DREWRY's composite World Container Index slipped 0.1 per cent to US$7,625.56 per FEU last week, which was still 18 per cent higher that it was a year ago, reports Hellenic Shipping News Worldwide.
The average composite index of the WCI, assessed by the London maritime research house for the year-to-date is $8,614 per FEU, which is $5,214 higher than the five-year average of $3,400.
Freight rates on the Shanghai-LA and the Shanghai-New York routes remained steady, however, they were 46 per cent and 44 per cent higher than the same week last year.
Rates for Shanghai-Rotterdam, Rotterdam-Shanghai, Shanghai-Genoa, Los Angeles-Shanghai, Rotterdam-New York and New York-Rotterdam hovered around previous week's level. Drewry expects index to decrease slowly in the next few weeks.
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