The Drewry WCI composite index jumped 12% week-on-week to $3,969 per 40ft container for the week ending June 18, its highest level in 18 months. Shanghai-New York surged 15% to $6,769, Shanghai-Los Angeles rose 10% to $5,142, Shanghai-Rotterdam climbed 15% to $4,342, and Shanghai-Genoa gained 12% to $5,756. Six blank sailings were announced on the transpacific for the next week, while only three were posted on Asia-Europe, reflecting tight capacity. Carriers are implementing surcharges to manage frontloading demand ahead of expected July US tariff changes and the July 1 bunker fuel adjustment. Drewry expects rates to increase further in the coming weeks, with the US-Iran interim agreement expected to stabilise oil and bunker fuel prices, potentially easing some cost pressure.
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