Drewry World Container Index: Week of February 19th

The Drewry World Container Index fell -1% WoW to $1,919 per 40ft container, extending declines amid broad route weakness.
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Shanghai to New York spot rates declined -1% WoW to $2,782, while Shanghai to Los Angeles held flat at $2,219, indicating uneven conditions across Transpacific lanes.
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Carriers announced 31 blank sailings for next week on Transpacific East and West Coast routes, far above prior years, reflecting active capacity management to stabilize pricing.
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Shanghai–Rotterdam rates fell -1% WoW to $2,109 and Shanghai–Genoa declined -2% WoW to $2,895, continuing the downward trend on Asia–Europe trades.
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Eight blank sailings were scheduled on the Asia–Europe/Med route due to volatility and CNY factory closures, signaling supply adjustments in response to weaker demand.
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Spot rates peaked earlier than usual ahead of CNY and are now falling, running counter to the typical seasonal pre-holiday firming pattern.
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Drewry expects further modest declines across both Transpacific and Asia–Europe routes if normal seasonal patterns persist, reinforcing the soft market backdrop.
