In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week again returned back to a rapidly increasing tendency. As it is mentioned, their composite World Container Index increased by 16% to $2,557 per 40-foot container.

Freight rates from Shanghai to Rotterdam increased by 10% or $256 to $2,840, and Rotterdam to Shanghai increased by 3% or $17 to $504 per 40-foot container.

The rates from Shanghai to Genoa increased by 13% or $458 to $3,885, while Shanghai to Los Angeles increased by 26% or $651 to $3,132. As it is also reported, those on Shanghai to New York increased by 20% or $655 to $3,957 per 40-foot container.

Meanwhile, the rates from Los Angeles to Shanghai increased by 1% or $9 to $721 and Rotterdam to New York increased by 2% or $33 to $1,685 per FEU. Furthermore, the freight from New York to Rotterdam this week remained stable at $966 per 40-foot container.

Source: World Container Index, Drewry Supply Chain Advisors