Drewry: World Container Index 119% Higher Than a Year Ago
Drewry’s composite World Container Index increased marginally to $9,304.05 per 40ft container this week.
Our detailed assessment for Thursday, 23 December 2021
• The composite index increased marginally this week, and, remains 119% higher than a year ago.
• The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,555 per 40ft container, which is $4,756 higher than the five-year average of $2,799 per 40ft container.
• Drewry’s World Container index composite index increased marginally to $9,304.05 per 40ft container, and is 119% higher than the same week in 2020. Freight rates from Rotterdam – Shanghai fell 1% to reach $1,547 per 40ft box. Rates on Shanghai – Rotterdam, Shanghai – Genoa, Shanghai – Los Angeles, Los Angeles – Shanghai, Shanghai – New York, Rotterdam – New York and New York – Rotterdam hovered around previous weeks level. Drewry expects rates to remain steady in the coming week.
Spot freight rates by major route
Our assessment across eight major East-West trades: