2024 Drewry container rates

Drewry container rates

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August undefined, 2024

WebMar 23, 2024 · It is 35 percent lower than the 10-year average of $2,690 per container, indicating a return to more normal prices, but remains 24 percent higher than average 2024 pre-pandemic rates of $1,420. The average composite index for the year-to-date is $1,957 per container, which is $733 lower than the $2,690 10-year average. Web28th August 2014, London a€“ Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities …

Different container indexes, vastly different rates. Which is right?

WebThe Drewry World Container Index (WCI) measures the bi-weekly ocean freight rate movements of 40-foot containers in seven major maritime lanes. It is expressed as an average price per 40-foot container (in US$). There is also a global price that is an average across all seven lanes. The SONAR chart above shows the global composite index of all ... WebApr 13, 2024 · In the coming weeks we will launch the Beta release of our all-new Container Freight Portal, with the roll-out programme starting with Drewry Benchmarking Club clients and subscribers to our Container Freight Rate Insight Service (CFRI). The two introductory videos below provide an overview of the new CFRI service and Search Rates function ... goldmembers

Drewry expects spot rates to remain stable in the near future

WebOct 29, 2024 · Drewry's own World Container Index, indicated that on Oct. 24, spot container rates were 47% lower from Shanghai to Los Angeles and 28% lower from Shanghai to New York than they were at the same ... WebNov 11, 2024 · The latest Drewry composite World Container Index — a key benchmark for container prices — has fallen again to $2,773 per 40-foot container. That's 73% lower than the peak rate in September ... WebOct 7, 2024 · Simon Heaney, the senior manager for container research at Drewry, says average spot rates have plateaued over the last two weeks because carriers, notably Hapag-Lloyd and CMA CGM, two major ... headlamps scooter

Drewry’s Weekly Analysis — April 14, 2024 : r/zim - Reddit

Global container shipping rates 2024 Statista

WebIn 4Q21, Drewry LNG shipping equity index increased by 13% while in YTD 2024 (till 21 January 2024), the index declined by 26.5% driven by weakness in the broader equity market and decline in LNG ... WebOct 17, 2024 · The latest Drewry composite World Container Index — a key benchmark for container prices — is $3,689 per 40-foot container. That’s 64% lower than the same time last September after falling ... gold members club scamWebApr 6, 2024 · Spot rates in both the container and bulk sectors lost between 10-30 percent of their value over the month, taking multipurpose charter rates down with them. Drewry estimates the latter to have fallen by some 5.4 percent during the month, taking the index to an average USD10,075 per day. goldmember rating

"WebSurprisingly, ocean carriers have avoided an further rate drop recently, despite the challenging circumstances. Drewry’s World Container Index held steady at $1,709 per … " - Drewry container rates

Drewry container rates

Drewry: World Container Index Stable This Week

WebApr 6, 2024 · It is 36% lower than the 10-year average of $2,689, indicating a return to more normal prices, but remains 20% higher than average 2024 (pre-pandemic) rates of … WebApr 9, 2024 · According to Figure 4, Drewry’s composite World Container Index (WCI) is now down 79% YoY. Also, compared with the peak of $10377 per 40-foot container in September 2024, WCI is now down 84% ...

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WebJan 16, 2013 · The Drewry Hong Kong-Los Angeles container rate benchmark, published in the latest Container Freight Rate Insight report, jumped 14% to US$2,524 per 40ft … WebMay 12, 2024 · The average composite index of the World Container Index (WCI), assessed by Drewry for year-to-date, is US$8,768 per 40ft container, which is US$5,439 higher …

WebMay 12, 2024 · The average composite index of the World Container Index (WCI), assessed by Drewry for year-to-date, is US$8,768 per 40ft container, which is US$5,439 higher than the five-year average of US$3,329 per 40ft container. Meanwhile, freight rates on Shanghai – Rotterdam dropped 2% to US$9,824 per feu. WebApr 6, 2024 · Published Apr 6, 2024 5:33 PM by The Maritime Executive. After a year in which freight rates continued to set new highs, spot rates are on the decline in 2024 with experts pointing to a series of ...

Web16 hours ago · Drewry’s composite World Container Index remained stable at $1,708.63 per 40ft container this week. ... Shanghai fell 5% to $642 per feu. Rates on Shanghai – … WebApr 13, 2024 · Log in. Sign up

WebJun 24, 2024 · The World Container Index assessed by Drewry reports actual spot container freight rates for major East West trade routes. The Index consists of 8 route-specific indices representing individual shipping routes and a composite index. All indices are reported in USD per 40ft Container.

WebAug 6, 2024 · Click Image To Enlarge Source: Drewry’s Container Census & Leasing Annual Review and Forecast 2024/22; Drewry’s Container Equipment Forecaster 2Q21 … headlamps texas transportation codeWebDec 2, 2024 · The Drewry Shanghai-New York index fell the most in the week ended Sept. 22: 9% or $776 per FEU versus the prior week. Unlike in the Asia-West Coast market, … gold members club timeshareWebThe latest Drewry WCI composite index of $1,710 per 40-foot container is now 84% below the peak of $10,377 reached in September 2024. It is 36% lower than the 10-year average of $2,689, indicating a return to more normal prices, but remains 20% higher than … Drewry is an independent maritime research consultancy offering market … Download either all-in rates or a breakdown of the base rate, bunker adjustment … Drewry met our requirements and provided a high level of expertise, advanced … Our weekly Cancelled Sailings Tracker provides a snapshot of blank sailings … headlamp steve changWebMar 25, 2024 · 3) World Container Index. The World Container Index is an index developed by Drewry, one of the most reputed research, advisory and consulting service providers for the shipping and maritime industry. Drawing upon its expertise and accumulated data, Drewry publishes the WCI, covering the Spot market freight rates on … goldmember scriptWebJan 27, 2024 · Drewry's composite World Container Index fell 2% this week to US$2,046.51 per 40ft container. The Drewry WCI composite index is now already 80% down from the top of US$10,377 in September 2024. It … headlamps texasWebApr 9, 2024 · Many U.S.-based cargo shippers also move considerable volumes on the Asia-Europe route. However painful Asia-U.S. rates are, the Drewry indices highlight how much more painful the situation is for Asia-Europe shipments. The spot rate for Asia cargoes to North Europe is now up 396% year-on-year, with rates to the Mediterranean … headlamp sticker headlamp stone guards