In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued the increasing tendency. As it is mentioned, their composite World Container Index increased by 2% to $1,957 per 40-foot container.

Freight rates from Shanghai to Rotterdam increased by 5% or $120 to $2,361, and Rotterdam to Shanghai increased by 1% or $5 to $465 per 40-foot container.

The rates from Shanghai to Genoa increased by 13% or $356 to $3,004, while Shanghai to Los Angeles decreased by 7% or $153 to $2,103. As it is also reported, those on Shanghai to New York decreased by 5% or $139 to $2,756 per 40-foot container.

Moreover, the rates from Los Angeles to Shanghai decreased by 1% or $10 to $709 and Rotterdam to New York remained stable at $1,636 per FEU. Furthermore, the freight from New York to Rotterdam this week increased by 3% or $26 to $942 per 40-foot container.

Source: World Container Index, Drewry Supply Chain Advisors