World Container Index - 06 May
Drewry’s composite World Container index increased 9.8% or $489 to $5,472.33 per 40ft container.
Two-year spot freight rate trend for the World Container Index:
Our detailed assessment for Thursday, 6 May 2021
- The composite index increased 9.8% or $489 this week, and also, remains 278.4% higher than a year ago.
- The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,110 per 40ft container, which is $3,272 higher than the five-year average of $1,838 per 40ft container.
- Drewry’s composite World Container index increased 9.8% or $489 to $5,472.33 per 40ft container. Freight rates on Shanghai-Los Angeles gained $808 to $5,211 for a 40ft container and those on Shanghai-Rotterdam rose $788 for a 40ft box. Likewise, rates on Shanghai-New York surged $678 to $7,007 per feu. Also, rates on Shanghai-Genoa grew $264 to $8,532 for a 40ft container and those on Rotterdam-Shanghai inched up $26 to $1,394 for a 40ft box. We expect the index to remain stable next week.
Our latest freight rate assessments on eight major East-West trades:
Spot freight rates by route - assessed by Drewry