{
  "id": 27025,
  "title": "Drewry: World Container Index Down 3% Last Week",
  "url": "https://urgent.news/2026/07/31/drewry-world-container-index-down-3-last-week",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-07-31T21:00:51.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/drewry-world-container-index-down-3-last-week-7/"
  },
  "original_language": "en",
  "account": "The Drewry World Container Index (WCI) experienced a 3% decrease to $4,255 per 40ft container last week. This decline was primarily due to reduced rates on Asia-Europe and Transpacific trade routes. On the Transpacific route, Shanghai to Los Angeles spot rates dropped 2% to $5,739, while Shanghai to New York rates remained unchanged at $7,578. Softening demand and an increase in blank sailings, from seven this week to eight next week, contributed to the reduction in available capacity. On the Asia-Europe route, rates fell 6% to $5,630 for Shanghai to Genoa and 3% to $4,677 for Shanghai to Rotterdam. As carriers focus on managing capacity through blank sailings, Drewry anticipates stable rates for the coming week. The East-West container freight market faced pressure due to softened demand, new US tariff measures, and geopolitical tensions leading to Emergency Fuel Surcharges (EFS). Geopolitical developments, port congestion, and uncertain global trade policies are expected to influence market conditions and freight rates in the near future.",
  "summary": "For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts. If your organisation requires regional visibility/coverage beyond the eight trade lanes provided below, contact the team. Our detailed assessment for Thursday, 30 Jul 2026 • The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}