Drewry: World Container Index Down For Yet Another Week, But 41.2% Higher Than Last Year

Drewry’s composite World Container Index decreased by 0.5% to $7,727.84 per 40ft container this week.

Our detailed evaluation for Thursday, 5 Might 2022
The composite index decreased by 0.5% this week, however, stays 41.2% increased than a yr in the past.
• The typical composite index of the WCI, assessed by Drewry for year-to-date, is $8,830 per 40ft container, which is $5,524 increased than the five-year common of $3,306 per 40ft container.
• Drewry’s World Container Index composite index decreased by 0.5% to $7,727.84 per 40ft container, however is 41.2% increased than the identical week in 2021. Freight charges on Shanghai –

Rotterdam dropped 2% or $212 to $9,987 per feu. Nevertheless, charges on Rotterdam – Shanghai gained 2% or $34 to succeed in $1,451 per 40ft field. Equally charges on Rotterdam – New York grew 4% to succeed in $7,212 per 40ft container. Charges on Shanghai – Genoa, Shanghai – Los Angeles, Los Angeles – Shanghai, Shanghai – New York and New York – Rotterdam hovered round earlier weeks stage. Drewry expects spot charges to stay secure within the coming weeks.
Supply: Drewry