News
The composite index is down by 1.1% this week and down by 18.7% from the same period of 2017, according to UK research firm Drewry Maritime Research announced April 19.
•The average composite index of the World Container Index WCI, assessed by Drewry for year-to-date, is US $1,374/40ft container, which is $83 lower than the five-year average of $1,457/40ft container.
•Transatlantic headhaul rate to New York stabilised from a drop of $136 last week, by gaining $143 to reach $2,007 per feu. Rates from Shanghai to Genoa plummeted – a change of $145 – to reach $1,098 per 40ft. Similarly, rates from Shanghai to Rotterdam fell by $34 for a 40ft box to $1,155. Meanwhile, rates on Shanghai-Los Angeles inched up by $30 to reach $1,210 per feu this week, and rates on Shanghai-New York rose to $2,398 per feu. Drewry expects the rates to soften next week.
