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Can container freight futures offer an antidote for supply chain blues? The Baltic Exchange, which pioneered indexation and transacting of drybulk freight futures in the 1980s, has announced that trading...
Our detailed assessment for Thursday, 9 December 2021 • The composite index increased 2.3% this week, and, remains 170% higher than a year ago. • The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,484 per 40ft container, which is $4,745 higher than the five-year average of $2,739 per 40ft container. ...
Drewry’s composite World Container index decreased by 1.5% to $9,050.77 per 40ft container this week. Our detailed assessment for Thursday, 2 December 2021 • The composite index decreased 1.5% this week, but remains 196% higher than a year ago. • The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,447 per ...
Drewry’s composite World Container index remained steady at $9,186.39 per 40ft container this week. Our detailed assessment for Thursday, 25 November 2021 • The composite index remained stable this week, but remains 224% higher than a year ago. • The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,413 per 40ft ...
Rising freight rates are threatening to push up global import prices by 11% by 2023, according to a UN report, as shipping lines post record profits for the third quarter. High freight prices, if sustained, will have a knock-on effect on import and consumer price levels, according to research by the United Nations Conference on ...