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Short-term Market Rates

Xeneta Shipping Index

by Compass (XSI-C)

The shipping industry's most-trusted source of 40' container rates (FEU),
updated daily with a 2-day lag.

Asia - Europe
Trans - Atlantic

XSI® - C Frequently Asked Questions


The XSI® - C is provided for general information purposes only. The data presented in the XSI-C is collected from shipper and freight forwarders customers, cleansed and validated. However, due to the possibility of mechanical and/or human error or other factors, Xeneta is not responsible for any errors or omissions.

Nothing contained herein shall constitute or shall be deemed to constitute a financial, legal, tax or other advice of any kind, or a solicitation to purchase, sell or invest in any financial products or to engage in any financial strategy.

Xeneta nor Compass Financial Technologies SA or any of its affiliates  (i) does not guarantee the adequacy, accuracy, timeliness, completeness, evolution and/or movements of its indices or any data included therein (the “Indices” or the ”Index”), (ii) shall not have any liability for any errors, omissions, delays or interruptions therein and (iii) makes no warranty, express or implied, as to results to be obtained by owners of any securities, or by any other person or entity from the use of the Indices.

Xeneta nor Compass does not make any express or implied warranties, and expressly disclaims, all warranties of merchantability or fitness for a particular purpose or use with respect to the Indices. Without limiting any of the foregoing, in no event shall Compass have any liability for any lost profits or indirect, punitive, special or consequential damages or losses, even if notified of the possibility thereof.

The XSI® - C may sometimes include calculation errors, non-updated surcharges and erroneous data, and may not be strictly representative of the ocean freight shipping rate level for a particular trade lane.

Although Xeneta has made reasonable efforts to update the information/data of the XSI® - C, the XSI® - C is provided without any warranties or similar from Xeneta, neither explicit nor implied, regarding the accuracy or completeness.

The XSI® - Cis in general intended only to give a general overview of the subject matter. Xeneta expressly disclaims any liability for any decision made or action taken in reliance on the information contained in this index.

Xeneta aims to update the information on a regular basis and may change the Information at any time.

Any information may however be out of date at any given time, and Xeneta has no obligation to update the information.

Using XSI®-C Data

Xeneta supports ocean container market players that require regulated indices to benchmark and contract with the eight EU BMR-compliant global lanes shown above.

The fair-use of XSI-C indices data as it appears on this website is free of charge for internal viewing purposes only.

  • To help you benefit from regulated XSI-C indices features, we grant legally protected and regulation-compliant licenses. 

  • Xeneta data supporting XSI-C indices are market-validated and relied on daily by several hundred enterprise BCOs, leading forwarders and major carriers. 

  • The XSI-C complies with EU BMR rules, which are stricter than those by IOSCO governing other indices. 

  • XSI-C indices enable the use of  Ocean Container Freight Derivatives (OCFDs); they allow users to benefit from hedge-accounting rules and reduce P&L volatility. 

  • XSI-C indices are publicly available and transparent—enhancing trust with clients and oversight bodies. 

To access historical data or receive XSI-C values daily, email us at or register on the Compass website. A representative of Xeneta or Compass FT will respond quickly. 

More info:

What is the XSI® - C?

The XSI® - C stands for the Xeneta Shipping Index by Compass. It's EU BMR compliant and ready for index-linked contracting and derivatives.

The XSI® - C is the container shipping industry's most transparent and trusted container rates index.  It delivers the most in-depth and most accurate representation of the container freight market.

The  XSI® - C  reports rolling short-term Freight All Kind (FAK) rates valid for less than 32 days, for a 40' container.

The XSI® - C  displays daily median prices with a 2-day lag.

XSI® - C Index Levels are calculated and monitored by Compass Financial Technologies and are published on each index release Date at 16:15 London time.

Xeneta also reports for the long-term contract market, contracts longer than 88 days via the Xeneta Shipping Index (XSI®) Contract Market. A monthly XSI® data report with commentary is released free of charge. Access it here.

The XSI® for the contract market is not EU BMR compliant. 

For real-time and on-demand access to the largest database of ocean freight rates, contact us. We're happy to show you what else you can do with the power of Xeneta rate data. 

What is the XSI® - C data based on?

The XSI® - C data used to build the indices are committed quotes reported to Xeneta by its customers. From this pool of data, we publish the arithmetic median. The rates are made up of anonymized and aggregated data ingested from leading global freight forwarders and shippers. 

Xeneta data represents over $20B in ocean freight spend. It is trusted by some of the world's leading companies to power their transportation and supply chain strategies. 

The XSI® delivers the most in-depth and most accurate representation of the container freight market. It is the go-to and most trusted source for container freight rates in the industry. 

The Xeneta ocean freight rate data collection and processing are in line with the highest quality standards. As a contributor under the EU BMR rules, Xeneta has adopted a Code of Conduct in line with EU BMR constraints.

Data is collected every day by Xeneta and provided, after quality check and potential adjustment, to the Index Calculation Agent.

To learn more about the XSI® - C methodology in its entirety, please visit:

What is the port structure?

The daily XSI® - C currently reports on 8 regional trade lanes. 

*Terminal Handling Charges = THC

  • Far East - N. Europe: No THC included
  • N. Europe - Far East: Origin THC included
  • Far East - US West Coast: Destination THC included
  • US West Coast - Far East: Destination THC included
  • Far East - S. America East Coast: no THC included
  • N. Europe - US East: Origin THC/Destination THC included
  • US East Coast - N. Europe: Destination THC included
  • N. Europe - S. America East Coast: Origin THC included


Below you can see which ports are under each region.

The Xeneta provides rate benchmarks for over 160,000 port-port pairs in real-time. If you would like rate visibility into other trade lanes, please contact us. 


Far East Ports (FE)

Port Code Port Name
CNNBO Ningbo
CNQIN Qingdao
CNSGH Shanghai
CNXAM Xiamen
CNDAL Dalian
CNTXG Xingang (Tianjin New Pt)
CNCWN Chiwan
CNNSA Nansha
CNSHK Shekou
CNSNZ Shenzhen
CNYTN Yantian
HKHKG Hong Kong
JPHKT Hakata/Fukuoka
JPNGO Nagoya, Aichi
JPYOK Yokohama
KRINC Incheon
KRKAN Gwangyang
TWKEL Keelung (Chilung)
TWKHH Kaohsiung
TWTXG Taichung


North Europe Ports (NE)

 Due to the high difference in rates we have removed UK ports from the North Europe port cluster. Excluding UK ports allows the XSI® - C to provide the most accurate representation of the market.

If you would like to have rates for UK trade lanes, please contact us at

Port Code Port Name
BEANR Antwerpen
BEZEE Zeebrugge
DEBRV Bremerhaven
DEHAM Hamburg
DEWVN Wilhelmshaven
FRLEH Le Havre
NLRTM Rotterdam



US West Coast Ports (USW)

Port Code Port Name
USOAK Oakland, CA
USLAX Los Angeles, CA
USLGB Long Beach, CA
USSEA Seattle, WA
USTIW Tacoma, WA


US East Coast Ports (USE)

Port Code  Port Name
USCHS Charleston, SC
USILM Wilmington, NC
USNYC New York City/Newark, NY&NJ
USORF Norfolk, VA
USSAV Savannah, GA


S. America East Coast Ports (SAE)

Port Code Port Name
ARBUE Buenos Aires
BRSSZ Santos
UYMVD Montevideo
BRSSA Salvador
BRIOA Itapoa
BRNVT Navegantes
BRPNG Paranaguá
BRRIG Rio Grande

What are the charges included in the calculation of the XSI® - C?

The XSI® - C includes all charges and surcharges (fuel, security, etc.) that need to be paid in order to ship a container. The index does not include any charges associated with dangerous goods, heavy or otherwise special equipment.

Terminal handling charges are included for certain routes. Please visit the "What is the port structure" question to learn more. 

The XSI® - C deals purely with the ocean component of the freight rate and as such it does not include any pre-carriage or on-carriage charges.

Finally the XSI® - C does not include any fees associated with premium or guaranteed services.

Why is the XSI® - C the most accurate shipping index?

Xeneta has the most exhaustive set of contracted ocean freight rate data covering most of the global trades. It works with all the market players from the biggest freight forwarders to smaller shippers making the index the most representative
of the container shipping market. 

The XSI® - C rates represent the actual movement of the market reporting rate fluctuations on the actual day the rates change; effectively on the day the rate is valid from. 

Xeneta acts as the data contributor for the XSI® - C indices.

 The contributor freight rate data collection and processing are in line with the highest quality standards. As a contributor under the EU BMR rules, Xeneta has adopted a Code of Conduct in line with EU BMR constraints.

Who and how can the XSI® - C be used?

Anyone can use the XSI® - C data as it appears on the site. We believe that an informed industry is a win for all of the global trade. The XSI® - C data is regularly used to support commentary by leading global industry and business publications.

The XSI-C indices are available on Bloomberg and Reuters under the ticker symbols: XSIC(trade lane code).

Media Outlets / Analysts

Use of the XSI® - C data is permitted for all, but we require that you please accredit the data to the Xeneta Shipping Index by Compass (XSI® - C). 

You can access and download a CSV file of the rates per trade lane here.

If you are a journalist or an analyst and require detailed data, please contact us at

How can I learn more about the XSI® - C?

To learn more about Xeneta, please visit or send us an email at

Please visit the following links to learn more about the following:

XSI® - C data methodology

XSI® - C Benchmark Statement

XSI® - C Code of Conduct