Ocean Freight Long-Term Contract Market
The global XSI ® rose by an additional 11.1% in April to 294.44 points. This represents the third consecutive month-on-month increase after a temporary decline reported at the start of 2022. Compared to the equivalent period last year, the index is up by 109.9% and has increased by 19.1% since the end of 2021.
The monthly XSI® Public Indices report gives an indication of the global market movements in the container shipping industry focusing on the long-term market for the biggest regions in the world:
Disclaimer: Xeneta does not recommend price setting on this market report as it is based on an aggregation of trade-weighted uncorrelated corridors. If you are interested in index-based contracting, we recommend our XSI® index-linked contracting product. For more information, please contact us.