World Container Index - 23 Dec


Drewry’s composite World Container Index increased marginally to $9,304.05 per 40ft container this week.

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.

Analytics on topic
Trade outlook 2023: slow steaming in rough waters

After a bumpy year, 2023 could prove to be even more challenging for global goods trade with consumer demand faltering, oversupply returning, and the energy and subsequent inflation crisis persisting. But the supply chain pain is expected to ease and shipping a container will be cheaper

Message from Alexey Grom, CEO of UTLC ERA regarding the launch of renewed and updated ERAI web-portal.

The Eurasian Rail Alliance Index (ERAI) was introduced for the first time exactly a year ago, at PRO//Dvizhenie.1520 Transport Logistics Forum in Sochi. It is a unique instrument that allows any market player to decide on the delivery mode by assessing the cost of transportation via the longest leg of the Trans-Eurasian Route.