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9 August 2026

Drewry WCI rebounds after three-week decline

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Source reporting: Container News

Drewry WCI rebounds after three-week decline

The Drewry World Container Index (WCI) increased after three consecutive weeks of decline. The benchmark rose by 1% to US$4,297 per 40-foot container. Higher Transpacific spot rates supported the increase. Transpacific rates increase Spot rates from Shanghai to New York rose by 4% to US$7,893 per 40-foot container. Meanwhile, Shanghai to Los Angeles rates increased by 3% to US$5,894 per 40-foot container.

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9 August 2026

Why the strait of Hormuz stays expensive even if Tehran and Muscat sign

Six months into the war between the United States, Israel, and Iran, the Strait of Hormuz has settled into a condition best described by Lloyd’s List Intelligence as “predictably unpredictable.” This content is locked Select a CN Premium Subscription Package To Unlock The Content! Remember Me Lost your password? Don't have an account? Register The post Why the strait of Hormuz stays expensive even if Tehran and Muscat sign appeared first on Container News .

Source: Container NewsOriginal source

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