Drewry: The World Container Index Deceased by 1% this week 47-2024

In accordance with the assessment of Drewry Supply Chain Advisors, the container rates are back with minor falls this week. As it is mentioned, their composite World Container Index decreased by 1% to $3,413 per 40-feet container.

Freight rates from Shanghai to Genoa increased 3% or $120 to $4,520 per FEU.

Likewise, spot rates from Shanghai to Rotterdam, New York to Rotterdam and Rotterdam to New York inched up 1% to $4,071, $793 and $2,672 per FEU.

On the other hand, rates from Shanghai to Los Angeles decreased 5% or $212 to $4,488 per FEU while those from Rotterdam to Shanghai fell 1% or $4 to $517 per FEU.

Meanwhile, rates from Los Angeles to Shanghai and Shanghai to New York remained stable.

Drewry expects spot rates to remain stable next week.

^{Source: World Container Index, Drewry Supply Chain Advisors}