In accordance with the assessment of Drewry Supply Chain Advisors, the container rates continue with real decreasing levels this week. As it is mentioned, their composite World Container Index decreased by 10% to $2,795 per 40-feet container.
Freight rates from Shanghai to New York decreased 13% or $748 to $5,126 per 40-feet container.
Furthermore, the freight from Shanghai to Los Angeles decreased 11% or $504 to $3,888 per FEU.
Likewise, rates from Shanghai to Rotterdam reduced 9% or $269 to $2,618 per 40-feet container and those from Shanghai to Genoa fell 8% or $326 to $3,837 per 40-feet container.
Freight rates from Rotterdam to New York declined 3% or $69 to $2,394 per FEU.
Meanwhile, rates from Rotterdam to Shanghai, Los Angeles to Shanghai and New York to Rotterdam remained stable.
Drewry expects a slight decrease in spot rates next week as capacity increases.
Source: World Container Index, Drewry Supply Chain Advisors
