Ningbo Shipping Exchange
The index covers 20ft, 40ft, and Hi Cube box rates is compiled by the Ningbo Shipping Exchange and promoted by the Baltic Exchange.
| Route | 19-01-2024 | 12-01-2024 | Weekly change (%) |
| Ningbo – Europe | 2037.12 | 2219.04 | -8.20 |
| Ningbo – West Mediterranean | 2529.93 | 2747.88 | -7.93 |
| Ningbo – East Mediterranean | 2010.77 | 2238.50 | -10.17 |
| Ningbo – Middle East | 1369.98 | 1505.14 | -8.98 |
Release Schedule
Updated every Friday at 1600 (Beijing time), excluding Chinese holidays.
| 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 reputable companies, 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
Reported Ocean Freight Includes Various Surcharges
Included in the total ocean freight reported are surcharges such as
- Bunker adjustment factor/fuel adjustment factor/low sulfur 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
- Excluded Surcharges from Total Ocean Freight
Certain surcharges are not included in the total ocean freight reported, namely
- 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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