Baltic Exchange Reports Weekly Composite Index (09-02-2024 vs. 02-02-2024)
Route | 09-02-2024 | 02-02-2024 | Weekly change (%) |
Ningbo – Europe | 1849.15 | 1854.22 | 0.27 |
Ningbo – West Mediterranean | 2120.55 | 2143.25 | 1.06 |
Ningbo – East Mediterranean | 1730.34 | 1761.34 | 1.76 |
Ningbo – Middle East | 1247.40 | 1214.85 | -2.68 |
Route | Port Served |
Ningbo – Europe | Hamburg & Rotterdam |
Ningbo – West Mediterranean | Barcelona, Valencia & Genoa |
Ningbo – East Mediterranean | Piraeus & Istanbul |
Ningbo – Middle East | Dammam & Dubai |
Index Information
Compiled by: Ningbo Shipping Exchange
Promoted by: Baltic Exchange
Reporting Schedule: Every Friday (except Chinese holidays) at 1600 (Beijing)
Basis
Transactional data submitted by various companies including 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
- Bunker adjustment factor/ fuel adjustment factor/ low sulphur surcharge
- Emergency bunker surcharge/ emergency bunker additional
- Currency adjustment factor/ Yen applica 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
- Terminal operation fee
- Security charge
- Origin received charges
- Inland point intermodal
- Booking fee
- Customs clearance
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Source: Baltic Exchange