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Feb 2021 XSI Cover

February 2021 Issue (PDF)

The global XSI ® continued its rise in Feb-21, jumping by a further 9.6% month-on-month to 131.82 points. The index is now substantially higher than at any time since its inception and coincides with significant increases across many trades.

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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.