Drewry’s World Container Index decreased 3% to $3,273 per 40ft container this week.
Detailed assessment for Thursday, 06 February 2025
- The Drewry WCI composite index decreased 3% to $3,273 per 40ft container, 68% below the previous pandemic peak of $10,377 in September 2021, but was 130% higher than the average $1,420 in 2019 (pre-pandemic).
- The average YTD composite index is $3,638 per 40ft container, $760 higher than the 10-year average of $2,878 (inflated by the exceptional 2020-22 Covid period).
- Freight rates from Rotterdam to New York decreased 10% or $263 to $2,469 per 40ft container while those from Shanghai to Rotterdam fell 5% or $149 to $3,125 per 40ft container. Rates from Rotterdam to Shanghai and Shanghai to Genoa reduced 4% to $498 and $4,236 per 40ft container respectively with those from Los Angeles to Shanghai having decreased 2% or $14 to $707 per 40ft container. Also, rates from New York to Rotterdam, Shanghai to Los Angeles and Shanghai to New York fell 1% to $833, $4,717 and $6,212 per 40ft container, respectively. Drewry expects spot rates to decrease slightly in the coming week due to the increase in capacity.
Spot freight rates by major route
Assessment across eight major East-West trades:
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Source: Drewry
