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Asia-Europe rate drops 2.4pc to US$735/TEU, off 1.8pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 2.4 per cent to US$753 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade was also down 1.3 per cent to $757 per TEU, London's Loadstar reported.

Asia to US west coast declined 1.8 per cent to $2,529 per FEU, while those to the east coast rose 3.5 per cent to $3,739 per FEU.

Source: Schednet

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