Drewry World Container Index

Data Shipping

Source: Drewry
Source Link: https://www.drewry.co.uk/
Frequency: Weekly
Next Release(s): December 4th, 2025 9:45 AM

Latest Updates

The Drewry World Container Index (WCI) fell -2% WoW to $1,806 per 40ft container, reflecting broad rate declines across both Transpacific and Asia–Europe lanes amid softer demand and rising available capacity.
- Shanghai–New York dropped -6% WoW to $2,735, marking a third straight weekly decline as Transpacific headhaul rates continued to weaken.
- Shanghai–Los Angeles fell -4% WoW to $2,089, with Drewry noting that fewer blank sailings next week could increase capacity and apply further downward pressure on rates.
- Shanghai–Genoa and Shanghai–Rotterdam both declined -1% WoW, to $2,300 and $2,165 respectively, ending a six-week streak of increases on the Asia–Europe corridor.
- Carriers on Asia–Europe are attempting to lift spot rates by raising December FAK levels to $3,100–$4,000 per 40ft, aiming to strengthen pricing ahead of contract negotiations.
- A national strike in Belgium caused congestion at the Port of Antwerp, with delays expected to worsen as some carriers shift back to the Suez Canal route.
- Drewry’s outlook indicates the supply-demand balance may weaken further in coming quarters, particularly if Suez transits normalize and additional capacity returns to the market.
The Drewry World Container Index (WCI) held steady WoW at $1,852 per 40ft container, reflecting offsetting moves between weakening Transpacific demand and rising Asia–Europe rates.
- Shanghai–New York fell -10% WoW to $2,922, marking a second straight weekly decline as Transpacific spot rates continued to soften.
- Shanghai–Los Angeles dropped -7% WoW to $2,172, with Drewry noting that blank sailings are expected to decrease next week, suggesting more capacity and additional rate pressure.
- Shanghai–Genoa rose +6% WoW to $2,319, extending a six-week streak of increases on the Asia–Europe lane.
- Shanghai–Rotterdam increased +8% WoW to $2,193, supported by carriers implementing higher December FAK rates to push spot levels upward ahead of contract negotiations.
- Overall WCI remained unchanged WoW, as falling Transpacific rates were offset by rising Asia–Europe rates.
- Drewry’s forecaster expects the supply-demand balance to weaken in coming quarters, especially if Suez Canal transits normalize and bring additional capacity back into the market.
The Drewry World Container Index (WCI) fell -5% WoW to $1,859 per 40ft container, marking the first decline after four straight weekly increases and reflecting easing demand following early holiday shipments.
- Transpacific spot rates weakened sharply, with Shanghai–New York down -15% WoW to $3,254 and Shanghai–Los Angeles down -12% to $2,328, showing that recent GRIs were unable to hold as demand softened after retailers completed holiday imports.
- Drewry noted that Transpacific rates are likely to soften slightly or remain steady next week, indicating limited near-term support now that seasonal demand has passed.
- Asia–Europe routes moved higher, with Shanghai–Genoa up +4% to $2,193 and Shanghai–Rotterdam up +3% to $2,028, as carriers attempt to lift spot prices ahead of the new contract negotiation season.
- Carriers on the Asia–Europe lane are implementing higher mid-November FAK rates of $3,000 to $3,650 per 40ft box, a move aimed at pushing spot levels higher before negotiations begin.
- Drewry’s Container Forecaster expects the supply-demand balance to weaken in coming quarters, especially if Suez Canal transits normalize and add more effective capacity back into the system.
The Drewry World Container Index (WCI) rose +8% WoW to $1,959 per 40ft container, marking a fourth consecutive weekly increase after a 17-week slide, driven by early-November GRIs and pre-contract rate hikes across major routes.
- Shanghai–Los Angeles rates climbed +9% WoW to $2,647 per 40ft box, and Shanghai–New York rose +8% to $3,837, supported by General Rate Increases (GRIs) implemented on November 1.
- Asia–Europe routes strengthened, with Shanghai–Rotterdam up +9% to $1,962 and Shanghai–Genoa up +8% to $2,111, as carriers pushed FAK rates higher ahead of the annual contract negotiation season.
- Backhaul routes were stable, with Rotterdam–Shanghai unchanged at $463 and Los Angeles–Shanghai edging +1% to $713, reflecting limited recovery in westbound demand.
- The transatlantic market was mixed: New York–Rotterdam increased +2% to $865, while Rotterdam–New York dipped -1% to $1,664.
- The composite index remains -43% YoY lower, underscoring ongoing market weakness despite recent short-term price gains.
- Drewry noted that the recent upward momentum is likely temporary, with rates expected to soften again in coming quarters as supply-demand fundamentals weaken.
Drewry’s World Container Index (WCI) rose +4% WoW to $1,822 per 40ft container, marking a third consecutive weekly gain after a prolonged 17-week decline, supported by upcoming General Rate Increases (GRIs) on major trade lanes.
- Shanghai–Los Angeles rates increased +6% WoW to $2,438, while Shanghai–New York rose +4% to $3,568, reflecting short-term pricing support ahead of November 1 GRIs.
- Asia–Europe routes strengthened, with Shanghai–Rotterdam up +3% to $1,795 and Shanghai–Genoa up +5% to $1,955, as carriers raised FAK rates before annual contract negotiations.
- Backhaul routes were mostly steady, with Rotterdam–Shanghai up +1% to $463 and Los Angeles–Shanghai unchanged at $706.
- Transatlantic rates edged lower, with Rotterdam–New York down -2% to $1,678 and New York–Rotterdam off -1% to $846.
- The composite index remains -43% lower YoY, underscoring continued weakness compared with 2024 levels despite recent rate stabilization.
- Drewry noted that while further small increases are possible next week, the uptrend is expected to be temporary as supply-demand dynamics weaken in coming quarters.
Drewry’s World Container Index (WCI) rose +3% WoW to $1,746 per 40ft container, marking a second straight weekly increase after 17 consecutive declines, driven by mid-October General Rate Increases (GRIs) on major routes.
- Shanghai–Los Angeles rates climbed +4% WoW to $2,290, while Shanghai–New York rose +6% to $3,420, supported by recent GRIs and seasonal pricing actions.
- Asia–Europe lanes strengthened further, with Shanghai–Rotterdam up +4% to $1,736 and Shanghai–Genoa up +2% to $1,855, as carriers sought to firm prices ahead of contract negotiations.
- The composite index, though higher for two consecutive weeks, remains -44% YoY, reflecting significant price erosion versus 2024 levels.
- Backhaul and transatlantic routes showed little movement; Rotterdam–New York fell -4% to $1,720, while Rotterdam–Shanghai edged up +1% to $458.
- Drewry noted that carriers plan new GRIs for November 1 and 15, targeting FAK rates between $2,600 and $2,700 per 40ft container to stabilize pricing.
- Despite the short-term rebound, Drewry’s Container Forecaster expects the supply-demand balance to weaken in coming quarters, leading to renewed rate pressure.
Drewry’s World Container Index (WCI) rose +2% WoW to $1,687 per 40ft container, marking the first increase after 17 consecutive weekly declines, supported by General Rate Increases (GRIs) on key routes.
- Shanghai-Rotterdam rates jumped +6% WoW to $1,669 per 40ft container, helped by new Freight All Kinds (FAK) rate hikes implemented mid-October.
- Shanghai-Genoa increased +2% WoW to $1,821, showing mild recovery across Asia-Europe lanes after the post-Golden Week slump.
- Shanghai-Los Angeles rose +1% WoW to $2,195, while Shanghai-New York climbed +1% to $3,236, reflecting early impact from recent carrier GRIs.
- Los Angeles-Shanghai slipped -1% WoW to $710, indicating softer backhaul demand.
- Rotterdam-New York and New York-Rotterdam both increased +2% WoW to $1,797 and $845, respectively.
- Despite the weekly rebound, spot rates remain sharply lower YoY, with the composite index down -48% and Asia-Europe routes off more than -45%.
- Drewry expects the rate gains to be short-lived, with additional GRI attempts planned for November to offset an anticipated downturn as supply-demand conditions weaken in coming quarters.
Drewry’s World Container Index (WCI) fell -1% WoW to $1,651 per 40-ft container, marking the 17th straight weekly decline and the lowest level since January 2024, reflecting continued softness in spot demand.
- Composite WCI: $1,651/40ft (-1% WoW). This is the 17th consecutive weekly drop and the lowest WCI since Jan-2024, underlining a persistent downtrend in spot rates.
- Shanghai to Los Angeles: $2,176/40ft (-1% WoW). Transpacific rates were relatively muted this week, with Golden Week seasonal slowdowns keeping volatility low.
- Shanghai to New York: $3,189/40ft (0% WoW). East-coast transpacific rates held steady, showing more resilience than Asia–Europe lanes during the holiday period.
- Shanghai to Rotterdam: $1,577/40ft (-2% WoW). Asia–Europe rates recorded their ninth straight weekly decline and are nearing pre-Red Sea attack levels, signaling broad weakness on this corridor.
- Shanghai to Genoa: $1,793/40ft (-1% WoW). Another weekly decline on Asia–Europe trade, consistent with the regional downtrend.
- Outlook: Drewry’s forecaster expects the supply-demand balance to weaken over the next few quarters, which should put further downward pressure on spot rates.
Drewry’s World Container Index (WCI) declined -5% WoW to $1,669 per 40ft container, marking the 16th straight weekly drop and reaching its lowest level since January 2024.
- Shanghai–Los Angeles spot rates fell -5% WoW to $2,196/feu, extending losses ahead of China’s Golden Week factory closures.
- Shanghai–New York rates slipped -2% WoW to $3,200/feu, continuing the broader downward trend.
- Asia–Europe lanes weakened for the 10th consecutive week, with Shanghai–Rotterdam down -7% WoW to $1,613/feu and Shanghai–Genoa down -9% WoW to $1,804/feu.
- Carriers have increased blank sailings and cut capacity to offset slowing demand, but rates continue to fall across major East–West trade routes.
- Drewry projects the supply–demand balance will deteriorate further in coming quarters, driving additional contraction in spot rates.
Drewry’s World Container Index fell -8% WoW to $1,761 per 40ft container, marking the 15th consecutive weekly decline and reinforcing broad weakness across major trade lanes.
- Shanghai–Los Angeles spot rates dropped -10% WoW to $2,311/feu, giving back the brief September gains from GRIs and blank sailings.
- Shanghai–New York rates fell -8% WoW to $3,278/feu, continuing the downward trajectory seen in recent weeks.
- Asia–Europe routes also weakened, with Shanghai–Rotterdam down -9% WoW to $1,735/feu and Shanghai–Genoa down -7% WoW to $1,990/feu.
- Carriers are actively cutting capacity ahead of China’s Golden Week, when factories will close for eight days, but demand softness is still weighing on freight levels.
- Drewry’s Container Forecaster projects the supply–demand balance will weaken further over the coming quarters, pressuring spot rates to contract further.
Drewry’s World Container Index fell -6% WoW to $1,913 per 40ft container, marking the 14th straight weekly decline and highlighting continued weakness across major trade routes.
- Transpacific spot rates resumed their decline, with Shanghai–Los Angeles down -4% WoW to $2,561/feu and Shanghai–New York down -5% WoW to $3,571/feu, reversing the temporary gains from GRIs and blank sailings.
- Asia–Europe spot rates fell more sharply, with Shanghai–Rotterdam down -11% WoW to $1,910/feu and Shanghai–Genoa down -9% WoW to $2,131/feu, reflecting oversupply from new vessel deliveries amid softening demand.
- The recent alignment of Transpacific and Asia–Europe rates in a downward trajectory underscores the broad-based deterioration in container shipping markets.
- Carriers are implementing more blank sailings ahead of China’s Golden Week starting October 1, but Drewry expects rates to continue declining in the coming weeks.
- Drewry’s Container Forecaster sees further weakness in 2H25, with risks tied to Trump’s tariff policies and possible U.S. penalties on Chinese vessels, both of which could add volatility to rates.
Drewry’s World Container Index fell -3% WoW to $2,044 per 40ft container in early September 2025, marking the 13th consecutive weekly decline and reflecting diverging trends across trade lanes.
- Transpacific spot rates increased, with Shanghai–Los Angeles up +6% to $2,678/feu and Shanghai–New York up +2% to $3,743/feu, driven by carrier GRIs.
- Drewry noted these gains may not be sustained without further capacity cuts, especially with Golden Week holidays approaching.
- Asia–Europe routes weakened, as Shanghai–Rotterdam fell -10% to $2,143/feu and Shanghai–Genoa dropped -12% to $2,342/feu, pressured by oversupply from new vessel deliveries.
- Carriers are increasing blank sailings ahead of Golden Week, but Drewry still expects slight rate declines in the coming weeks.
- The broader outlook points to renewed weakness in 2H25, with risks tied to Trump’s tariff policy and possible U.S. penalties on Chinese ships.