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
Cargoes are not accepted: what is happening at ports and how this will affect prices

The restructuring of global supply chains has caused a collapse in the Far East. Experts believe that the problem will not be resolved quickly and consumers will face shortages of goods and price rises.

Review of Maritime Transport 2020
The maritime transport is at a pivotal moment facing not only immediate concerns resulting from the pandemic, but also long-term shifts in supply-chain design, changes in consumption and a heightened global sustainability and low-carbon agenda.
Source: UNCTAD