In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued the decreasing tendency. As it is mentioned, their composite World Container Index decreased by 10% to $2,212 per 40-foot container.

Freight rates from Shanghai to Rotterdam decreased by 9% or $253 to $2,510, and Rotterdam to Shanghai decreased by 2% or $11 to $502 per 40-foot container.

The rates from Shanghai to Genoa decreased by 8% or $319 to $3,520, while Shanghai to Los Angeles decreased by 12% or $363 to $2,546. As it is also reported, those on Shanghai to New York decreased by 11% or $377 to $3,191 per 40-foot container.

Meanwhile, the rates from Los Angeles to Shanghai decreased by 4% or $27 to $705 and Rotterdam to New York decreased by 4% or $64 to $1,570 per FEU. Furthermore, the freight from New York to Rotterdam this week decreased by 1% or $6 to $983 per 40-foot container.

Source: World Container Index, Drewry Supply Chain Advisors