complex dynamics in global container shipping.
| Route | 24-01-2025 | 17-01-2024 | Weekly change (%) |
| Ningbo – Europe | 1446.87 | 1480.60 | -2.28 |
| Ningbo – West Mediterranean | 2009.94 | 2011.52 | -0.08 |
| Ningbo – East Mediterranean | 1556.26 | 1572.89 | -1.06 |
| Ningbo – Middle East | 832.24 | 870.97 | -4.45 |
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Source: Baltic Exchange
