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Drewry container index jumps 9% on transpacific and Asia-Europe gains

Spot rates climb as peak-season demand and blank sailings tighten capacity

Container ship at sea

Drewry's World Container Index has risen 9% to $4,530 per 40ft container, lifted by sharp gains on the transpacific and Asia-Europe trades.

Shanghai to New York climbed 11% to $7,902, Shanghai to Los Angeles rose 10% to $6,349, Shanghai to Genoa gained 10% to $6,360 and Shanghai to Rotterdam added 7% to $4,682. Carriers announced eight blank sailings on the transpacific for the coming week against just one on Asia-Europe, tightening capacity, while HMM introduced a $3,000 per 40ft peak-season surcharge effective 15 July.

With general rate increases, peak-season surcharges and FAK rises continuing amid strong demand and Middle East uncertainty, Drewry expects further increases.

#containers#freight-rates#drewry#transpacific#spot-rates
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