Drewry World Container Index: Week of February 26th

Drewry World Container Index

The Drewry WCI fell -1% WoW to $1,899 per container, the seventh straight weekly decline.

  • Shanghai–Rotterdam rates declined -1% to $2,094 and Shanghai–Genoa fell -2% to $2,826, continuing weakness on Asia–Europe routes.

  • Shanghai–Los Angeles rates decreased -1% to $2,191 while Shanghai–New York held at $2,771, indicating mixed Transpacific pricing.

  • Nine blank sailings were announced for next week on Transpacific routes, fewer than the current week as factories resume production after CNY.

  • Rates typically rebound in March as Asian factories reopen, but rising capacity is expected to keep spot prices under pressure.

  • Drewry expects Transpacific rates to remain stable next week despite recent declines.

  • Policy discussion of a 10% global tariff rising to 15% signals additional trade policy uncertainty affecting shipping conditions.