Compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange, the weekly Ningbo Containerized Freight Index provides a comprehensive overview of container shipping rates, reports Baltic Exchange.
Index Overview
Published every Friday at 1600 (Beijing time), excluding Chinese holidays.
| Route | 26-01-2024 | 19-01-2024 | Weekly change (%) |
| Ningbo – Europe | 1889.98 | 2037.12 | -7.22 |
| Ningbo – West Mediterranean | 2318.73 | 2529.93 | -8.35 |
| Ningbo – East Mediterranean | 1895.69 | 2010.77 | -5.72 |
| Ningbo – Middle East | 1212.85 | 1369.98 | -11.47 |
| Route | Port Served |
| Ningbo – Europe | Hamburg & Rotterdam |
| Ningbo – West Mediterranean | Barcelona, Valencia & Genoa |
| Ningbo – East Mediterranean | Piraeus & Istanbul |
| Ningbo – Middle East | Dammam & Dubai |
Contributing Companies
Transactional data is sourced from key players in the industry, 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
Container Types Covered
Encompasses 20ft, 40ft, and Hi Cube box rates.
Reported Surcharges (Included in Total Ocean Freight)
- 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
Surcharges Not Included in Total Ocean Freight
- Terminal operation fee
- Security charge
- Origin received charges
- Inland point intermodal
- Booking fee
- Customs clearance
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Source: Baltic Exchange
