DREWRY's composite World Container Index slipped 0.1 per cent to US$7,625.56 per FEU last week, which was still 18 per cent higher that it was a year ago, reports Hellenic Shipping News Worldwide.
The average composite index of the WCI, assessed by the London maritime research house for the year-to-date is $8,614 per FEU, which is $5,214 higher than the five-year average of $3,400.
Freight rates on the Shanghai-LA and the Shanghai-New York routes remained steady, however, they were 46 per cent and 44 per cent higher than the same week last year.
Rates for Shanghai-Rotterdam, Rotterdam-Shanghai, Shanghai-Genoa, Los Angeles-Shanghai, Rotterdam-New York and New York-Rotterdam hovered around previous week's level. drewry expects index to decrease slowly in the next few weeks.
SeaNews Turkey
The average composite index of the WCI, assessed by the London maritime research house for the year-to-date is $8,614 per FEU, which is $5,214 higher than the five-year average of $3,400.
Freight rates on the Shanghai-LA and the Shanghai-New York routes remained steady, however, they were 46 per cent and 44 per cent higher than the same week last year.
Rates for Shanghai-Rotterdam, Rotterdam-Shanghai, Shanghai-Genoa, Los Angeles-Shanghai, Rotterdam-New York and New York-Rotterdam hovered around previous week's level. drewry expects index to decrease slowly in the next few weeks.
SeaNews Turkey