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August 14 2023

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58 Journal of Commerce | August 14, 2023 www.joc.com By the Numbers World Container Index assessed by Drewry The rate assessment is published by the World Container Index assessed by Drewry and includes the base ocean rate, the fuel surcharge and all other surcharges, but not the Terminal Handling Charge at the destination. Shanghai to Rotterdam Rate HOLDS STEADY: The July 27, 2023, spot rate from Shanghai to Rotterdam was $1,292 per FEU, remaining flat from the previous week. The rate was down $7,862 (85.9%) year over year and $414 (24.3%) from year-end 2022. Shanghai to Los Angeles Rate INCHES UP: The July 27, 2023, spot rate from Shanghai to Los Angeles was $2,087 per FEU, up $122 (6.2%) from the previous week. The rate was down $5,112 (71.1 %) year over year but up $95 (4.8%) from year-end 2022. Rotterdam to New York Rate CREEPS DOWN: The July 27, 2023, spot rate from Rotterdam to New York was $1,590 per FEU, down $50 (3.1%) from the previous week. The rate was down $5,331 (77.1%) year over year and $5,399 (77.3%) from year-end 2022. New York to Rotterdam Rate SLIPS: The July 27, 2023, spot rate from New York to Rotterdam was $735 per FEU, down $1 (0.1%) from the previous week. The rate was down $539 (42.3%) year over year and $528 (41.8%) from year-end 2022. Los Angeles to Shanghai Rate STAYS FLAT: The July 27, 2023, spot rate from Los Angeles to Shanghai was $839 per FEU, flat from the previous week. The rate was down $420 (33.4%) year over year and $330 (28.2%) from year- end 2022. Drewry (www.drewry.co.uk) is a consulting firm specializing in international maritime transport, providing bid administration support, benchmarking, best practices, fuel programs, market research, technology and procurement advice. $0 $3,000 $6,000 $9,000 $12,000 $15,000 07/27/23 06/23/2011 High: $14,807 09/16/2021 Low: $313 12/29/2016 $0 $3,000 $6,000 $9,000 $12,000 $15,000 07/27/23 06/23/2011 High: $12,424 09/16/2021 Low: $754 12/29/2016 $0 $1,500 $3,000 $4,500 $6,000 $7,500 $9,000 07/27/23 06/23/2011 High: $7,426 09/16/2021 Low: $1,590 12/29/2016 $0 $600 $1,200 $1,800 $2,400 $3,000 07/27/23 06/23/2011 High: $2,141 09/16/2021 Low: $442 12/29/2016 $0 $300 $600 $900 $1,200 $1,500 07/27/23 06/23/2011 High: $1,479 09/16/2021 Low: $336 12/29/2016

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