Drewry container freight rate

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August undefined, 2024

WebDec 2, 2024 · The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,447 per 40ft container, which is $4,738 higher than the five-year average of $2,709 per 40ft container. Drewry’s World Container index composite index decreased by 1.5% to $9,050.77 per 40ft container, but is 196% higher than the same week in 2024. WebFreight Rates World Container Index assessed by Drewry. Drewry Shipping Consultants compiles the World Container Index, a composite of freight rates on eight major routes to/from the US, Europe and Asia. Freight Rates The CTS Global Aggregated Price Index. Independent monthly price index. Information on all lines belonging to World Liner Data ...

Freight Rates Declining in 2024 in the Face of Uncertainties

WebOct 7, 2024 · Simon Heaney, the senior manager for container research at Drewry, says average spot rates have plateaued over the last two weeks because carriers, notably Hapag-Lloyd and CMA CGM, two major ... WebNov 7, 2024 · Drewry’s Global Reefer Container Freight Rate Index, a weighted average of rates across the top 15 reefer intensive deep-sea trade routes, rose 48% over the … efm news

Drewry World Container Index SONAR Knowledge Center

WebThe latest Drewry WCI composite index of $1,709 per 40-foot container is now 84% below the peak of $10,377 reached in September 2024. It is 36% lower than the 10-year … WebApr 13, 2024 · Log in. Sign up WebApr 6, 2024 · The Drewry World Container Index bears out the trend demonstrating that the same factors are at play on a global basis. ... While the drop in spot freight rates due to reduced volumes and ... efm medical meaning

What is the Drewry index? - EasyRelocated

WebJun 24, 2024 · The Drewry World Container Index (WCI) measures the bi-weekly ocean freight rate movements of 40-foot containers in seven major maritime lanes. It is expressed as an average price per 40-foot container (in US$). There is also a global price that is an average across all seven lanes. WebSep 28, 2024 · Peak prep, supply chain snags set to keep liner rates propped up. The Drewry Hong Kong-Los Angeles container-rate benchmark held firm at a record-high … efmn list of accepted itemsWebContainer freight rates retreated in 4Q21 from the all-time highs recorded in 3Q21 as the growth in cargo demand slowed down and supply chain congestion showed… efm mount

"WebOct 20, 2024 · Drewry’s base case for 2024 is that the ocean carrier sector will post earnings before interest and taxes (EBIT) of $100 billion. That’s down 64% from a projected 2024 EBIT of $275 billion but still well above pre-pandemic earnings. It’s definitely not a “hard landing.”. “The current state of the market is undeniable. " - Drewry container freight rate

Drewry container freight rate

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Web30 Mar 2024: Drewry’s World Container Index decreased by 2% to $1,716.85 per 40ft container this week. Read the detailed assessment: 23 March 2024: Global Port Throughput Index slid 2.6% MoM / 4.5% YoY in January 2024. A further fall of 5.6% … Closely aligned to our spot rate service is Drewry Benchmarking Club an … Browse Maritime Search Results - Drewry - Latest Trackers and Indices Experience - Drewry - Latest Trackers and Indices Maritime Research - Drewry - Latest Trackers and Indices Supply Chain Advisors - Drewry - Latest Trackers and Indices Find out more about Drewry Shipping Consultants the primary source of … Latest Market Opinions - Drewry - Latest Trackers and Indices Container Insight - Drewry - Latest Trackers and Indices The ongoing conflict between Russia and Ukraine has the potential to turn into a … News - Drewry - Latest Trackers and Indices WebI will speak on 6th April at a webinar organised by Argus Media about the effect of container freight rates on Cost and Freight (CFR) prices on the trade flows… Philip Damas على LinkedIn: #freightrates #containershipping #argusmedia #fertilizer

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WebIf you plan your shipping schedule by tracking the latest trends on the World Container Index by Drewry, you’ll get an idea of when the busy times are and can plan to book your shipments at a less busy time, when rates are lower. The index tracks and shows the changes in pricing in the main lines for 40-foot-equivalent-unit (FEU) containers. WebIntroducing Drewry's all-new Container Freight Portal. Introducing Drewry's all-new Container Freight Portal ... Drewry Shipping Consultants Ltd 33,244 followers 19h ...

WebApr 10, 2024 · Freight rates fall at much slower pace. Indexes covering spot freight rates and long-term rates show continued deterioration, but at a much slower rate of decline … WebApr 13, 2024 · In the coming weeks we will launch the Beta release of our all-new Container Freight Portal, with the roll-out programme starting with Drewry Benchmarking Club clients and subscribers to our Container Freight Rate Insight Service (CFRI). The two introductory videos below provide an overview of the new CFRI service and Search Rates function ...

WebThe Drewry World Container Index is a composite of 40-foot ocean container freight rates on 8 major routes to/from the US, Europe and Asia as assessed by Drewry Maritime … WebThe latest Drewry WCI composite index of $1,709 per 40-foot container is now 84% below the peak of $10,377 reached in September 2024. It is 36% lower than the 10-year average of $2,688, indicating a return to more normal prices, but remains 20% higher than average 2024 (pre-pandemic) rates of $1,420.

WebThe Drewry World Container Index is a composite of 40-foot ocean container freight rates on 8 major routes to/from the US, Europe and Asia as assessed by Drewry Maritime Research. This is primarily used as a benchmark for 40-foot ocean container spot rates across the various trade lanes that it represents.

WebFeb 19, 2015 · Container shipping rates on intra-Asia trades have fallen to their lowest level in four years, according to Drewry’s Container Freight Rate Insight. Drewry’s Intra-Asia Freight Rate Index fell 10% in the three months to January 2015 to reach $900 per 40ft, its lowest level since Drewry first started publishing the index in March 2011. The ... contingency\u0027s cwWeb28th August 2014, London a€“ Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities rises, according to the Dry Bulk Forecaster report published by shipping consultancy Drewry.Freight rates have been depressed due to a continuing oversupply … efm ncc study guideWeb4 hours ago · The container shipping company posted strong financial results for Q4 and full-year 2024. FY22 revenue amounted to $12.6 billion, driven by higher average freight rates, offset by lower carried ... efm logistics dandenong southWebApr 10, 2024 · Freight rates fall at much slower pace. Indexes covering spot freight rates and long-term rates show continued deterioration, but at a much slower rate of decline than in the second half of 2024. ... The Drewry World Container Index global composite — which measures average spot rates — was unchanged w/w for the week ending Thursday, at ... efm monitoring gameWeb28th August 2014, London a€“ Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk … contingency\u0027s ctWebOct 11, 2024 · On the busy Shanghai-to-Los Angeles trade route, the rate for a 40-foot container sank by almost $1,000 last week to $11,173, an 8.2% drop from the prior week that was the steepest weekly fall ... contingency\u0027s cnWebDrewry World Container Index. Drewry tracks the freight costs of 40-foot container via eight major routes, including spot rates and short-term contract rates. contingency\u0027s cu