Drewry: World Container Index Down 7% Last Week in International Shipping News 07/02/2026 For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts. If your organisation is considering index-linked contracts or requires regional visibility/coverage beyond the eight trade lanes provided below, contact our ocean freight cost benchmarking team. Source: Drewry World Container Index, Drewry Supply Chain Advisors Drewry’s World Container Index decreased 7% to $1,959 per 40ft container this week. Our detailed assessment for Thursday, 05 Feb 2026 The Drewry World Container Index (WCI) decreased 7% to $1,959 per 40ft container for the fourth consecutive week, primarily due to a drop in rates on the Transpacific and Asia–Europe trade routes. Spot rates for shipping from Shanghai to major US destinations have declined notably, with spot rates to Los Angeles dropping 8% to $2,239 per 40ft container and those to New York falling 5% to $2,819. This downwards trend highlights a significant shift in the market, as the traditional pre-Lunar New Year cargo rush—which typically bolsters demand—is failing to materialise in 2026. In response to this weak demand ahead of factory closures, carriers have aggressively managed capacity by announcing 18, 27 and 28 blank sailings over the next three weeks, a frequency much higher than in previous years, according to Drewry’s Container Capacity Insight. Hence, we expect spot rates to decrease further in the coming weeks. Spot rates on Asia–Europe trade routes continued to decline for the fourth consecutive week, with rates on Shanghai–Rotterdam dropping 9% to $2,164 per 40ft container and those on Shanghai–Genoa falling 7% to $3,048. According to Container Capacity Insight, carriers have announced 9, 16 and 9 blank sailings over the next three weeks ahead of the Chinese New Year factory closures and rising market volatility. Drewry expects spot rates to decrease further in the coming weeks. Ocean spot market freight rates against 6,700 global port pairs If you need spot market container freight rate information on other routes to those above, find out more about our Container Freight Rate Insight (CFRI) online service, which covers 6,700 global port pairs updated monthly (2,450 updated fortnightly). Source: Drewry 2026-02-07 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share