Ningbo Containerised Freight Index
Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Baltic Exchange.
Ningbo Shipping Exchange
Route
2022-1-21
2021-1-14
Weekly change (%)
Ningbo - Europe
5868.99
5903.18
-0.58
Ningbo - West Mediterranean
5838.69
5830.32
0.14
Ningbo - East Mediterranean
4573.66
4557.74
0.35
Ningbo - Middle East
3471.53
3647.43
-4.82
The weekly Ningbo Containerised Freight Index...
Shipping Rates Remain at Peak Levels Despite Uncertainty
All-inclusive container shipping rates from North Asia to North America held steady in the week to Jan. 21 as canceled sailings to counterbalance a pocket of weaker demand around February's Lunar New Year holiday...
[Podcast] Any Box Will Do: Heightened Risk In Times Of Market Crisis
Buoyed by the development of vaccines, 2021 promised a return to ‘normal’. The logistics industry has continued to operate at full capacity and beyond. The last year presented multiple challenges to every aspect of...
First Order of Newbuild Methanol Fueled Engine
The technology group Wärtsilä has received its first order for newbuild methanol-fueled engines. A new Offshore Wind Installation Vessel (WIV) being built for Dutch contracting company Van Oord at Yantai CIMC Raffles shipyard in...
Gibson Tanker Report – Conventional or Dual Fuel?
Decarbonisation talk appears to be everywhere nowadays – on a government level and in a plethora of industries. Last year saw several international agreements reached during COP26 as well as European Union proposals to...
Annual Vaccine Shot Effective Than Frequent Boosters, Says Pfizer CEO
Countries are experimenting with more frequent boosters as the omicron variant spreads.
Pfizer CEO Albert Bourla says, however, that one annual shot would be better.
The third dose of an mRNA vaccine has...
Dangerous To Assume Omicron To Be The Endgame, Warns WHO
Tedros warns against lurching between 'panic and neglect'
Pandemic in third year, with nearly 6 million dead
More variants likely to follow Omicron, WHO warns
The head of the World Health Organization (WHO) warned...
LNG Imports Plunged Yet Again!
In December, India's monthly LNG imports fell again compared to the previous year, while prices remained high as reported by LNG Prime.
LNG imports
LNG imports fell by 4.9% in December, to 2.61 billion cubic metres,...
TCE Index Launched For LNG-Fueled Newcastlemaxes
According to a study commissioned by industry coalition SEA/LNG and the Society for Gas as a Marine Fuel (SGMF), using LNG as a marine fuel could help cut GHG emissions by 21% compared...
The Day After Russia Attacks
Despite a flurry of meetings in recent weeks, the United States, NATO, Ukraine, and Russia have not moved any closer to a diplomatic solution or a reduction of tensions on the Ukrainian-Russian border.
...