The Drewry World Container Index fell -3% WoW and -23% YoY to $2,541, a new 2.5 year low.

• Rates continued to fall in Chinese routes: Rotterdam-Shanghai down -4% WoW, Shanghai-LA down -9% WoW, and Shanghai-NY down -6% WoW.
• Rotterdam routes are the only ones increasing: Shanghai-Rotterdam up 2% WoW and NY-Rotterdam up 1% WoW.
• Drewry expects rates to continue to decrease next week due to increased shipping capacity.