WCI on a stable high
Drewry's World Container Index moved sidewards (-0.1%) this week, maintaining the level of USD 7,648.18 per feu. A comparison with the same period in 2021 shows the difference. The WCI is 24.7% higher than the same week in 2021.
In detail, freight rates on Los Angeles – Shanghai dropped 1% or USD 8 to USD 1,278 per feu. Rates on Shanghai – Rotterdam, Rotterdam – Shanghai, Shanghai – Genoa, Shanghai – Los Angeles, Shanghai – New York, Rotterdam – New York and New York – Rotterdam hovered around previous weeks level. Drewry expects spot rates to remain stable in the coming weeks. (sh)