Shipping

Container Spot Rates Rebound as Carriers Impose Emergency Fuel Surcharges Amid Hormuz Tensions

6 May 2026
5 sources

Drewry World Container Index rose 3% to $2,286 per 40ft container, driven by Transpacific gains. Carriers like MSC and CMA CGM introduced EFS and PSS hikes due to bunker costs and Strait of Hormuz risks.

Container spot rates snapped back after three weeks of declines, per the latest Drewry World Container Index (WCI), with the composite index up 3% to $2,286 per 40-foot container (FEU). Shanghai-New York rates jumped 7% week-on-week to $3,721 per FEU, while Shanghai-Los Angeles rose 5% to $3,062 per FEU. MSC hiked its Emergency Fuel Surcharges (EFS) on Asia-US East Coast to $644 per FEU and West Coast to $467 per FEU; CMA CGM added a $2,000 per FEU Peak Season Surcharge from May 1. New FAK rates from Asia-North Europe and Asia-Mediterranean will range $3,500–$4,600 per FEU starting May 15.

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