Transpacific surge lifts Drewry WCI 1% to $4,339 as Asia-Europe slips

Summary

Drewry's World Container Index rose 1% to $4,339 per 40ft box in the week to 13 August, with all the gain coming from the transpacific. Shanghai-New York jumped 10% to $8,706 and Shanghai-Los Angeles rose 6% to $6,244, while Shanghai-Rotterdam eased 5% to $4,425. Carriers cancelled 10 sailings in each of the past two weeks to defend pricing.