The composite index increased 2% this week to $5,340.30 per 40ft container, its highest level since 2011. Rates from Rotterdam to New York soared 8% or $167 and reached $2,283 per 40ft container. Freight rates on Shanghai to Genoa lane increased 5% or $380 to reach $8,792 for 40ft box. Similarly, spot rates from Rotterdam …
The post Drewry: World Container Index Reaches Highest Level Since 2011 first appeared on Hellenic Shipping News Worldwide.