The Drewry World Container Index fell -6% WoW and -25% YoY to $2,629 in the Week of February 27th, the lowest in over two years.

• Routes from China continue to see declines, especially to the US: Shanghai-LA down -11% WoW, Shanghai-NY down -10% WoW, Shanghai-Genoa down -2% WoW, and Shanghai-Rotterdam down -1% WoW.