Market intelligence
Global freight rate trends
An overview of international shipping prices: benchmark container and dry bulk indices, plus GLG market quotes for the main ocean and air lanes out of Vietnam. Each figure shows its source, date and publication frequency.
Data feeds are being connected. Values appear here as soon as the first index or quote is published.
By index and lane
Rates by mode and route
Pick an index or lane for its full history, recent values and changes. Lanes from Vietnam use GLG market quotes, because public indices are mostly China-based.
No rate data has been published on this page yet. The indices and lanes below are tracked; their values, dates and sources will appear here once the data feed or the first GLG quote is in.
- Drewry World Container Index (WCI composite) Weekly · Drewry
- Shanghai Containerized Freight Index (SCFI) Weekly · Shanghai Shipping Exchange
- Baltic Dry Index (BDI) Daily · The Baltic Exchange
- Baltic Capesize Index (BCI) Daily · The Baltic Exchange
By region
Trade lanes grouped by region, with the average weekly change of the lanes that have data.
Methodology
Each series is a time series of one index or one lane, in a single unit. Values are stored as published and never estimated, interpolated or smoothed. If a source has not published a new value, the last known value and its date are shown.
Week-on-week change compares the latest value with the value closest to seven days earlier (within ±3 days); month-on-month uses about 30 days (±7) and year-on-year about 365 days (±14). A change is only shown when such a reference value exists. Lanes quoted irregularly are compared with the previous quote.
Index dates are the date the value was recorded by the data provider, which can be a day after the publisher's release. GLG lane quotes are dated by their effective date; ocean quotes are all-in base ocean freight per container, air quotes are per chargeable kilogram, unless the note says otherwise.
Regional trends average each lane rebased to 100 at the start of the period, so lanes with different price levels weigh equally.
Sources and licences
| Index or lane | Source | Frequency |
|---|---|---|
| Drewry World Container Index (WCI composite) Awaiting first data | Drewry via OilPriceAPI | Weekly |
| Shanghai Containerized Freight Index (SCFI) Awaiting first data | Shanghai Shipping Exchange via OilPriceAPI | Weekly |
| Baltic Dry Index (BDI) Awaiting first data | The Baltic Exchange via OilPriceAPI | Daily |
| Baltic Capesize Index (BCI) Awaiting first data | The Baltic Exchange via OilPriceAPI | Daily |
| Ho Chi Minh City → Los Angeles · 40' HC Awaiting first data | GLG market quotes | When quoted |
| Ho Chi Minh City → New York · 40' HC Awaiting first data | GLG market quotes | When quoted |
| Ho Chi Minh City → Rotterdam · 40' HC Awaiting first data | GLG market quotes | When quoted |
| Ho Chi Minh City → Hamburg · 40' HC Awaiting first data | GLG market quotes | When quoted |
| Ho Chi Minh City → Singapore · 40' HC Awaiting first data | GLG market quotes | When quoted |
| Ho Chi Minh City → Busan · 40' HC Awaiting first data | GLG market quotes | When quoted |
| Hai Phong → Los Angeles · 40' HC Awaiting first data | GLG market quotes | When quoted |
| Hai Phong → Rotterdam · 40' HC Awaiting first data | GLG market quotes | When quoted |
| Ho Chi Minh City (SGN) → Frankfurt (FRA) · per kg Awaiting first data | GLG market quotes | When quoted |
| Hanoi (HAN) → Frankfurt (FRA) · per kg Awaiting first data | GLG market quotes | When quoted |
| Ho Chi Minh City (SGN) → Los Angeles (LAX) · per kg Awaiting first data | GLG market quotes | When quoted |
| Hanoi (HAN) → Los Angeles (LAX) · per kg Awaiting first data | GLG market quotes | When quoted |
Licence notes
- Drewry WCI, SCFI and Baltic indices are the intellectual property of Drewry, the Shanghai Shipping Exchange and the Baltic Exchange respectively, retrieved via OilPriceAPI. Republication is subject to the publishers' and the data provider's terms.
- GLG market quotes are indicative spot rates collected by Global Logistic Group's pricing team from carriers and partners. They are not an offer.
Frequently asked questions
Are these real-time freight rates?
No. Benchmark indices are published daily (Baltic Exchange) or weekly (Drewry WCI on Thursdays, SCFI on Fridays), and each value on this page shows its date. Truly real-time spot rates require a paid, licensed data feed. For a firm price for your cargo, ask GLG for a quote.
Where do the numbers come from?
Benchmark indices are retrieved from their publishers through licensed data providers, and Vietnam-origin lanes use market quotes collected by GLG's pricing team. Each chart names its source; the "Sources and licences" table lists them all. The latest data point on this page is dated —.
Why do the indices differ from the price I am quoted?
Indices are averages of spot rates on broad trade lanes (for example China/East Asia to North Europe). A quote for your shipment also depends on the exact ports, container type, carrier, transit time, free time, surcharges such as BAF, PSS or war-risk, and validity. Use the trend to judge market direction, then confirm with a quote.
What do FEU, 40HC and USD/kg mean?
FEU is a forty-foot equivalent unit (one 40-foot container). 40HC is a 40-foot high-cube container, the default type for GLG ocean lanes on this page; 20GP and 40GP are standard 20- and 40-foot containers. Air cargo rates are shown in US dollars per chargeable kilogram.
How often is the page updated?
Index data is checked several times a day and stored as soon as a new value is published. GLG lane quotes are added by the pricing team when market rates are reviewed. Each card shows the date of its latest value.
Need a firm rate?
Market indices show the direction. GLG quotes your exact route, container and dates, all-in.