London's Baltic Exchange and Chinese state-owned Ningbo Shipping Exchange would collaborate on container indices, the first foray by the Baltic into this segment of the freight market. In early October that the London Metal Exchange, which is owned by Hong Kong Exchanges and Clearing, had made an informal approach to the Baltic to acquire it. In a first step, Ningbo's weekly containerised freight index - which tracks rates on various routes - would be published on the Baltic's website.
