In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued their decreasing tendency. As it is mentioned, their composite World Container Index decreased by 3% to $2,424 per 40-foot container.

Freight rates from Shanghai to Rotterdam remain unchanged at $3,276, and Rotterdam to Shanghai decreased by 1% or $7 to $489 per 40-foot container.

Also, the rates from New York to Rotterdam decreased by 3% or $23 to $853 per FEU, but opposite way Rotterdam to New York remain unchanged at $1,996 per FEU.

The rates from Shanghai to Genoa decreased by 4% or $135 to $3,227, while Shanghai to Los Angeles decreased by 4% or $98 to $2,534. As it is reported, those on Shanghai to New York also slid 7% or $309 to $3,826 per 40-foot container.

Finally, the rates from Los Angeles to Shanghai remain unchanged at $711 per FEU.

Source: World Container Index, Drewry Supply Chain Advisors