Intra-Asia Container Index Slightly Higher Last Week

AI Summary

Drewry’s Intra-Asia Container Index (IACI) increased by 1% last week to $1,114 per forty-foot container, reaching its highest level since May 2023. Elevated rates reflect ongoing regional chokepoint closures and longer route diversions impacting intra-Asia container shipping markets.

Drewry’s Intra-Asia Container Index (IACI) edged up 1% to $1,114 per 40ft container. The index rose to its highest level since May 2023, with rates more than twice their pre-conflict level amid ongoing regional chokepoint closures and longer route diversions. See detailed commentary below. IACI climbs to a record high • The Drewry Intra-Asia Container ...