The HARPEX (HARPER PETERSEN Charter Rates Index) is published by HARPER PETERSEN and reflects the worldwide price development on the charter market for container ships. The HARPEX was originally developed in 2004 data accumulated since 2001, adjusted in 2011 and 2017 in response to clients and users. The Charter Rates are assessed weekly for 6-12 months fixture periods on the basis of actual weekly fixtures reported and our own market assessment.

HARPEX Vessel Size in TEU - Rates in US$
Index 700 1100 1700 2500 2700 3500 4250 6500 8500
21-Jan-2022 3,978 23,000 33,000 56,000 67,000 73,000 82,000 92,000 110,000 131,000
14-Jan-2022 3,865 22,000 32,000 53,000 64,000 70,000 80,000 90,000 108,000 129,000
07-Jan-2022 3,817 21,000 30,000 52,000 63,000 69,000 78,000 90,000 108,000 129,000
31-Dec-2021 3,805 21,000 30,000 50,000 63,000 69,000 78,000 90,000 108,000 129,000

The full HARPEX Series is available by subscription. For further information, please contact us under:

Our HARPEX index was developed in 2004 with data accumulated since 2001. In 2011 and again in 2017 the HARPEX was adjusted to correctly reflect the current container charter market. While the adjustment in 2011 involved a shift in methodology from a stochastic model to a panel poll-based assessment, the change in 2017 incorporated two new ship classes.

Harper Petersen provides the index for each calendar week based on rate assessments for nine classes of ships. The assessments assume 6-12-Months charter periods and are based on actual weekly fixture reports of the container market as well as Haper Petersen’s own market assessment. The published charter rate levels are in US Dollars for the following size / specification of container ships.

 700 teu gear­less

abt 700 teu

abt 400­@14t

abt 8400 dwt

abt 100 reefer

abt 17kn

1100 teu geared

abt 1100 teu

abt 700­@14t

abt 14000 dwt

abt 200 reefer

abt 19kn

1700 teu geared

abt 1700 teu

abt 1300­@14t

abt 23000 dwt

abt 300 reefer

abt 20kn

2500 teu geared

abt 2500 teu

abt 1850­@14t

abt 34000 dwt

abt 300 reefer

abt 22kn

2700 teu gear­less

abt 2700 teu

abt 2100­@14t

abt 37000 dwt

abt 300 reefer

abt 22kn

3500 teu gear­less

abt 3500 teu

abt 2400­@14t

abt 42000 dwt

abt 300 reefer

abt 22kn

4250 teu gear­less

abt 4250 teu

abt 2800­@14t

abt 50000 dwt

abt 400 reefer

abt 23kn

6500 teu gear­less

abt 6500 teu

abt 4900­@14t

abt 82000 dwt

abt 500 reefer

abt 24kn

8500 teu gear­less

abt 8500 teu

abt 6350­@14t

abt 100000 dwt

abt 700 reefer

abt 25kn

The HARPEX in combination with published rates is a powerful research tool for our clients , providing them with following possibilities:

  • Tracking the actual time charter rates for a particular size of ship over various periods.
  • Comparing market fluctuations in different ship sizes to determine correlations over certain periods.
  • Tracking of actual time charter rates for various sizes of ships as well as portraying their respective moving averages.

HARPEX is used by Refinitiv (ex Reuters), Macrobond and Haver as well as various analysts as market reference. Moreover, the HARPEX can be found in publications by the FED of Dallas, the OECD, and EUROSTAT.

If you have any questions about our HARPEX index or the data used, please do not hesitate to contact us at