Drewry WCI fell by 4.75 per cent to $3,970 per 40ft container, continuing its downward trend.
Rates from Shanghai to major ports dropped by 1-9 per cent, while some routes, like Rotterdam to New York, saw minor increases.
The index remains 62 per cent lower than its 2021 peak but 180 per cent higher than pre-pandemic levels.
Weak demand and the potential ILA strike may further impact rates.
Rates from Shanghai to major ports dropped by 1-9 per cent, while some routes, like Rotterdam to New York, saw minor increases.
The index remains 62 per cent lower than its 2021 peak but 180 per cent higher than pre-pandemic levels.
Weak demand and the potential ILA strike may further impact rates.