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Drewry: World Container Index Down 1% Last Week
For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts.
- Drewry World Container Index drops 1% to $4,389 per 40ft container
- Transpacific route rates from Shanghai to New York fall 3% to $9,303
- Chinese port congestion eases, vessel waiting times down to 35 hours
Affinity Tanker Weekly, 6 November 2026
VLCCs have softened throughout the week as limited enquiry and increasingly competitive Suezmax alternatives have tempered owners’ Source: Affinity Research LLP
Advanced Shipping & Trading – WEEKLY SHIPPING MARKET REPORT WEEK 45 2026
Pan Ocean have committed their Capesize “Pan Advance” 179/2009 Hyundai, Korea (SS 06/2029, DD 07/2027, Scrubber fitted) to Source: Advanced Shipping & Trading S.A.
COP31: Seas At Risk is calling for urgent action to reduce greenhouse gas (GHG)
As world leaders gather at COP31, Seas At Risk is calling for urgent action to reduce greenhouse gas (GHG) and black carbon emissions to protect marine ecosystems and accelerate a fair transition away…
- Seas At Risk urges immediate GHG and black carbon emission cuts at COP31
- Ocean absorbs 90% of additional heat from greenhouse gases, facing severe risks
- Framework adoption at IMO crucial for shipping climate action transition
GMS Week 45 – Bids Hold Fast Against the Tide
Last week’s improving recycling sentiment has encountered a changing international backdrop. Crude oil has retreated sharply, domestic steel prices have weakened across several destinations, and…
- Recycling sentiment remained steady despite international factors
- Brent crude oil dropped towards $99 per barrel, WTI around $91
- Steel markets, especially Indian plate, moved against recyclers
The Week in Alt Fuels: Ammonia and methanol bunkering gain ground
The list of successful alternative-fuel bunker operations keeps growing, as seen over the past week. Two ammonia-capable vessels received green ammonia in different parts of the world.
- Two ammonia-fueled vessels received fuel in South Korea and Australia.
- Methanol-capable OOCL Grace received bio-methanol in China.
- Only 29 ports globally offer methanol bunkering services.