index increased 19.8% this week and 185% up when compared with same period of
composite index of the WCI, assessed by Drewry for year-to-date, is $5,221 per
40ft container, which is $3,652 higher than the five-year average of $1,569 per
World Container index increased 19.8% or $862 to $5,220.99 for a 40ft
container, which is 185% higher than the same period in 2020. Freight rate on
Shanghai-Rotterdam surged 34% or $2,276 to reach $8,882 for a 40ft container
and those on Shanghai-Genoa gained 18% or $1,282 to stand at $8,380 for a 40ft
box. Similarly, rates on Shanghai-New York increased 24% or $1,233 to come in
at $6,385 per feu.
Freight rates from
New York to Rotterdam grew 6% or $39 to $690 for a 40ft container. Drewry
expect rates to remain on higher side next week.