Drewry: World Container Index up 2% last week
LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 2% to $1,687 per 40ft container last week. Drewry’s detailed assessment for
Xeneta Weekly Ocean Container Shipping Market Update
OSLO: Average spot rates on four main fronthauls out of the Far East have all increased from last week. This uptick follows the previous week when rates were stable after a drop on 1
Cochin Shipyard bags landmark CMA CGM Order, Marking India’s Entry into Global Boxship Construction
NEW DELHI: India’s ambitions to emerge as a global shipbuilding powerhouse have received a major boost, with Cochin Shipyard Limited (CSL) securing its first-ever international order for ocean-going containerships. The milestone marks a turning
Allcargo Logistics composite scheme approved by NCLT; Domestic and International Business to restructure under separate listed companies
MUMBAI: Allcargo Logistics Limited, India’s largest integrated, end-to-end logistics solutions provider, has announced the approval by the National Company Law Tribunal (NCLT), Mumbai Bench, for the Composite Scheme of Arrangement under Sections 230 to
Asia-Europe container freight collapses to multiyear Lows
NEW YORK: The third quarter of 2025 marked a dramatic reversal for the European container freight market, with spot rates sliding steadily to their lowest levels since late 2023. Carriers attempted to offset falling
Drewry’s World Container Index decreased 1% last week
LONDON: For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index decreased 1% to $1,651 per 40ft container last week. Our detailed assessment for
Xeneta Weekly Ocean Container Shipping Market Update: Average Rates Retreat
OSLO: The average spot rates of all trades slightly declined from last week. Ranging from -6.6% to -4.6%. This follows from last week, when there were sharper drops across the board.• September was a
Drewry: Intra-Asia Container Index Plummeted 9%
LONDON: Drewry’s Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 9% in the fortnight to 30 Sep 25 to $554 per 40ft container. Intra-Asia Container Index assessment for