World Container Index - 16 Dec


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
Shipping Market Review
«We present a vision that aims to identify how ships, as an asset class, can re-emerge as an attractive investment opportunity in a zero-carbon future.»
Source: Danish Ship Finance
How decarbonizing shipping could unlock a global energy transition
Emissions from shipping could grow by 250% by 2050 if no action is taken.
Halving shipping’s emissions by 2050 could require $1.4 trillion in investment.
But the scale of this challenge could be big enough to spur decarbonization across other sectors, too.
Source: World Economic Forum