Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Baltic Exchange partners with Freightos to launch container shipping indices

Baltic Exchange partners with Freightos to launch container shipping indices
The Baltic Exchange and digital container freight platform Freightos are launching a global container freight index.

The Baltic Exhange is adding to its dry bulk, tanker and gas carrier indexes with a container shipping index by auditing and republishing the Freightos International Freight Index.

The Freightos Baltic Indices, including the headline FBX Global Container Index was announced at Singapore Maritime Week.

Read all the news from Singapore Maritime Week on our dedicated Live From Singapore Maritime Week 2018 page

The Freightos International Freight Index reflects weekly spot rates for 40-foot containers based on 12 to 18 million price points collected every week on 12 main shipping trade lanes. The FBX will be a weighted average of the 12 routes and desiged set the stage for the launch of derivative financial instruments. The Baltic Exchange is owned by the Singapore Exchange which has a strong position in the clearing dry commodities and dry bulk freight derivatives.


Read more on the Baltic Exchange

Baltic Exchange to develop LNG shipping index

Baltic Exchange dropping handysize bulkers from BDI


“By offering our robust auditing methodology to the FBX, we hope to provide the framework for the container shipping industry to develop sophisticated risk management tools,” said Mark Jackson, chief executive of the Baltic Exchange.

Freightos Founder and ceo Zvi Schreiber said, “We're incredibly proud to drive more efficiency to the container freight market, cannot think of a stronger partner than the Baltic Exchange and the Singapore Exchange, and are looking forward to the future financial instruments that this index unlocks."

At present the Shanghai Containerised Freight Index (SCFI) is widely used as the benchmark for the container shipping sector.

FBX Global Container Index covers the following shipping lanes:

FBX01: China/East Asia to North America West Coast

FBX02: North America West Coast to China/East Asia

FBX03: China/East Asia to North America East Coast

FBX04: North America East Coast to China/East Asia

FBX11: China/East Asia to North Europe

FBX12: North Europe to China/East Asia

FBX13: China/East Asia to Mediterranean

FBX14: Mediterranean to China/East Asia

FBX21: North America East Coast to Europe

FBX22: Freightos Europe to North America East Coast China/East Asia

FBX24: Europe to South America East Coast

FBX26: Europe to South America West Coast

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.