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Global Freight Pricing
& Market Rate Intelligence Trends

Mediterranean To China, East Asia

The FBX14 global ocean freight container pricing index measures 40′ container prices across key port pairs from the Mediterranean to China/East Asia. This index is created and maintained in collaboration with the Baltic Exchange. Key ports in the index include Barcelona (BCN) and Piraeus (PIR) in the Mediterranean and Shanghai (PVG) and Ningbo (NGB) in China.

FBX14
Mediterranean to China, East Asia
MEDITERRANEAN TO CHINA, EAST ASIA FREIGHT INDUSTRY RATES & NEWS

Recent Shipping Events: Congestion, Labor, Strikes & More

For the Mediterranean to China, East Asia (FBX14) 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.

  • Closure/Lockdown
    High
    March 2, 2026

    DP World says operations have resumed at the port of Jebel Ali in Dubai after closing over the weekend due to fire started by debris from an intercepted Iranian missile.

  • Red Sea
    High
    March 1, 2026

    Houthis threaten to restart Red Sea attacks in response to war in Iran, but so far none reported. CMA CGM, Maersk and hapag-Lloyd are diverting all their sailings that were scheduled to transit the Red Sea until further notice.

  • Closure/Lockdown
    High
    March 1, 2026

    While Iran has banned US vessels from transiting, it has not officially closed the Strait of Hormuz, but two oil tankers were attacked on Sunday and the Revolutionary Guard has warned that transits are not safe. Though it is unclear who was behind the attack, major container carriers are now avoiding the waterway

Estimated Average Transit Time From Mediterranean to China, East Asia

Get insights on transit time for shipping China to North America West Coast

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Frequently Asked Questions About FBX14

Which ports are included in FBX14?
Mediterranean Ports:
EGPSD – Port Said
ESALG – Algeciras
ESBCN – Barcelona
ESVLC – Valencia
FRFOS – Marseilles/Fos Sur Mer
GRPIR – Piraeus
ILASH – Ashdod
ITGIT – Gioia Tauro
ITGOA – Genova
ITSPE – La Spezia
MTMAR – Malta Freeport
TRAMR – Ambarli
TRIZT – Izmit

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
How is FBX14 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.
Can I source FBX14 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.

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