World Container Index

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The WCI is a 50-50 joint venture between research and consultancy specialist Drewry and Cleartrade Exchange, the leading electronic marketplace for OTC freight and commodity swaps. The WCI is a global index which can be used by physical and derivative market participants to manage freight risk. The index will report individual market prices on major East-West container shipping routes. Initially, prices for 11 individual routes and a composite index will be reported each week. These will cover trade in both directions between Asia, North America and Europe