In accordance with the assessment of Drewry Supply Chain Advisors, the container rates continue with decreasing levels once again this week. As it is mentioned, their composite World Container Index decreased by 3% to $3,273 per 40-feet container.

Freight rates from Rotterdam to New York decreased 10% or $263 to $2,469 per 40-feet container.

From Shanghai to Rotterdam the freight rates fell 5% or $149 to $3,125 per FEU.

Rates from Rotterdam to Shanghai and Shanghai to Genoa reduced 4% to $498 and $4,236 per 40-feet container respectively.

From Los Angeles to Shanghai the freight rates decreased 2% or $14 to $707 per FEU.

Also, rates from New York to Rotterdam, Shanghai to Los Angeles and Shanghai to New York fell 1% to $833, $4,717 and $6,212 per 40-feet container, respectively.

Drewry expects spot rates to decrease slightly in the coming week due to the increase in capacity.

Source: World Container Index, Drewry Supply Chain Advisors