Compiled by: Ningbo Shipping Exchange, promoted by the Baltic Exchange
Frequency: Reported weekly, Fridays at 1600 (Beijing time), except on Chinese holidays, reports Baltic Exchange.
| 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 |
Index Components
| ROUTE | PORT SERVED |
| Ningbo- Europe | Hamburg & Rotterdam |
| Ningbo – West Mediterranean Barcelona | Valencia & Genoa |
| Ningbo – East Mediterranean | Piraeus & Istanbul |
| Ningbo – Middle East | Dammam & Dubai |
Transactional Data Providers
The index is based on transactional data submitted by the following companies:
- 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
Surcharges included in the total ocean freight reported are:
- Bunker adjustment factor/ fuel adjustment factor/ low sulfur surcharge
- Emergency bunker surcharge/ emergency bunker additional
- Currency adjustment factor/ Yen application 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
Surcharges not included in the total ocean freight reported are
- 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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