In order to accurately and comprehensively reflect the latest changes in freight rates of Tianjin and Northern China shipping market, give full play to the role of Tianjin Shipping Index (TSI) as a market benchmark, serve the market players better and promote the development of international and domestic trade and shipping markets, in accordance with the relevant working standards and processes of the index, Tianjin International Trade and Shipping Service Center carried out the routine annual evaluation of each sample route of TCI, TBI and TDI. After combing the data in detail, conducting in-depth market research, soliciting the opinions of Membership Committee, studying and judging the market trend, 2021 evaluation conclusion was drew. On this basis, we carefully designed the route adjustment scheme, widely collected freight rates, tested and calculated for many times, demonstrated the market representativeness and freight rate volatility of the test route, and completed the adjustment of index sample routes in 2022. It is hereby announced as follows:
1. Some routes’ adjustment of Tianjin Bulk Freight Index (TBI): the “Indonesia → Qingdao (Supermax) route” is added under TBCI, and the “Australia (Darlingpool) → Tianjin (Panamax) route” is deleted;
2.Some routes’ adjustment of Tianjin Domestic Container Freight Index (TDI): “Tianjin- Shanghai or Ningbo round trip route” is changed to “Tianjin- Shanghai round trip route”.
The new sample route is officially released on January 4, 2022. The adjusted Tianjin Shipping Index will more accurately reflect the market freight rate fluctuation trend in various fields of shipping. Pease browse and consult for your reference.
December 30, 2021
