Drewry’s World Container Index fell 10pc last week as rates slide

Capt. John

DREWRY’s composite World Container Index decreased 10 per cent to US$4,014.10 per FEU last week, the 31st consecutive weekly decrease, as well as posting 61 per cent drop year on year, reports Hellenic Shipping News Worldwide. The latest Drewry WCI remains eight per cent higher than the five-year average of $3,714.The average composite index for the year-to-date is $7,597 per FEU, which is $3,884 higher than the five-year average, that’s the $3,714 mentioned above. Freight rates on the...

https://www.seanews.com.tr/drewrys-world-container-index-fell-10pc-last-week-as-rates-slide/194583/

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