World Container Index - 18 Nov

18.11.2021

Drewry’s composite World Container index decreased 0.5% to $9,146.41 per 40ft container this week.

Our detailed assessment for Thursday, 18 November 2021

  • The composite index decreased 0.5% this week, but, remains 238% higher than a year ago.
  • The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,374 per 40ft container, which is $4,724 higher than the five-year average of $2,650 per 40ft container.
  • Drewry’s World Container index composite index decreased 0.5% to $9,146.41 per 40ft container, but is 238% higher than the same week in 2020. Freight rates from Shanghai — New York gained 3% or $421 to reach $13,139 per 40ft box. Spot rates from Shanghai — Los Angeles grew 1% to $10,038 per feu. However, rates on Shanghai — Rotterdam dropped 3% or $401 to reach $13,400 per 40ft container. Similarly, rates on Los Angeles — Shanghai declined 2% to reach $1,275 per feu. Rates on Rotterdam — Shanghai, Shanghai — Genoa, New York — Rotterdam and Rotterdam — New York hovered around previous weeks level. Drewry expects rates to remain steady in the coming week.

Analytics on topic
Article
30.03.2025
Is raising railway tariffs a critically necessary measure?

An article by Ranking.kz analyses the reasons and consequences of increasing railway transportation tariffs in Kazakhstan, examining their necessity for infrastructure modernisation and potential impact on the economy

Report
31.08.2024
Report
31.08.2024
Rail container transportation in the Eurasian space in the first half of 2024

Cargo traffic along the Eurasian rail route within the China-Europe-China segment totalled 189 thousand TEUs during the first half of 2024, up 66% compared to the same period in 2023.