Drewry’s World Container Index recorded week-on-week gains of 5% for Shanghai-Rotterdam ($4,933 per 40ft) and 2% for Shanghai-Los Angeles ($6,482 per 40ft), with Shanghai-New York flat at $7,904 per 40ft. Mid-July FAK increases are scheduled, with MSC aiming for $7,700 per 40ft to North Europe and the Mediterranean, and CMA CGM targeting $7,000 to North Europe and $7,900–$8,500 to the Mediterranean, though forwarders report discounting and readily available space, including Gemini partners’ rates as low as $4,800 per 40ft. On the supply side, the 18,300 teu Majestic Maersk transited the Bab Al Mandeb on the headhaul leg of the Gemini Asia-Med Loop 3, marking a return to dual-direction Suez Canal transits for that service, while Maersk also announced its MECL service will fully return to Suez transits this month.