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Container spot index 16% lower than a year ago

Spot rates are declining – 3% in the last week alone – and Drewry predicts further decreases in prices on the container market are to come.

Photo: Aly Song/Reuters/Ritzau Scanpix/REUTERS /

Spot rates on the eight most important container routes between the US, Europe and Asia are 16% lower than a year ago, writes maritime and supply chain consultancy firm Drewry in its weekly World Container Index.

In this week alone, rates have fallen by 3%, and Drewry expects a further decline in the coming weeks.

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