The Ningbo Containerized Freight Index was developed by the Ningbo Shipping Exchange and approved by the Baltic Exchange. It tracks weekly movements in containerized freights from Ningbo-China.
Routes and Changes
- Europe: +9.20%
- West Mediterranean: +17.39%
- East Mediterranean: +0.70%
- Middle East: -4.88%
Ports Served
- Europe: Hamburg, Rotterdam
- West Mediterranean: Barcelona, Valencia, Genoa
- East Mediterranean: Piraeus, Istanbul
- Middle East: Dammam, Dubai
Contributing Companies
Some of these notable contributors are CCL Logistics, Headwin Logistics, and Ningbo E-union Group among others.
Surcharges
- Included: Port charges (Bunker), emergency bunker, currency adjustment, peak season, war risk, port congestion, and canal fees.
- Not Included: Terminal cost, security cost, origin cost, inland point intermodal cost, booking fee, and customs clearance cost.The index gives business partners an overview of different routings, modifications, shipping firms, and additional fees associated with international shipping.
Did you subscribe to our daily Newsletter?
It’s Free! Click here to Subscribe
Source: Ningbo
