In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week again continued the decreasing tendency. As it is mentioned, their composite World Container Index decreased by 5% to $2,107 per 40-foot container.

Freight rates from Shanghai to Rotterdam decreased by 5% or $131 to $2,379, and Rotterdam to Shanghai remained stable at $504 per 40-foot container.

The rates from Shanghai to Genoa decreased by 6% or $227 to $3,293, while Shanghai to Los Angeles decreased by 4% or $104 to $2,442. As it is also reported, those on Shanghai to New York decreased by 7% or $222 to $2,969 per 40-foot container.

Meanwhile, the rates from Los Angeles to Shanghai increased by 2% or $16 to $721 and Rotterdam to New York increased by 2% or $35 to $1,605 per FEU. Furthermore, the freight from New York to Rotterdam this week increased by 1% or $5 to $988 per 40-foot container.

Source: World Container Index, Drewry Supply Chain Advisors