Drewry’s composite World Container index

World Container Index - 04 Nov

Drewry’s composite World Container index decreased 4.9% to $9,195.41 per 40ft container this week.

World Container Index

Our detailed assessment for Thursday, 4 November 2021

  • The composite index decreased 4.9% this week, but remains 252% higher than a year ago.

  • The average composite index of the WCI, assessed by Drewry for year-to-date, is $7,293 per 40ft container, which is $4,701 higher than the five-year average of $2,592 per 40ft container.

  • Drewry’s World Container index composite index decreased 5% and reached $9,195.41 per 40ft container, but is 252% higher than the same week in 2020. Freight rates on Transpacific Eastbound lanes, Shanghai – Los Angeles dropped 10% or $1,119 to reach $9,857 and Shanghai – New York fell 7% or

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These 3 charts show how international trade works - and the current state it’s in

 

 

 

 

How have trade patterns changed recently?
Image: UNSPLASH/Maksym Kaharlytskyi
  • International trade is the lifeblood of the world economy, but is subject to constant change from economic, political and environmental forces.
  • Emerging economies have seen their share of total global trade rocket in recent years.
  • China, for instance, is now responsible for 15% of all world exports.
  • Unfinished goods, components and services account for 70% of all trade.
  • While trade in services accounts for two-thirds of global GDP, COVID-19 has had

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Las tarifas de los transportistas de GNL superan los $ 260,000 por día ya que las ganancias de arbitraje superan los $ 100 millones

 

 

 

Lloyd's List

La escasez del Pacífico impulsa una prima récord sobre las tarifas del Atlántico a medida que aumentan los precios del gas en Europa

 

Los comerciantes obtienen ganancias por las nubes a medida que el arbitraje se extiende a 124 millones de dólares para la carga de GNL cargada en EE. UU. Que navega hacia Japón

LOS PRECIOS DEL GAS NATURAL SE HAN DISPARADO DURANTE LAS ÚLTIMAS SEIS SEMANAS ANTES DEL PICO INVERNAL, ALCANZANDO RÉCORDS EN EUROPA Y ASIA.

La crisis del gas natural y la energía que azota Asia y Europa ha impulsado las tarifas spot para los transportistas de gas

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Biden hopes fines on lingering cargo containers ease congestion at major U.S. ports

TRANSPORTATION

 

PUBLISHED TUE, OCT 26 20215:09 PM EDTUPDATED WED, OCT 27 202112:11 PM EDT
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KEY POINTS
  • The Biden administration is hopeful new fines imposed on carriers at the nation’s busiest port complex will ease the intensifying logjam of cargo ships.
  • The twin ports of Los Angeles and Long Beach will charge carriers $100 per day for each container lingering past a given timeline starting Nov. 1.
  • The nation’s knotted supply chain is bearing the brunt of surging consumer demand, high transportation expenses, crippling labor shortages, overseas manufacturing delays, trade policies and inflation.
VIDEO02:07
Ports of Long Beach and Los Angeles to fine companies that leave containers on the docks
 

WASHINGTON – The Biden administration is hopeful

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China exports in surprise jump despite power crunch

 

 

 

ASIA TImES

Exports rose a better-than-expected 28.1% on-year in September, according to authorities – up from 25.6% in August
 
   
 
A March 24, 2021, aerial picture of container cranes and containers at the Lianyungang Port Container Terminal in Lianyungang, Jiangsu province. Photo: AFP / Hector Retamal

China’s exports rose unexpectedly in September, official data showed Wednesday, but analysts warned of a looming hit from the country’s power crunch that has disrupted supply.

The data came after a sharp jump in trade in the world’s second-largest economy in August, suggesting that overseas demand for consumer goods had surged as a domestic virus outbreak was brought to heel.

But last month many factories were forced to halt operations owing to power outages

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