Asia-Europe rate rises 4.3pc to US$1,049/TEU, up 1.7pc to Med


SPOT rates for shipping containers from Asia to northern Europe rose 4.3 per cent to US$1,049 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI). 

Asia-Mediterranean trade increased 1.7 per cent to $963 per TEU, American Shipper reported. Asia to the US west coast fell 4.2 per cent week-over-week to $1,541 per FEU while those to the east coast off 0.5 per cent to $2,613 per FEU.

Source: Schednet 

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