Drewry World Container Index Climbs to 10 Month High

Ocean spots and demand hold steady, but waves may be building

Container freight spot rates on the transpacific and Asia-Europe trades showed moderate gains this week, in the absence of carrier-led price hikes, while demand remained firm. This week’s World Container Index (WCI) from Drewry saw its Shanghai-Rotterdam leg gain 5% on the previous week, to end a shade under the $5,000 mark, at $4,933 per 40ft, while the Shanghai-Genoa route was up 2%, to $6,463 per 40ft. Next week is likely to ... The post Ocea…

Drewry World Container Index climbs to 10 month high

The Drewry World Container Index (WCI) increased 2% this week to US$4,639 per 40ft container, reaching its highest level since September 2024 as stronger Asia-Europe rates continued to lift the market. Freight rates from Shanghai to Rotterdam rose 5% to US$4,933 per 40ft container, while rates to Genoa increased 2% to US$6,463. Drewry attributed the gains to constrained capacity, with only four blank sailings scheduled on the Asia-Europe trade n…