World Container Index - 16 Dec

12.22.2021

Drewry’s composite World Container Index increased marginally to $9,292.39 per 40ft container this week.

Detailed assessment for Thursday, 16 December 2021

  • The composite index increased marginally this week, and, remains 169% higher than a year ago.
  • The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,520 per 40ft container, which is $4,751 higher than the five-year average of $2,769 per 40ft container.
  • Drewry’s World Container index composite index increased marginally to $9,292.39 per 40ft container, and is 169% higher than the same week in 2020. Freight rates from Rotterdam — Shanghai grew 1% to reach $1,556 per 40ft box. Rates on Shanghai — Rotterdam, Shanghai — Genoa, Shanghai — Los Angeles, Los Angeles — Shanghai, Shanghai — New York, Rotterdam — New York and New York — Rotterdam hovered around previous weeks level. Drewry expects rates to remain steady in the coming week.

Analytics on topic
Article
10.31.2023
Review of maritime transport 2023

Shipping continues to navigate COVID-19 post-pandemic trends, the legacies of the 2021–2022 crunch in global supply chains, a softening in the container shipping market and shifts in shipping and trading patterns arising from the conflict in Ukraine.

Article
11.24.2021
Ocean Freight Market Update – October 2021

The study analyzes the sea freight market by the end of September — beginning of October 2021. It reveals the problems associated with the movement of goods in various regions of the world, highlights the latest developments in the industry and gives a forecast for the next month.

Source: DHL