The Drewry World Container Index (WCI) rose 2% this week to $1,957 per 40ft container, marking the second consecutive weekly increase. The uptick was primarily driven by higher spot rates on Asia–Europe trade lanes, despite declining rates on Transpacific routes.
© Ilfede | Dreamstime
Spot rates from Shanghai to Los Angeles fell 7% to $2,103 per 40ft container, while rates to New York dropped 5% to $2,756, following a short-lived recovery last week from January 2025 lows. Blank sailings on the Transpacific trade lane increased, with 12 cancellations already announced for next week. Drewry noted that carriers' attempts to prop up rates are challenged by a lack of cargo volume, as most Christmas inventory shipped in November. The consultancy forecasts that Transpacific rates may soften slightly in the coming week.
Conversely, Asia–Europe rates continued to strengthen. Spot rates on the Shanghai–Genoa route surged 13% to $3,004 per 40ft container, while Shanghai to Rotterdam increased 5% to $2,361. This rise reflects a seasonal shift, with Drewry observing consistent year-end demand growth over the past three years. Early bookings ahead of Lunar New Year 2026 are already contributing to market stability, and further slight increases are expected next week.
Drewry's assessment underscores the divergence between Transpacific and Asia–Europe trade lanes. While Transpacific rates remain under pressure due to low cargo volumes and ongoing blank sailings, Asia–Europe routes benefit from sustained demand and early seasonal bookings.
© Drewry
More information:
Drewry
www.drewry.co.uk
