Wednesday, July 2, 2025
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Tag: Drewry

Drewry’s WCI loses three-fourth of pandemic gains despite record high US-Europe rates

The losses for the Drewry's World Container Index (WCI) keep stretching. The Index lost 8% to end at US$3,688.75 for the week, extending its...

Slump in spot rates to continue

The nosediving of spot rates continues, as Drewry's World Container Index revised its own record of the largest weekly fall in recent times. A 10.25%...

World Container Index sinks to January 2021 levels, at 21-month low

Spot rates on Drewry's are no longer dreary. The World Container Index (WCI) took a near 10% tumble, the first in 29 months, as...

Drewry’s World Container Index dips below US$5,000

The Drewry's World Container Index (WCI) effectively dipped for the 200th day to end below US$5,000 at US$4.942, just a percent away from 4,900...

Drewry rejects 20ft containers extinction scenarios

Following a contraction in output of newbuild 20ft shipping containers in 2021, ordering has recovered strongly this year, and Drewry expects its share of...

Container spot rates on a free-slide

The Drewry’s World Container Index (WCI) slid another 5.01% to end at US$5,378.68. The fall has been so sharp, such that the Index has...

Yang Ming orders nearly 19,000 new containers

Yang Ming Marine Transport will order 18,600 containers from Dong Fang International Container (Hong Kong), expecting to spend US$95 million - US$105 million on...

Reefer container freight rates to outpace dry box pricing

Reefer container freight rates across global trades rose over 50% in the year to the second quarter of 2022, matching gains made in dry...

Drewry reports changes to global port capacity forecast, presents leading terminal operators

Widespread container shipping trade recovery in the wake of the Covid-19 pandemic has boosted the global terminal capacity outlook, supported by global terminal operators’...

Drewry reports 6 million TEU of surplus containers

The global pool of shipping containers increased by 13% to almost 50 million TEU in 2021, which was three times prior growth trend, according...
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