Drewry WCI holds at $4,476 for second week as transpacific firms, Asia-Europe eases

Summary

Drewry's 10 September WCI held at $4,476/FEU, up just $11 on the week but 119% year-on-year. Transpacific strengthened: Shanghai-Los Angeles $7,352 (+2%, +175% YoY) and Shanghai-New York $9,726 (+1%, +160% YoY). Asia-Europe weakened as Suez returns: Shanghai-Rotterdam $3,997 (-2%) and Shanghai-Genoa $4,216 (-3%). Shanghai's wait eased from 94 to 64 hours.