Drewry’s World Container Index decreased 2% to $3,364 per 40ft container this week.
Detailed assessment for Thursday, 30 January 2025
- The Drewry WCI composite index decreased 2% to $3,364 per 40ft container, 68% below the previous pandemic peak of $10,377 in September 2021, but was 137% higher than the average $1,420 in 2019 (pre-pandemic).
- The average YTD composite index is $3,711 per 40ft container, $835 higher than the 10-year average of $2,876 (inflated by the exceptional 2020-22 Covid period).
- Freight rates from Shanghai to Rotterdam decreased 5% or $160 to $3,274 per 40ft container, while those from Shanghai to Genoa fell 4% or $162 to $4,400 per 40ft container. Similarly, rates from Rotterdam to New York reduced 2% or $46 to $2,732 per 40ft container followed by rates from Shanghai to New York and Shanghai to Los Angeles, which decreased 1% to $6,288 and $4,771 per 40ft container, respectively. Conversely, spot rates from New York to Rotterdam increased 2% or $18 to $839 per 40ft container and rates from Rotterdam to Shanghai rose 1% or $3 to $518 per 40ft container. Meanwhile, rates from Los Angeles to Shanghai remained stable. Drewry expects spot rates to decrease slightly in the coming week due to the increase in capacity.
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Source: Drewry
