Detailed assessment for Thursday, 23 December 2021
- The composite index increased marginally this week, and, remains 119% higher than a year ago.
- The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,555 per 40ft container, which is $4,756 higher than the five-year average of $2,799 per 40ft container.
- Drewry’s World Container index composite index increased marginally to $9,304.05 per 40ft container, and is 119% higher than the same week in 2020. Freight rates from Rotterdam — Shanghai fell 1% to reach $1,547 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.