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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)

Methodology 

  • 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

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.