The composite index inched up 0.2% or $8 this week, and also, remains 226.7% higher than a year ago.
The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,096 per 40ft container, which is $3,292 higher than the five-year average of $1,804 per 40ft container.
Drewry's composite World Container index inched up 0.2% or $8 to $4,913.07 per 40ft container. Freight rates on Shanghai-Genoa rose $264 to stand at $7,919 for a 40ft container and those on Shanghai-Los Angeles grew $71 to $4,209 for a 40ft box. Also, rates on Rotterdam-New York inched up $19 to $2,642 per feu. Conversely, rates on Shanghai-Rotterdam dropped $147 to come in at $7,831 for a 40ft box and those on Shanghai-New York fell $78 to $6,255 per feu. We expect the index to remain stable next week
Source: Drewry
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