Drewry: Pacific Ocean rates increase

The rates for container freight in the Pacific Ocean have increased by 8.6 percent compared to last week. So reports Bloomberg based on figures from Drewry.

Photo: Hanjin

The rates on routes crossing the Pacific Ocean – on the route Hongkong-Los Angeles – increased by 8.6 percent to USD 2,711 for 1 feu. This is shown in the Drewry Hongkong-Los Angeles index for the week ending on Friday. The two preceding weeks, the index has remained unchanged, Bloomberg News reports.

The rates have decreased by 5.9 percent since the rate increase in August of USD 500 dollars but are almost 74 percent higher than was the case a year ago.

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