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Shanghai to Rotterdam spot rate rises 3% to $3,632 as blank sailings increase

Drewry's World Container Index for 22 October put Shanghai to Rotterdam at $3,632 per 40ft, up 3%. Drewry expects Asia to Europe rates to rise slightly again next week.

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Drewry's World Container Index rose 2% to $4,585 per 40ft container in its assessment of Thursday 22 October. On the routes into Europe, Shanghai to Rotterdam rose 3% to $3,632 and Shanghai to Genoa rose 5% to $4,152.

Drewry expects Asia to Europe rates to edge up again next week because capacity is tight. It counts eight blank sailings announced for next week, compared with two this week.

The wider outlook, Drewry says, depends on demand, how carriers adjust capacity and security developments in the region.

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A summary of the public sources above, checked when it was published. General information, not legal, tax or financial advice.

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