Weekly composite index covering 20ft, 40ft and Hi Cube box rates says an article published in Baltic Exchange.
Ningbo Shipping Exchange
| Route | 2022-3-4 | 2022-2-25 | Weekly change (%) |
| Ningbo – Europe | 5337.42 | 5437.37 | -1.84 |
| Ningbo – West Mediterranean | 5475.51 | 5544.72 | -1.25 |
| Ningbo – East Mediterranean | 4434.75 | 4460.10 | -0.57 |
| Ningbo – Middle East | 3057.76 | 3102.03 | -1.43 |
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).
| Route | Port Served |
| Ningbo – Europe | Hamburg & Rotterdam |
| Ningbo – West Mediterranean | Barcelona, Valencia & Genoa |
| Ningbo – East Mediterranean | Piraeus & Istanbul |
| Ningbo – Middle East | Dammam & Dubai |
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
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: Baltic Exchange
