In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week again continued their decreasing tendency. As it is mentioned, their composite World Container Index decreased by 3% to $2,517 per 40-foot container.
Freight rates from Shanghai to Rotterdam decreased 1% or $48 to $3,286, and Rotterdam to Shanghai remains stable at $495 per 40-foot container.
Also, the rates from New York to Rotterdam remain stable at $875 per FEU, but opposite way Rotterdam to New York increased 2% or $32 to $2,033 per FEU.
The rates from Shanghai to Genoa decreased by 2% or $74 to $3,376, while Shanghai to Los Angeles decreased by 5% or $142 to $2,675. As it is reported, those on Shanghai to New York are down 7% or $329 to $4,210 per 40-foot container.
Finally, the rates from Los Angeles to Shanghai decreased by 1% or $5 to $715 per FEU.
Source: World Container Index, Drewry Supply Chain Advisors