Asia-Europe rate soars 25.9pc to US$958/TEU, up 41.2pc to Med ports


SPOT rates for shipping containers from Asia to northern Europe increased 25.9 per cent to US$958 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI). 

Asia-Mediterranean trade soared 41.2 per cent to $788 per TEU, American Shipper reported. Asia to the US west coast increased 6.1 per cent from last week to $2,034 per FEU while those to the east coast increased 10.6 per cent to $2,836 per FEU.

Source: Schednet

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