The Drewry World Container Index (WCI) fell -4% WoW to $2,445 per 40ft container, reflecting softer pricing on major Transpacific and Asia–Europe lanes.

• The composite WCI declined from $2,557 to $2,445 WoW (-4%) and remained down -37% YoY, indicating rates are still substantially lower than last year despite recent volatility.

• Shanghai–New York spot rates fell -10% WoW to $3,568 per 40ft container, marking one of the sharpest weekly drops among the major routes.

• Shanghai–Los Angeles rates declined -7% WoW to $2,909, also contributing meaningfully to the overall index pullback.

• Drewry noted carriers were unable to sustain higher rates due to weak demand, even as Chinese New Year factory shutdowns expected in mid-February were putting upward pressure on spot pricing.

• Asia–Europe lanes were also lower, with Shanghai–Rotterdam down -3% WoW to $2,763 and Shanghai–Genoa down -1% WoW to $3,839, showing modest easing relative to last week’s levels.

• Ocean carriers reportedly put plans to resume Red Sea transits on hold amid escalating protests in Iran and risk of direct U.S. military intervention, which Drewry said continues to drive regional volatility.