Container rates on the lane that matters most for UK furniture and materials imports turned up again in mid October, after easing earlier in the month.
$3,522
per 40ft container, Shanghai to Rotterdam, week to 15 October, up 6 percent.
Source: Drewry World Container Index
Drewry's composite World Container Index rose 3 percent to $4,485 per 40ft container in the week to 15 October, after three consecutive weekly declines. The week before, it had fallen 2 percent to $4,351, with Shanghai to Rotterdam down 2 percent to $3,337.
In its update of 14 October, Freightos reported Asia to North Europe spot rates level and Asia to Mediterranean up 7 percent to $3,800 per 40ft. It warned that "the current escalation may increase the likelihood of renewed Red Sea strikes".
Suez
Lloyd's List Intelligence reports 1,228 Suez Canal transits in September, up 21 percent on a year earlier but still 39 percent below pre-crisis levels. Containership traffic through Suez reached 2.19 million teu in September, up 40 percent on August.
Sources
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