In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued with the increasing tendency. As it is mentioned, their composite World Container Index increased by 4% to $1,822 per 40-foot container.

Freight rates from Shanghai to Rotterdam increased by 4% or $59 to $1,795, and Rotterdam to Shanghai also increased by 1% or $5 to $463 per 40-foot container.

The rates from Shanghai to Genoa increased by 5% or $100 to $1,955, while Shanghai to Los Angeles increased by 6% or $148 to $2,438. As it is also reported, those on Shanghai to New York increased by 4% or $148 to $3,568 per 40-foot container.

Finally, the rates from Los Angeles to Shanghai remained stable at $706 and Rotterdam to New York decreased by 2% or $42 to $1,678 per FEU. The freight from New York to Rotterdam this week decreased by 1% or $10 to $846 per 40-foot container.

Source: World Container Index, Drewry Supply Chain Advisors