The World Container Index Decrease By 1% this Week as per Drewry

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In accordance with the assessment of Drewry Supply Chain Advisors, the container rates fall again. As it is mentioned, their composite World Container index decreased by 1% to $1,741.44 per 40 feet container and this is 77% lower than the same week in 2022.

Freight rates on Rotterdam – New York fell 5% or $253 to $4,530 per FEU.

Rates on New York – Rotterdam slid 4% to settle at $889 per 40 feet box.

Freight rates on Shanghai – Rotterdam contracted by 2% to $1,605 per 40 feet container.

Rates on Shanghai – Genoa had a meagre drop of 1% to $2,207 per FEU.

Rates on Shanghai – Los Angeles, Rotterdam – Shanghai, Los Angeles – Shanghai and Shanghai – New York hovered around the previous week’s level so unchanged.

Drewry expects East-West spot rates on routes other than the transatlantic to be stable in the next few weeks.

Source: World Container Index, Drewry Supply Chain Advisors

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