Drewry: Cancelled Sailings Lower Last Week

Drewry reports only 24 blank sailings expected over five weeks (weeks 27–31, June 29 – August 2, 2026) across major East–West trades, representing a low 3% cancellation rate, as the Strait of Hormuz gradually reopens. Despite improving operational conditions, freight rates continue to rise, with the World Container Index reaching $4,166 per 40ft container, driven by strong demand and tight vessel availability during peak season.