Ningbo Containerised Freight Index

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Weekly composite index covering 20ft, 40ft, and Hi-Cube box rates says an article published in Baltic Exchange.

Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.

Route2021-12-32021-11-26Weekly change (%)
Ningbo – Europe5509.985567.05-1.03
Ningbo – West Mediterranean5324.175433.98-2.02
Ningbo – East Mediterranean4248.014274.60-0.62
Ningbo – Middle East3474.103332.154.26

 

Containerized Freight Index

The weeklyNingbo Containerised Freight Index is compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange.

The index is reported every Friday (except Chinese holidays) at 1600 (Beijing).

RoutePort Served
Ningbo – EuropeHamburg & Rotterdam
Ningbo – West MediterraneanBarcelona, Valencia & Genoa
Ningbo – East MediterraneanPiraeus & Istanbul
Ningbo – Middle EastDammam & Dubai

 

Ningbo Containerised Freight Index

The Ningbo Containerised Freight Index is based on transactional data submitted by:

  • 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

Surcharges 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 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

Surcharges 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

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