In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued the fast increasing tendency. As it is mentioned, their composite World Container Index increased by 23% to $3,433 per 40-foot container.

Freight rates from Shanghai to Rotterdam increased by 25% or $718 to $3,579, and Rotterdam to Shanghai decreased by 5% or $34 to $617 per 40-foot container.

The rates from Shanghai to Genoa increased by 20% or $836 to $5,089, while Shanghai to Los Angeles increased by 31% or $1092 to $4,565. As it is also reported, those on Shanghai to New York increased by 20% or $908 to $5,505 per 40-foot container.

Meanwhile, the rates from Los Angeles to Shanghai decreased by 1% or $7 to $783, and Rotterdam to New York increased by 5% or $125 to $2,560 per FEU. Furthermore, the freight from New York to Rotterdam this week decreased by 1% or $11 to $966 per 40-foot container.

Source: World Container Index, Drewry Supply Chain Advisors