• FBX
  • -
  • $3423
  • 0.89%
  • FBX01
  • -
  • $4889.2
  • 0.61%
  • FBX02
  • -
  • $414.8
  • 6.91%
  • FBX03
  • -
  • $6763.8
  • 2.66%
  • FBX04
  • -
  • $638
  • 4.93%
  • FBX11
  • -
  • $4587
  • -2.34%
  • FBX12
  • -
  • $960.2
  • 3.54%
  • FBX13
  • -
  • $5802.4
  • 0.77%
  • FBX14
  • -
  • $1243.2
  • 0.11%
  • FBX21
  • -
  • $537
  • 0.9%
  • FBX22
  • -
  • $1723.6
  • 16.51%
  • FBX24
  • -
  • $791.2
  • -5.49%
  • FBX26
  • -
  • $1770.4
  • 1.05%

Global Freight Pricing & Market Rate Intelligence Trends

FBX13: CHINA/EAST ASIA TO MEDITERRANEAN

The FBX13 global ocean freight container pricing index measures 40′ container prices across key port pairs from China/East Asia to the Mediterranean. This index is created and maintained in collaboration with the Baltic Exchange. Key ports in the index include Shanghai (PVG) and Ningbo (NGB) in China and Barcelona (BCN) and Piraeus (PIR) in the Mediterranean.

This tradelane has been around from the time of the Silk Roads, though modern trade flows often utilize the Suez Canal. The Port of Piraeus in Greece is one of the key gateways for trade between Asia and Southern Europe.

Used by 40,000+ supply chain professionals
FBX13
China/East Asia to Mediterranean

Current FBX

$5,802.40

Volatility

3.77 %

Freightos terminal is relied on by logistics professionals at companies like

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China/East Asia to Mediterranean recent shipping events: congestion, labor strikes, & more

  • Energy
    Medium
    December 22, 2022

    High energy prices hurting rail and intermodal operators in France could lead to halting of services.

  • Market Changes
    Low
    December 6, 2022

    Slight increase in Asia-Europe demand, possibly due to loosening COVID restrictions.

  • Market Changes
    Medium
    November 30, 2022

    Empty containers building up in China as a result of decreasing demand.

View more key events

Estimated average transit time from China/East Asia to Mediterranean

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Frequently Asked Questions

Which ports are included in FBX13?

China/East Asia Ports: Mediterranean Ports:
CNNGB – Ningbo
CNSHA – Shanghai
CNYTN – Yantian
HKHKG – Hong Kong
JPUKB – Kobe
KRPUS – Busan S. Korea
SGSIN – Singapore
TWKHH – Kaohsiung Taiwan
VNVUT – Vung Tau
EGPSD – Port Said
ESALG – Algeciras
ESBCN – Barcelona
ESVLC – Valencia
FRFOS – Marseilles/Fos Sur Mer
GRPIR – Piraeus
ILASH – Ashdod
ITGIT – Gioia Tauro
ITGOA – Genova
ITSPE – La Spezia
MTMAR – Malta Freeport
TRAMR – Ambarli
TRIZT – Izmit

How is FBX13 calculated?

Prices used in the index are rolling short term Freight All Kind (FAK) spot tariffs and related surcharges between carriers, freight forwarders and high-volume shippers. Index values are calculated by taking the median price for all prices (to ignore the influence of outliers on active lanes) with weighting by carrier. 50 to 70 million price points are collected every month. The daily freight rate index is published in a “sliding window” containing the relevant data that are effective and not expired from 00:00 UTC on the day before publication to 24:00 UTC on the day of publication, meaning 48 hours in total starting from 00:00 yesterday. Only rates created or modified within the last 3 months and valid during those 48 hours will be included (in practice on most trade lanes rates are volatile and almost all rates are much newer than 3 months). Rates are calculated at 06:00 UTC and published at 14:00 UTC. The weekly freight index is calculated as an average of the five business days from the same week and published each Friday.

Can I source FBX13 data?

FBX data is available to subscribers on the Freightos website and via Thomson Reuters Eikon or Bloomberg screens. It is also updated weekly on the JOC’s Market Data portal, pulled weekly into TI Insight’s GSCi market intelligence platform. Besides viewing charts, you can download csv files or png charts. If you are a journalist, analyst, or armchair logistics buff, contact [email protected] if you’re interested in a CSV version of data.