Drewry WCI Steady at $3,025 as Market Digests June Hikes

Summary

The Drewry WCI composite index held at $3,025 per 40ft container for the week ending May 21, little changed as the market absorbed carriers' June increases. Shanghai-Los Angeles was flat at $3,660 and Shanghai-Rotterdam eased 1% to $3,010. Drewry said rate levels now largely reflect filed June initiatives, with the next directional move dependent on actual demand and any tariff-policy shifts.