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Global Freight Pricing
& Market Rate Intelligence Trends
China, East Asia to North Europe
The FBX11 global ocean freight container pricing index measures 40′ container prices across key port pairs from China/East Asia to Northern Europe. This index is created and maintained in collaboration with the Baltic Exchange. Key ports in the index include Shanghai (PVG) and Ningbo (NGB) in China and Rotterdam (RTM) and Hamburg (HAM) in Europe.
FBX11
China, East Asia to North Europe
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Supply Chain Experts
CHINA TO NORTH EUROPE FREIGHT INDUSTRY RATES & NEWS
Recent Shipping Events: Congestion, Labor, Strikes & More
For the China to North Europe (FBX11) shipping route, smart ocean decisions take more than price and transit time. Freightos Terminal’s key event feed keeps you ahead of congestion, weather, holidays, labor actions, and more – strengthening long-term planning and real-time response across your organization.
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Market ChangesMediumJuly 4, 2026
Global oil prices have plummeted as the U.S.-Iran peace deal unleashes a massive wave of over 60 million trapped crude barrels, shifting the market from a wartime capacity deficit into a significant supply glut.
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CongestionHighJuly 2, 2026
Severe weather, cargo frontloading, and intense vessel bunching have driven global port congestion to a four-year high, forcing ocean carriers to blank sailings and drop port calls across both mainline east-west and intra-Asia shipping networks.
Estimated Average Transit Time From China to Northern Europe
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Frequently Asked Questions About FBX11
Which ports are included in FBX11?
China/East Asia Ports:
CNNGB – Ningbo
CNSHA – Shanghai
CNYTN – Yantian
HKHKG – Hong Kong
JPUKB – Kobe
KRPUS – Busan S. Korea
SGSIN – Singapore
TWKHH – Kaohsiung Taiwan
VNVUT – Vung Tau
North Europe Ports:
BEANR – Antwerp
DEBRV – Bremerhaven
DEHAM – Hamburg
FRLEH – Le Havre
GBFXT – Felixstowe
GBSOU – Southampton
NLRTM – Rotterdam
CNNGB – Ningbo
CNSHA – Shanghai
CNYTN – Yantian
HKHKG – Hong Kong
JPUKB – Kobe
KRPUS – Busan S. Korea
SGSIN – Singapore
TWKHH – Kaohsiung Taiwan
VNVUT – Vung Tau
North Europe Ports:
BEANR – Antwerp
DEBRV – Bremerhaven
DEHAM – Hamburg
FRLEH – Le Havre
GBFXT – Felixstowe
GBSOU – Southampton
NLRTM – Rotterdam
How is FBX11 calculated?
Prices used in the index are rolling short term Freight All Kind (FAK) spot tariffs and related surcharges between carriers, freight forwarders and high-volume shippers. Index values are calculated by taking the median price for all prices (to ignore the influence of outliers on active lanes) with weighting by carrier. 50 to 70 million price points are collected every month. The daily freight rate index is published in a “sliding window” containing the relevant data that are effective and not expired from 00:00 UTC on the day before publication to 24:00 UTC on the day of publication, meaning 48 hours in total starting from 00:00 yesterday. Only rates created or modified within the last 3 months and valid during those 48 hours will be included (in practice on most trade lanes rates are volatile and almost all rates are much newer than 3 months). Rates are calculated at 06:00 UTC and published at 14:00 UTC. The weekly freight index is calculated as an average of the five business days from the same week and published each Friday.
Which other trade lanes does FBX cover?
There are twelve trade lanes covered by the Freightos Baltic Index.
They are:
– FBX 01 CHINA/EAST ASIA TO NORTH AMERICA WEST COAST
– FBX 02 NORTH AMERICA WEST COAST – CHINA/EAST ASIA
– FBX 03 CHINA/EAST ASIA TO NORTH AMERICA EAST COAST
– FBX 04 NORTH AMERICA EAST COAST – CHINA/EAST ASIA
– FBX 11 CHINA/EAST ASIA TO NORTH EUROPE
– FBX 12 NORTH EUROPE – CHINA/EAST ASIA
– FBX 13 CHINA/EAST ASIA TO MEDITERRANEAN
– FBX 14 MEDITERRANEAN TO CHINA/EAST ASIA
– FBX 21 NORTH AMERICA EAST COAST TO NORTH EUROPE
– FBX 22 NORTH EUROPE – NORTH AMERICA EAST COAST
– FBX 24 EUROPE – SOUTH AMERICA EAST COAST
– FBX 26 EUROPE – SOUTH AMERICA WEST COAST
They are:
– FBX 01 CHINA/EAST ASIA TO NORTH AMERICA WEST COAST
– FBX 02 NORTH AMERICA WEST COAST – CHINA/EAST ASIA
– FBX 03 CHINA/EAST ASIA TO NORTH AMERICA EAST COAST
– FBX 04 NORTH AMERICA EAST COAST – CHINA/EAST ASIA
– FBX 11 CHINA/EAST ASIA TO NORTH EUROPE
– FBX 12 NORTH EUROPE – CHINA/EAST ASIA
– FBX 13 CHINA/EAST ASIA TO MEDITERRANEAN
– FBX 14 MEDITERRANEAN TO CHINA/EAST ASIA
– FBX 21 NORTH AMERICA EAST COAST TO NORTH EUROPE
– FBX 22 NORTH EUROPE – NORTH AMERICA EAST COAST
– FBX 24 EUROPE – SOUTH AMERICA EAST COAST
– FBX 26 EUROPE – SOUTH AMERICA WEST COAST
Can I source FBX11 data?
FBX data is available to subscribers on the Freightos website and via Thomson Reuters Eikon screen. It is also updated weekly on the JOC’s Market Data portal, pulled weekly into TI Insight’s GSCi market intelligence platform. Besides viewing charts, you can download csv files or png charts. If you are a journalist, analyst, or armchair logistics buff, contact [email protected] if you’re interested in a CSV version of data.