The Drewry World Container Index fell -1% WoW to $2,076 last week, the fourth straight weekly decline.

• Rates were mixed across routes with the largest declines in the rates for the Shanghai-Rotterdam (-7% WoW) and Shanghai-Genoa (-4% WoW) routes.
• The largest increases were in the rates for the Shanghai-LA (+5% WoW) and Shanghai-NY (+4% WoW) routes.
• Drewry expects rates to be less volatile in the coming week as carriers are reorganising their capacity to reflect a lower volume of cargo bookings from China.