Last mentioned: Mar 19, 2026
Hormuz Crisis Impact
Drewry reports 2% rise to $2,172; geopolitical risks in Hormuz cited as a major cost factor.
Hormuz Crisis Escalation
WCI hits $2,172 as geopolitical risks in the Middle East add cost surcharges to major routes.
Second Consecutive Gain
WCI continues upward trend as Transpacific demand strengthens.
Second Weekly Gain
Transpacific demand begins to pull the Drewry WCI higher as shippers front-load cargo.
Initial Rate Uptick
Spot rates begin to climb after a period of relative stability.
Rate Stabilization
Global spot rates begin to firm after a period of post-holiday softening.
The Drewry World Container Index rose 2% to $2,172 this week, marking a third consecutive period of growth. Gains are being driven by robust Transpacific demand and escalating geopolitical risks in the Strait of Hormuz, which are pushing maritime costs higher.
The Drewry World Container Index rose 2% to $2,172 per 40-foot container, marking a third consecutive week of gains. Rising demand on Transpacific routes and geopolitical instability in the Strait of Hormuz are driving the current surge in global shipping costs.
Global container spot rates climbed 2% this week to $2,172 per 40-foot container, marking the third consecutive week of gains. The recovery is being driven by robust demand on Transpacific trade lanes and escalating geopolitical risks in the Strait of Hormuz, which are forcing carriers to adjust pricing and capacity.