Drewry: World Container Index down by 0.3%
The composite index decreased 0.3% this week, but increased by 12.8% when compared with same period of 2018, according to figures by global shipping consultancy Drewry.
TINNews
The composite index decreased 0.3% this week, but increased by 12.8% when compared with same period of 2018, according to figures by global shipping consultancy Drewry.
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down 0.3% to $1,330.29 per 40ft container, as of Thursday, 18 April 2019.
Namely, freight rates on Shanghai-Rotterdam dropped $48 to $1312 for a 40ft container and $12 on Shanghai-Genoa head haul leg.
"However, with imposition of GRI, freight rates on Rotterdam – New York grew $306 to $2302 for a 40ft box. Drewry expects that the rates may fall next week."
See here a two-year spot freight rate trend for the World Container Index:
