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"Drewry's World Container Index Holds Steady, Reflecting Stable Freight Rates"

"Drewry's World Container Index Holds Steady, Reflecting Stable Freight Rates"
blog image
Maritime

"Drewry's World Container Index Holds Steady, Reflecting Stable Freight Rates"

The Drewry World Container Index (WCI) remained stable at $1,382 per 40ft container this week, marking a 40decrease compared to the same week last year. The current composite index is 3% lower than the average pre-pandemic rates in 2019. With an average of $1,682 per 40ft container year-to-date, the rates are $991 lower than the 10-year average. Specific routes, such as New York to Rotterdam, Los Angeles to Shanghai, and Rotterdam to Shanghai, experienced fluctuations, with Drewry anticipating East-West spot rates to remain close to current levels in the coming weeks.



02 Dec 23
blog image
Maritime

"Drewry's World Container Index Holds Steady, Reflecting Stable Freight Rates"

The Drewry World Container Index (WCI) remained stable at $1,382 per 40ft container this week, marking a 40decrease compared to the same week last year. The current composite index is 3% lower than the average pre-pandemic rates in 2019. With an average of $1,682 per 40ft container year-to-date, the rates are $991 lower than the 10-year average. Specific routes, such as New York to Rotterdam, Los Angeles to Shanghai, and Rotterdam to Shanghai, experienced fluctuations, with Drewry anticipating East-West spot rates to remain close to current levels in the coming weeks.



02 Dec 23
blog image
Maritime

"Drewry's World Container Index Holds Steady, Reflecting Stable Freight Rates"

The Drewry World Container Index (WCI) remained stable at $1,382 per 40ft container this week, marking a 40decrease compared to the same week last year. The current composite index is 3% lower than the average pre-pandemic rates in 2019. With an average of $1,682 per 40ft container year-to-date, the rates are $991 lower than the 10-year average. Specific routes, such as New York to Rotterdam, Los Angeles to Shanghai, and Rotterdam to Shanghai, experienced fluctuations, with Drewry anticipating East-West spot rates to remain close to current levels in the coming weeks.



02 Dec 23