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The Ningbo-Europe route saw the sharpest weekly decline, falling by 5.19% compared to the previous week.
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All major routes, including the West Mediterranean, East Mediterranean, and Middle East, recorded decreases in spot box rates.
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The Ningbo Containerised Freight Index (NCFI), compiled using transactional data from key logistics providers, continues to serve as a crucial market barometer.
Weekly Freight Index Overview (as of April 25, 2025)
| Route | 25-04-2025 | 18-04-2025 | Weekly Change (%) |
|---|---|---|---|
| Ningbo – Europe | 796.14 | 839.73 | -5.19% |
| Ningbo – West Mediterranean | 1300.18 | 1326.75 | -2.00% |
| Ningbo – East Mediterranean | 986.84 | 1004.51 | -1.76% |
| Ningbo – Middle East | 836.22 | 854.12 | -2.10% |
The Ningbo Containerised Freight Index is published weekly by the Ningbo Shipping Exchange and promoted by the Baltic Exchange. Reports are released every Friday at 16:00 (Beijing time), except on Chinese holidays.
Port Destinations Covered per Route
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Ningbo – Europe: Hamburg, Rotterdam
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Ningbo – West Mediterranean: Barcelona, Valencia, Genoa
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Ningbo – East Mediterranean: Piraeus, Istanbul
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Ningbo – Middle East: Dammam, Dubai
Data Contributors
The index is based on real transactional data provided by:
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CCL Logistics Co
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Headwin Logistics Co., Ltd
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Ningbo E-Union Group of China
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Zhejiang Xinggang International Freight Co., Ltd
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Perfectever Logistics (Ningbo) Co., Ltd
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Ningbo Jet Express International Freight Forwarding Co., Ltd
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Dashing International Logistics
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Huanji International
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De Well Group
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Whale Logistics Co., Ltd
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Sinotrans Ningbo Logistics Co., Ltd
Surcharge Components
Included in Ocean Freight:
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Bunker Adjustment Factor (BAF) / Fuel Adjustment Factor (FAF) / Low Sulphur Surcharge
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Emergency Bunker Surcharge (EBS) / Emergency Bunker Additional (EBA)
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Currency Adjustment Factor (CAF) / Yen Applicability Surcharge
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Peak Season Surcharge (PSS)
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War Risk Surcharge
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Port Congestion Surcharge
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Suez Canal and Panama Canal Surcharges
Not Included in Ocean Freight:
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Terminal Operation Fee
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Security Charge
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Origin Receiving Charges
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Inland Point Intermodal Charges (IPI)
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Booking Fee
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Customs Clearance
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Source: Baltic Exchange
