Deep dive into 10+ years of aggregated price indices and volume data. Drewry’s composite World Container index decreased by 1.5% to $2,605.39 per 40ft container (updated Thursday, 1 October 2020). (25 April 2021) Global container freight rates, as measured by the Freightos Baltic Index (FBX), increased twofold over the last year due to the faster than expected recovery of consumer demand, container shortages, and the shift of consumer spending from services to goods.The global container throughput index by the Institute of Shipping Economics and Logistics, which … Supplied by major container shipping lines including Maersk, MSC, CMA CGM and COSCO. Vital resource for price trends and risk management. A global container index is a weighted average of individual lane indices and offers a big-picture perspective on the worldwide supply/demand balance. The port of Shanghai was the busiest container port in the world, ... Breakdown of automated and semi-automated container terminals 2020, by … The Container Port Performance Index will be presented on 5 May, during a webinar with members of the joint World Bank and IHS Markit team that created it, as well as industry guests, including IAPH MD- Policy and Strategy, Patrick Verhoeven. News; World Ports Conference 2021 21-25 June 2021. About 80% of world goods trade by volume is carried by sea and China is home to seven of the world's 10 busiest container ports, according to the United Nations Conference on Trade and Development. MAIN POINTS. Freight Rates The CTS Global Aggregated Price Index. The Chinese container manufacturers, which dominate the market, are now charging $2,500 for a new container, up from $1,600 last year. A Letter From Hernando de Soto. Welcome to World Freight Rates the Number One Destination for Free, Instant, International, Container Shipping Rate Estimates. ; Nearly all regions will suffer double-digit declines in trade volumes in 2020, with exports from North America and … Looked at over a span of multiple years, global indices provide important insights on the ebb and flow of ocean container markets. The container shortage also drives up new containers' prices, as manufacturers know the demand to charge extra. #IAPH2021. According to the statements of Philip Damas, director, at Drewry, it remains to be seen whether these rate increases will stay or erode over time. Drewry’s composite World Container index decreased by 1.7% to $1,503.98 per 40ft container. Independent monthly price index. They will discuss the scope, underlying data and methodology, as well as its purpose and uses. The average composite index of the WCI, assessed by Drewry for year-to-date, is $1,627 per 40ft container, which is $247 higher than the five-year average of $1,380 per 40ft container. Deep dive into 10+ years of aggregated price indices and volume data. The tracking system allows to determine the current position of your container on the world map and determines the port and the time spent in port of congestion. The Container Port Performance Index 2020 . Two-year spot freight rate trend for the World Container Index: 29 April 2020 As a result of Covid-19, container trade volumes and container port volumes have declined over the first months of 2020.Container freight rates have remained fairly stable because carriers have idle capacity, yet the high debt level of container carriers creates insolvency risks. It also highlighted the need to ensure business continuity and improve the resilience of the maritime gateways, as ports act as crucial nodes in the global logistical system, keeping supply chains moving, economies functioning, … Vital resource for price trends and risk management. Make critical business decisions with confidence. ; A 2021 recovery in trade is expected, but dependent on the duration of the outbreak and the effectiveness of the policy responses. The COVID-19 pandemic highlighted the critical role that ports play in the global economy. Supplied by major container shipping lines including Maersk, MSC, CMA CGM and COSCO. Within months, WFR will provide you direct access to a Worldwide network of Freight Forwarder companies capable of handling your every quote, schedule, and tracking need. Commodity prices - March 2020. Information on all lines belonging to World Liner Data. The composite index is down by 1.1% this week and down by 18.7% from the same period of 2017, according to UK research firm Drewry Maritime Research announced April 19. World Bank and IHS Markit report highlights large efficiency gaps between world’s key container ports. LONDON, May 5, 2021—Asian container ports are the most efficient in the world, dominating the Top 50 spots according to the new global Container Port Performance Index (CPPI) launched by the World Bank and IHS Markit.The report scored ports against … Port liner shipping connectivity index, 2019. The RWI/ISL Container Handling Index for July 2020 will be published on August 25, 2020. The World Container Index’s Shanghai-Rotterdam container freight rate sub-index went from USD 1,276 per 40ft container on 23 February to USD 2,732/40ft on 1 March, a rise of USD1,456. Port call and performance statistics, 2018. Another example of a metric on the freight market is the World Container Index (WCI) assessed by Drewry. Drewry’s composite World Container index increased 1.1% to $5,249.80 per 40ft container. Rigorous processes ensure the integrity of our data. Make critical business decisions with confidence. World merchandise trade is set to plummet by between 13 and 32% in 2020 due to the COVID-19 pandemic. The composite index increased 1.1% this week, however, 213.9% up when compared with same period of 2020. He said spot rates are up to about $6,000 per container compared with the usual price of $1,200. Powered by shipping line data. However, the differences between the regions remain large." Register Now. Even rates from the U.S. have gone up, though not quite as dramatically, according to Yeager. Find Out Drewry Shipping Consultants compiles the World Container Index, a composite of freight rates on eight major routes to/from the US, Europe and Asia. Drewry, World Container Index – 16 Jan. World merchandise trade , 2019. The Shanghai Containerized Freight Index (SCFI) is such a metric. By Ira Breskin The Port of Yokohama is the world’s best performing container port, according to the Container Port Productivity Index 2020, … Likewise, King Abdullah Port in Saudia Arabia ranked second across two CPPI rankings, based on halfyear data collected through June 2020, amidst […] The CTS Advantage. The average composite index of the WCI, assessed by Drewry for year-to-date, is $1,985 per 40ft container, which is $492 higher than the five-year average of $1,493 per 40ft container. The composite index increased 7.9% this week, and 123.8% up when compared with same period of 2019. The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia increased by 6.8% to $1,584.77 per 40ft container this week (updated Thursday, 19 March 2020). See 2020 Sponsors. Liner shipping connectivity index, ... World container port throughput, October 2015. Volume of world merchandise exports, 2020 Q2. World Container Index assessed by Drewry. World sea ports. Regarding the development of the container throughput index, RWI economic director Torsten Schmidt says: "The development of container throughput indicates a stabilization of world trade. In August 2020, the global container shipping throughput recorded an index value of 119.4, an increase from 114.7 in January 2020, … •The average composite index of the World Container Index WCI, assessed by Drewry for year-to-date, is US $1,374/40ft container, which is $83 lower than the five-year average of $1,457/40ft container. The WCI provides weekly assessments of container freight rates, daily forward price estimates and a bank of historical price movements. The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down up 1.0% to $1,791.34 per 40ft container (updated Thursday, 16 January 2020). Global Container Shipping and the Coronavirus Crisis . The World Container Index’s Shanghai-Rotterdam container freight rate sub-index went from $2,654 per 40-foot container on March 29 to $3,408 per 40-foot container on April 5, a rise of $754 per feu. There has been a gradual decrease in the World Container Index from mid-December 2019 to the beginning of February 2020, but a sharp decline of around 15 percent per 40-foot container was seen in the index from February to the end of March 2020. Container port traffic (TEU: 20 foot equivalent units) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). World trade has apparently largely recovered from its slump in the spring.” About the RWI / ISL container handling index: The index includes the data on container transhipment in 91 international ports, which are continuously collected by the ISL as part of its market observation and account for around 60 percent of global container transhipment. compared with same period of 2020. Powered by shipping line data. By Ira Breskin The Port of Yokohama is the world’s best performing container port, according to the Container Port Productivity Index 2020, released earlier this month by IHS Markit and the World Bank. I congratulate Dr. Sary Levy Carciente, 2020 Hernando De Soto fellow, and the Property Rights Alliance Executive Director Lorenzo Montanari for their monumental achievement in constructing the 2020 International Property Rights Index (IPRI), and also for their abiding work promoting property rights around the world. In the previous six months, container rental rates have grown by about 50 percent as well. The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,246 per 40ft container, which is $3,586 higher than the five-year average of $1,660 per 40ft container.

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