Drewry WCI fell 4.74 per cent to $2,107 per FEU in the week ending January 29, marking a third straight weekly decline.
Weak demand ahead of Chinese New Year weighed on Transpacific and Asia–Europe rates, prompting more blank sailings.
Divergent carrier strategies, including selective Suez Canal usage, suggest capacity will return gradually, limiting the risk of a sharp rate collapse.
Weak demand ahead of Chinese New Year weighed on Transpacific and Asia–Europe rates, prompting more blank sailings.
Divergent carrier strategies, including selective Suez Canal usage, suggest capacity will return gradually, limiting the risk of a sharp rate collapse.