2024 Drewry container rates

Drewry container rates

Author: aquk

August undefined, 2024

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 ... 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.

2024 Rate Outlook: Will Shippers Catch a Break?

WebFreight Rates World Container Index assessed by Drewry. Drewry Shipping Consultants compiles the World Container Index, a composite of freight rates on eight major routes to/from the US, Europe and Asia. Freight Rates The CTS Global Aggregated Price Index. Independent monthly price index. Information on all lines belonging to World Liner Data ... 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 ... talbott tennessee county

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

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 ... WebApr 14, 2024 · The latest Drewry WCI composite index of $1,709 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 $2,688, indicating ... WebDec 22, 2024 · Drewry serves its clients through four business units: Drewry Maritime Research, publishing market-leading research on every key maritime sector; Drewry … talbott tn news

Container Freight Rate Index: Overview, Types and Methodology

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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 40ft container this week. However, the anticipated arrival of newbuilt capacity will present a real capacity management headache for carriers and the risk of further weakness ... WebSep 28, 2024 · The Drewry Hong Kong-Los Angeles container-rate benchmark held firm at a record-high $7,961 per 40-foot container for the third straight week through Sept. 15. Unprecedented conditions stem from ... talbott tn countyWebOct 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 ... talbott teas where to buy

"WebDec 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, … " - Drewry container rates

Drewry container rates

After two years of shipping snarls, things are starting to turn

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 … WebJan 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 …

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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 ... 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 …

WebOct 29, 2024 · Drewry Shipping Consultants says that if container carriers "refrain from returning too much capacity, there is a reasonable hope for higher freight rates as we … 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 ...

WebApr 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. WebApr 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 …

WebContainer freight rates oscillated dramatically between January 2024 and March 2024. The year 2024 saw an especially steep increase in global freight rates, reaching a record …

WebThe 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 … twitter smerconishWebApr 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 … talbott tn to charlotte ncWebIntroducing Drewry's all-new Container Freight Portal -- The Portal brings together all Drewry's ocean freight cost benchmarking and rate-related procurement support services in a single online platform. Going live this month, … talbott tn nicheWeb16 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 – … twitter smith machineWebOct 24, 2024 · Drewry’s Dry Shipping Container Newbuild Price Index, which tracks values of new 40ft high cube containers, dropped four points in the quarter to a value of 82, … talbott tn houses for saleWebApr 13, 2024 · Log in. Sign up twitter smoking inhalesWebJan 9, 2024 · The separate Drewry Worldwide Container Index (WCI) measuring the average price to ship a 40-foot container reached $2,773 in early November, the lowest level in two years. Drewry, a UK-based data provider, said that the average rate to ship a 40-foot container from Shanghai to Los Angeles had fallen to $2,262 in the first week of … talbott tn post office