The Drewry World Container Index rose for the third consecutive week, increasing 4.35 per cent to $1,822 per FEU on October 30 after a 17-week decline.
Spot rates climbed across key routes, led by Shanghai–Los Angeles and Shanghai–Genoa.
Drewry expects short-term gains from new GRIs effective November 1 but forecasts weaker supply-demand balance and falling rates in coming quarters.
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