Drewry’s composite World Container Index decreased marginally by 0.1% to $7,625.56 per 40ft container this week.
Our detailed assessment for Thursday, 02 June 2022
• The composite index decreased marginally by 0.1% this week, but, remains 18% higher than a year ago.
• The average composite index of the WCI, assessed by Drewry for year-to-date, is $8,614 per 40ft container, which is $5,214 higher than the five-year average of $3,400 per 40ft container.
• Drewry’s World Container Index composite index decreased marginally by 0.1% to $7,625.56 per 40ft container, but is 18% higher than the same week in 2021. Freight rates on Shanghai – Los Angeles and Shanghai – New York remained steady, however, is 46% and 44% higher than the same week in 2021, respectively. Rates on Shanghai – Rotterdam, Rotterdam – Shanghai, Shanghai – Genoa, Los Angeles – Shanghai, Rotterdam – New York and New York – Rotterdam hovered around previous weeks level. Drewry expects index to decrease slowly in the next few weeks.
