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March 2021 XSI Cover

March 2021 Issue (PDF)

The global XSI ® continued to increase in Mar-21, rising by a further 2.2% to 134.75 points. This takes the total increase reported in the index since Oct-20 to 20.5%. Meanwhile, year-on-year the benchmark is up 17.1% and has increased by 18.6% since the end of 2020.

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XSI™ Public Indices Content

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:

  • Global index
  • Far East indices (import/export)
  • Europe indices (import/export)
  • US Indices (import/export)


  • Rates pulled from Xeneta’s ocean freight platform of +200MN contracted rates
  • Rates delivered from freight forwarders and shippers
  • Based on long-term contracts only
  • Indices based on an aggregation of trade-weighted corridors
  • Indices rates surcharges are based on all-in CY/CY pricing methodology
  • Global index is a combination of worldwide trade-weighted corridors not limited to US, Europe and Far East indices


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.