In accordance with the assessment of Drewry Supply Chain Advisors, the container rates this week continued their decreasing tendency. As it is mentioned, their composite World Container Index decreased by 9% to $2,983 per 40-foot container.

Freight rates from Shanghai to Rotterdam increased 1% or $33 to $3,204, and Rotterdam to Shanghai remained unchanged at $515 per 40-foot container.

Also, the rates from New York to Rotterdam falls 1% or $7 to $826 per FEU, but opposite way Rotterdam to New York remain stable at $1,982 per FEU.

The rates from Shanghai to Genoa increased by 1% or $25 to $4,100, while Shanghai to Los Angeles decreased by 20% or $961 to $3,741, and Shanghai to New York falls 13% or $881 to $5,703 per 40-foot container.

Finally, the rates from Los Angeles to Shanghai remain stable at $717 per FEU.

^{Source: World Container Index, Drewry Supply Chain Advisors}