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Asia-Europe rate jumps 7.5pc to US$832/TEU, falls 4.7pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 7.5 per cent to US$832 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade rose 4.2 per cent to $821 per TEU. Asia to US west coast dropped 4.7 per cent to $1,935 per FEU while those to the east coast fell 7.5 per cent to $2,901 per FEU.

Source: Schednet

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