Drewry World Container Index: Week of February 12th

The Drewry World Container Index fell -1% WoW to $1,933 per 40ft container, marking a fifth consecutive weekly decline amid softening global freight demand.
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Shanghai–Los Angeles spot rates declined -1% WoW to $2,214 per 40ft container, while Shanghai–New York fell -1% WoW to $2,800, reflecting weaker Transpacific volumes linked to low cargo demand.
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Carriers announced 57 blank sailings over the next two weeks on Transpacific East and West Coast routes, significantly higher than in previous years, signaling active capacity management ahead of factory closures.
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Shanghai–Rotterdam rates dropped -2% WoW to $2,127 and Shanghai–Genoa declined -3% WoW to $2,965, extending losses on Asia–Europe lanes amid ongoing market volatility.
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On the Asia–Europe/Med trade route, 24 blank sailings were announced over the next two weeks, indicating further supply adjustments in response to weak demand and CNY-related disruptions.
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Spot rates peaked earlier than usual this year and are now falling sharply, contrary to typical pre-CNY seasonal firming, suggesting weaker-than-expected demand conditions.
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Drewry expects spot rates on both Transpacific and Asia–Europe routes to decline slightly in the coming weeks if normal seasonal patterns continue, reinforcing the current soft market backdrop.
