15-03-2017

Drewry: World Container Index down by 1.3%

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 1.3% to US$1476.90/40ft container [week commencing Monday, 13 Mar 17].

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World Container Index assessed by Drewry

Drewry assessment: Monday, 13 March 2017

The composite index has softened since January, but remains 111% higher than this time last year.
The average composite index of the World Container Index assessed by Drewry for the year to date is US$1,253/40ft container, lower than the 5-year average of $1,697/40ft container.
The market remains highly volatile, with rates from Rotterdam to Shanghai up 45% this week.

Spot freight rates by route – assessed by Drewry

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Source: Drewry

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