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Posted by Daily Cargo News
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31 October, 2025
DREWRY'S World Container Index continued its upward trend this week, increasing 4% to $1,822 per 40ft container.
Source: Drewry World Container Index
Spot rates from Shanghai to Los Angeles increased 6% to $2,438 per 40ft container and those to New York rose 4% to $3,568. Drewry expects a slight rate increase next week, driven by the implementation of GRIs on 1 November. However, this momentum is likely to be short-lived, with rates expected to decline soon after.
Source: Drewry World Container Index
Spot rates from Shanghai to Rotterdam increased 3% to $1,795 per 40ft container and from Shanghai to Genoa rose 5% to $1,955. Carriers on the Asia–Europe trade route are trying to push spot rates up by introducing increased FAK rates effective from 1 November in an attempt to elevate spot rates before the start of the new annual contract negotiation season.
Drewry’s Container Forecaster expects the supply-demand balance to weaken in the next few quarters, which will cause spot rates to contract.
